Lowe's Companies Balance Sheet Health
Financial Health criteria checks 2/6
Lowe's Companies has a total shareholder equity of $-14.6B and total debt of $35.9B, which brings its debt-to-equity ratio to -245.9%. Its total assets and total liabilities are $45.4B and $60.0B respectively. Lowe's Companies's EBIT is $10.9B making its interest coverage ratio 7.9. It has cash and short-term investments of $3.5B.
Key information
-245.9%
Debt to equity ratio
US$35.92b
Debt
Interest coverage ratio | 7.9x |
Cash | US$3.50b |
Equity | -US$14.61b |
Total liabilities | US$59.97b |
Total assets | US$45.37b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LOWC34 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LOWC34 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: LOWC34 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LOWC34's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LOWC34's debt is well covered by operating cash flow (28.7%).
Interest Coverage: LOWC34's interest payments on its debt are well covered by EBIT (7.9x coverage).