Stock Analysis on Net
Stock Analysis on Net
Microsoft Excel LibreOffice Calc

Lowe’s Cos. Inc. (NYSE:LOW)

Analysis of Liquidity Ratios

Beginner level

Liquidity Ratios (Summary)

Lowe’s Cos. Inc., liquidity ratios

Microsoft Excel LibreOffice Calc
Jan 29, 2021 Jan 31, 2020 Feb 1, 2019 Feb 2, 2018 Feb 3, 2017 Jan 29, 2016
Current ratio 1.19 1.01 0.98 1.06 1.00 1.01
Quick ratio 0.28 0.06 0.05 0.06 0.05 0.07
Cash ratio 0.28 0.06 0.05 0.06 0.05 0.07

Based on: 10-K (filing date: 2021-03-22), 10-K (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29).

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Lowe’s Cos. Inc.’s current ratio improved from 2019 to 2020 and from 2020 to 2021.
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Lowe’s Cos. Inc.’s quick ratio improved from 2019 to 2020 and from 2020 to 2021.
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Lowe’s Cos. Inc.’s cash ratio improved from 2019 to 2020 and from 2020 to 2021.

Current Ratio

Lowe’s Cos. Inc., current ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Jan 29, 2021 Jan 31, 2020 Feb 1, 2019 Feb 2, 2018 Feb 3, 2017 Jan 29, 2016
Selected Financial Data (US$ in millions)
Current assets 22,326  15,318  14,228  12,772  12,000  10,561 
Current liabilities 18,730  15,182  14,497  12,096  11,974  10,492 
Liquidity Ratio
Current ratio1 1.19 1.01 0.98 1.06 1.00 1.01
Benchmarks
Current Ratio, Competitors2
Amazon.com Inc. 1.05 1.10 1.10 1.04 1.04
Booking Holdings Inc. 3.56 1.83 2.36 2.58 1.89
Home Depot Inc. 1.23 1.08 1.11 1.17 1.25 1.36
Target Corp. 1.03 0.89 0.83 0.95 0.94 1.12
TJX Cos. Inc. 1.46 1.24 1.53 1.66 1.63 1.54
Current Ratio, Sector
Retailing 1.09 1.10 1.15 1.13 1.15
Current Ratio, Industry
Consumer Discretionary 1.14 1.06 1.12 1.09 1.08

Based on: 10-K (filing date: 2021-03-22), 10-K (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29).

1 2021 Calculation
Current ratio = Current assets ÷ Current liabilities
= 22,326 ÷ 18,730 = 1.19

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Current ratio A liquidity ratio calculated as current assets divided by current liabilities. Lowe’s Cos. Inc.’s current ratio improved from 2019 to 2020 and from 2020 to 2021.

Quick Ratio

Lowe’s Cos. Inc., quick ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Jan 29, 2021 Jan 31, 2020 Feb 1, 2019 Feb 2, 2018 Feb 3, 2017 Jan 29, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,690  716  511  588  558  405 
Short-term investments 506  160  218  102  100  307 
Accounts receivable —  —  —  —  —  — 
Total quick assets 5,196  876  729  690  658  712 
 
Current liabilities 18,730  15,182  14,497  12,096  11,974  10,492 
Liquidity Ratio
Quick ratio1 0.28 0.06 0.05 0.06 0.05 0.07
Benchmarks
Quick Ratio, Competitors2
Amazon.com Inc. 0.83 0.83 0.80 0.70 0.74
Booking Holdings Inc. 3.38 1.68 2.20 2.46 1.81
Home Depot Inc. 0.47 0.23 0.22 0.34 0.32 0.33
Target Corp. 0.48 0.24 0.18 0.27 0.26 0.38
TJX Cos. Inc. 1.01 0.50 0.61 0.70 0.78 0.61
Quick Ratio, Sector
Retailing 0.69 0.64 0.64 0.59 0.58
Quick Ratio, Industry
Consumer Discretionary 0.78 0.67 0.72 0.67 0.65

Based on: 10-K (filing date: 2021-03-22), 10-K (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29).

1 2021 Calculation
Quick ratio = Total quick assets ÷ Current liabilities
= 5,196 ÷ 18,730 = 0.28

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Quick ratio A liquidity ratio calculated as (cash plus short-term marketable investments plus receivables) divided by current liabilities. Lowe’s Cos. Inc.’s quick ratio improved from 2019 to 2020 and from 2020 to 2021.

Cash Ratio

Lowe’s Cos. Inc., cash ratio calculation, comparison to benchmarks

Microsoft Excel LibreOffice Calc
Jan 29, 2021 Jan 31, 2020 Feb 1, 2019 Feb 2, 2018 Feb 3, 2017 Jan 29, 2016
Selected Financial Data (US$ in millions)
Cash and cash equivalents 4,690  716  511  588  558  405 
Short-term investments 506  160  218  102  100  307 
Total cash assets 5,196  876  729  690  658  712 
 
Current liabilities 18,730  15,182  14,497  12,096  11,974  10,492 
Liquidity Ratio
Cash ratio1 0.28 0.06 0.05 0.06 0.05 0.07
Benchmarks
Cash Ratio, Competitors2
Amazon.com Inc. 0.67 0.63 0.60 0.54 0.59
Booking Holdings Inc. 3.23 1.36 1.77 2.12 1.50
Home Depot Inc. 0.34 0.12 0.11 0.22 0.18 0.18
Target Corp. 0.42 0.18 0.10 0.20 0.20 0.32
TJX Cos. Inc. 0.97 0.45 0.55 0.64 0.73 0.56
Cash Ratio, Sector
Retailing 0.56 0.48 0.49 0.45 0.46
Cash Ratio, Industry
Consumer Discretionary 0.56 0.42 0.46 0.43 0.40

Based on: 10-K (filing date: 2021-03-22), 10-K (filing date: 2020-03-23), 10-K (filing date: 2019-04-02), 10-K (filing date: 2018-04-02), 10-K (filing date: 2017-04-04), 10-K (filing date: 2016-03-29).

1 2021 Calculation
Cash ratio = Total cash assets ÷ Current liabilities
= 5,196 ÷ 18,730 = 0.28

2 Click competitor name to see calculations.

Liquidity ratio Description The company
Cash ratio A liquidity ratio calculated as (cash plus short-term marketable investments) divided by current liabilities. Lowe’s Cos. Inc.’s cash ratio improved from 2019 to 2020 and from 2020 to 2021.