Lowe's Companies Balance Sheet Health
Financial Health criteria checks 2/6
Lowe's Companies has a total shareholder equity of $-13.8B and total debt of $35.5B, which brings its debt-to-equity ratio to -257.9%. Its total assets and total liabilities are $44.9B and $58.7B respectively. Lowe's Companies's EBIT is $10.5B making its interest coverage ratio 7.7. It has cash and short-term investments of $4.4B.
Key information
-257.9%
Debt to equity ratio
US$35.50b
Debt
| Interest coverage ratio | 7.7x |
| Cash | US$4.36b |
| Equity | -US$13.76b |
| Total liabilities | US$58.70b |
| Total assets | US$44.93b |
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 (27%).
Interest Coverage: LOWC34's interest payments on its debt are well covered by EBIT (7.7x coverage).