LKQ Long Term Debt vs Cash And Short Term Investments Analysis
LKQ Stock | USD 42.21 0.07 0.17% |
LKQ financial indicator trend analysis is infinitely more than just investigating LKQ Corporation recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether LKQ Corporation is a good investment. Please check the relationship between LKQ Long Term Debt and its Cash And Short Term Investments accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LKQ Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry.
Long Term Debt vs Cash And Short Term Investments
Long Term Debt vs Cash And Short Term Investments Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LKQ Corporation Long Term Debt account and Cash And Short Term Investments. At this time, the significance of the direction appears to have very strong relationship.
The correlation between LKQ's Long Term Debt and Cash And Short Term Investments is 0.81. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Cash And Short Term Investments in the same time period over historical financial statements of LKQ Corporation, assuming nothing else is changed. The correlation between historical values of LKQ's Long Term Debt and Cash And Short Term Investments is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of LKQ Corporation are associated (or correlated) with its Cash And Short Term Investments. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cash And Short Term Investments has no effect on the direction of Long Term Debt i.e., LKQ's Long Term Debt and Cash And Short Term Investments go up and down completely randomly.
Correlation Coefficient | 0.81 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt
Long-term debt is a debt that LKQ Corporation has held for over one year. Long-term debt appears on LKQ Corporation balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on LKQ Corporation balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Cash And Short Term Investments
Short Term Investments is an account in the current assets section of LKQ Corporation balance sheet. This account contains LKQ investments that will expire within one year. These investments include stocks and bonds that can be liquidated by LKQ Corporation fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.Most indicators from LKQ's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into LKQ Corporation current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in LKQ Corporation. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. At this time, LKQ's Discontinued Operations is relatively stable compared to the past year. As of 06/07/2024, Sales General And Administrative To Revenue is likely to grow to 0.29, while Selling General Administrative is likely to drop slightly above 3.7 B.
2021 | 2022 | 2023 | 2024 (projected) | Total Revenue | 13.1B | 12.8B | 13.9B | 14.6B | Interest Expense | 72.1M | 78M | 214M | 151.4M |
LKQ fundamental ratios Correlations
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LKQ Account Relationship Matchups
High Positive Relationship
High Negative Relationship
LKQ fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Common Stock Shares Outstanding | 311.0M | 305.0M | 297.7M | 278M | 268.3M | 270.1M | |
Total Assets | 12.8B | 12.4B | 12.6B | 12.0B | 15.1B | 15.8B | |
Total Stockholder Equity | 5.0B | 5.7B | 5.8B | 5.5B | 6.2B | 6.5B | |
Liabilities And Stockholders Equity | 12.8B | 12.4B | 12.6B | 12.0B | 15.1B | 15.8B | |
Short Long Term Debt Total | 5.4B | 4.3B | 4.2B | 3.9B | 5.6B | 5.9B | |
Other Current Liab | 218.9M | 232.2M | 219.3M | 430M | 149M | 107.7M | |
Total Current Liabilities | 2.2B | 2.0B | 2.2B | 2.3B | 3.3B | 3.5B | |
Other Liab | 652.5M | 666.1M | 643.7M | 563M | 647.5M | 679.8M | |
Net Debt | 4.9B | 4.0B | 4.0B | 3.7B | 5.3B | 5.6B | |
Retained Earnings | 4.1B | 4.8B | 5.8B | 6.7B | 7.3B | 7.7B | |
Accounts Payable | 942.8M | 932.4M | 1.2B | 1.3B | 1.6B | 1.7B | |
Cash | 523.0M | 312.2M | 274.1M | 278M | 299M | 161.2M | |
Non Current Assets Total | 8.1B | 8.3B | 8.4B | 7.8B | 10.2B | 10.7B | |
Non Currrent Assets Other | (157.0M) | (127.8M) | (54.3M) | (76M) | (161M) | (153.0M) | |
Other Assets | 149.8M | 1.7B | 225.0M | 204M | 234.6M | 153.0M | |
Long Term Debt | 3.7B | 2.8B | 2.8B | 2.6B | 3.7B | 3.8B | |
Cash And Short Term Investments | 523.0M | 312.2M | 274.1M | 278M | 299M | 161.2M | |
Good Will | 4.4B | 4.6B | 4.5B | 4.3B | 5.6B | 6.9B | |
Non Current Liabilities Total | 5.6B | 4.7B | 4.7B | 4.3B | 5.6B | 5.9B | |
Inventory | 2.8B | 2.4B | 2.6B | 2.8B | 3.1B | 3.3B | |
Other Current Assets | 260.9M | 233.9M | 296.9M | 230M | 283M | 297.2M | |
Other Stockholder Equity | 1.1B | 975.5M | 128.1M | (883M) | (886M) | (841.7M) | |
Total Liab | 7.7B | 6.7B | 6.8B | 6.5B | 8.9B | 9.3B | |
Total Current Assets | 4.7B | 4.0B | 4.3B | 4.3B | 4.9B | 5.1B | |
Intangible Assets | 850.3M | 814.2M | 746.1M | 653M | 1.3B | 1.4B | |
Common Stock | 3.2M | 3.2M | 3.2M | 3M | 3.5M | 2.2M | |
Property Plant Equipment | 1.2B | 1.2B | 2.7B | 1.2B | 1.4B | 1.5B | |
Property Plant And Equipment Net | 2.5B | 2.6B | 2.7B | 2.5B | 2.9B | 3.0B | |
Current Deferred Revenue | 468.9M | 543.6M | 532.2M | 280M | 701M | 736.1M | |
Net Receivables | 1.1B | 1.1B | 1.1B | 998M | 1.2B | 1.2B | |
Common Stock Total Equity | 3.2M | 3.2M | 3.2M | 3M | 3.5M | 2.2M | |
Property Plant And Equipment Gross | 2.5B | 2.6B | 2.7B | 2.5B | 4.0B | 4.2B | |
Accumulated Other Comprehensive Income | (200.9M) | (99.0M) | (153.1M) | (323M) | (240M) | (228M) | |
Short Term Debt | 547.9M | 280.3M | 237.9M | 222M | 820M | 861M | |
Net Tangible Assets | 4.6B | 4.3B | 485.7M | 4.2B | 4.9B | 2.5B | |
Noncontrolling Interest In Consolidated Entity | 39.7M | 15.6M | 14.8M | 14M | 16.1M | 12.6M | |
Retained Earnings Total Equity | 4.1B | 4.8B | 5.8B | 6.7B | 7.7B | 8.0B | |
Capital Surpluse | 1.4B | 1.4B | 1.5B | 1.5B | 1.7B | 1.3B |
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When running LKQ's price analysis, check to measure LKQ's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy LKQ is operating at the current time. Most of LKQ's value examination focuses on studying past and present price action to predict the probability of LKQ's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move LKQ's price. Additionally, you may evaluate how the addition of LKQ to your portfolios can decrease your overall portfolio volatility.