Lowe's Companies Balance Sheet Health
Financial Health criteria checks 2/6
Lowe's Companies has a total shareholder equity of $-15.1B and total debt of $35.5B, which brings its debt-to-equity ratio to -235.8%. Its total assets and total liabilities are $41.8B and $56.8B respectively. Lowe's Companies's EBIT is $11.6B making its interest coverage ratio 8.4. It has cash and short-term investments of $921.0M.
Key information
-235.8%
Debt to equity ratio
US$35.49b
Debt
Interest coverage ratio | 8.4x |
Cash | US$921.00m |
Equity | -US$15.05b |
Total liabilities | US$56.85b |
Total assets | US$41.80b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LWE has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: LWE 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: LWE has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: LWE's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: LWE's debt is well covered by operating cash flow (22.9%).
Interest Coverage: LWE's interest payments on its debt are well covered by EBIT (8.4x coverage).