Stock Analysis on Net
Stock Analysis on Net

Lowe’s Cos. Inc. (NYSE:LOW)

Common-Size Balance Sheet: Assets

Lowe’s Cos. Inc., common-size consolidated balance sheet: assets

Microsoft Excel
Feb 2, 2024 Feb 3, 2023 Jan 28, 2022 Jan 29, 2021 Jan 31, 2020 Feb 1, 2019
Cash and cash equivalents 2.20 3.08 2.54 10.04 1.81 1.48
Short-term investments 0.73 0.88 0.61 1.08 0.41 0.63
Merchandise inventory, net 40.42 42.40 39.44 34.65 33.39 36.40
Accounts receivable 0.00 0.00 0.00 0.00 0.00 0.00
Other current assets 2.27 2.70 2.35 2.00 3.20 2.72
Current assets 45.63% 49.06% 44.94% 47.77% 38.81% 41.23%
Property, less accumulated depreciation 42.24 40.19 42.72 40.99 47.30 53.41
Operating lease right-of-use assets 8.93 8.05 9.20 8.20 9.86 0.00
Long-term investments 0.60 0.28 0.45 0.43 0.94 0.74
Deferred income taxes, net 0.59 0.57 0.37 0.73 0.55 0.85
Other assets 2.01 1.85 2.33 1.89 2.55 3.76
Noncurrent assets 54.37% 50.94% 55.06% 52.23% 61.19% 58.77%
Total assets 100.00% 100.00% 100.00% 100.00% 100.00% 100.00%

Based on: 10-K (reporting date: 2024-02-02), 10-K (reporting date: 2023-02-03), 10-K (reporting date: 2022-01-28), 10-K (reporting date: 2021-01-29), 10-K (reporting date: 2020-01-31), 10-K (reporting date: 2019-02-01).

Balance sheet item Description The company
Current assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Lowe’s Cos. Inc. current assets as a percentage of total assets increased from 2022 to 2023 but then slightly decreased from 2023 to 2024 not reaching 2022 level.
Property, less accumulated depreciation Amount after accumulated depreciation, depletion and amortization of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. Lowe’s Cos. Inc. property, less accumulated depreciation as a percentage of total assets decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.
Noncurrent assets Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold or consumed after one year or beyond the normal operating cycle, if longer. Lowe’s Cos. Inc. noncurrent assets as a percentage of total assets decreased from 2022 to 2023 but then increased from 2023 to 2024 not reaching 2022 level.