Lowe's Cos. Inc. (LOW) | Enterprise Value (EV)
Current Enterprise Value (EV)
Lowe's Cos. Inc., current enterprise value calculation
| Current share price (P) | $ 42.38 |
| No. shares of common stock outstanding | 1,088,511,808 |
| USD $ in millions | |
| Common equity (market value) | 46,131 |
| Add: Preferred stock, $5 par value, none issued (per books) | – |
| Total equity | 46,131 |
| Add: Short-term borrowings (per books) | – |
| Add: Current maturities of long-term debt (per books) | 47 |
| Add: Long-term debt, excluding current maturities (per books) | 9,030 |
| Total equity and debt | 55,208 |
| Less: Cash and cash equivalents | 541 |
| Less: Short-term investments | 125 |
| Enterprise value (EV) | 54,542 |
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Historical Enterprise Value (EV)
Lowe's Cos. Inc., EV calculation
| Feb 1, 2013 | Feb 3, 2012 | Jan 28, 2011 | Jan 29, 2010 | Jan 30, 2009 | Feb 1, 2008 | ||
|---|---|---|---|---|---|---|---|
| No. shares of common stock outstanding1 | 1,088,511,808 | 1,198,910,882 | 1,318,320,422 | 1,443,389,268 | 1,474,239,704 | 1,461,815,744 | |
| Share price1, 2 (USD $) | 38.02 | 31.38 | 26.93 | 24.34 | 18.25 | 24.49 | |
| USD $ in millions | |||||||
| Common equity (market value) | 41,385 | 37,622 | 35,502 | 35,132 | 26,905 | 35,800 | |
| Add: Preferred stock, $5 par value, none issued (per books) | – | – | – | – | – | – | |
| Total equity | 41,385 | 37,622 | 35,502 | 35,132 | 26,905 | 35,800 | |
| Add: Short-term borrowings (per books) | – | – | – | – | 987 | 1,064 | |
| Add: Short-term borrowings (per books) | – | – | – | – | 987 | 1,064 | |
| Add: Current maturities of long-term debt (per books) | 47 | 592 | 36 | 552 | 34 | 40 | |
| Add: Long-term debt, excluding current maturities (per books) | 9,030 | 7,035 | 6,537 | 4,528 | 5,039 | 5,576 | |
| Total equity and debt | 50,462 | 45,249 | 42,075 | 40,212 | 32,965 | 42,480 | |
| Less: Cash and cash equivalents | 541 | 1,014 | 652 | 632 | 245 | 281 | |
| Less: Short-term investments | 125 | 286 | 471 | 425 | 416 | 249 | |
| Enterprise value (EV) | 49,796 | 43,949 | 40,952 | 39,155 | 32,304 | 41,950 | |
2 Close price on the filing date of Lowe's Cos. Inc.'s Annual Report.
| Item | Description | The company |
|---|---|---|
| EV | Enterprise value is total company value (the market value of common equity, debt, and preferred equity) minus the value of cash and short-term investments. | Lowe's Cos. Inc.'s EV increased from 2011 to 2012 and from 2012 to 2013. |
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