LKQ Retained Earnings vs Long Term Debt Total Analysis
LKQ Stock | USD 44.61 0.15 0.34% |
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 Retained Earnings and its Long Term Debt Total 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 tightly coupled with the direction of predictive economic indicators such as signals in industry.
Retained Earnings vs Long Term Debt Total
Retained Earnings vs Long Term Debt Total Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LKQ Corporation Retained Earnings account and Long Term Debt Total. At this time, the significance of the direction appears to have strong relationship.
The correlation between LKQ's Retained Earnings and Long Term Debt Total is 0.75. Overlapping area represents the amount of variation of Retained Earnings that can explain the historical movement of Long Term Debt Total 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 Retained Earnings and Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Retained Earnings of LKQ Corporation are associated (or correlated) with its Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt Total has no effect on the direction of Retained Earnings i.e., LKQ's Retained Earnings and Long Term Debt Total go up and down completely randomly.
Correlation Coefficient | 0.75 |
Relationship Direction | Positive |
Relationship Strength | Significant |
Retained Earnings
The cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends.Long Term Debt Total
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 tightly coupled 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 05/21/2024, 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
Click cells to compare fundamentals
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 |
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck 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 tightly coupled with the direction of predictive economic indicators such as signals in industry. You can also try the Equity Analysis module to research over 250,000 global equities including funds, stocks and ETFs to find investment opportunities.
Complementary Tools for LKQ Stock analysis
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.
Analyst Advice Analyst recommendations and target price estimates broken down by several categories | |
USA ETFs Find actively traded Exchange Traded Funds (ETF) in USA | |
Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
Portfolio Holdings Check your current holdings and cash postion to detemine if your portfolio needs rebalancing | |
Bond Analysis Evaluate and analyze corporate bonds as a potential investment for your portfolios. |
Is LKQ's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of LKQ. If investors know LKQ will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about LKQ listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.42) | Dividend Share 1.15 | Earnings Share 3.1 | Revenue Per Share 53.154 | Quarterly Revenue Growth 0.106 |
The market value of LKQ Corporation is measured differently than its book value, which is the value of LKQ that is recorded on the company's balance sheet. Investors also form their own opinion of LKQ's value that differs from its market value or its book value, called intrinsic value, which is LKQ's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because LKQ's market value can be influenced by many factors that don't directly affect LKQ's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between LKQ's value and its price as these two are different measures arrived at by different means. Investors typically determine if LKQ is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, LKQ's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.