LKQ Total Assets vs Total Stockholder Equity Analysis

LKQ Stock  USD 44.67  0.52  1.18%   
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 Total Assets and its Total Stockholder Equity 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.

Total Assets vs Total Stockholder Equity

Total Assets vs Total Stockholder Equity Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LKQ Corporation Total Assets account and Total Stockholder Equity. At this time, the significance of the direction appears to have totally related.
The correlation between LKQ's Total Assets and Total Stockholder Equity is 0.99. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Total Stockholder Equity 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 Total Assets and Total Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of LKQ Corporation are associated (or correlated) with its Total Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Stockholder Equity has no effect on the direction of Total Assets i.e., LKQ's Total Assets and Total Stockholder Equity go up and down completely randomly.

Correlation Coefficient

0.99
Relationship DirectionPositive 
Relationship StrengthVery Strong

Total Assets

Total assets refers to the total amount of LKQ assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in LKQ Corporation books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
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 05/17/2024, 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 Revenue13.1B12.8B13.9B14.6B
Interest Expense72.1M78M214M151.4M

LKQ fundamental ratios Correlations

0.390.440.360.10.240.360.360.230.250.430.35-0.430.150.490.430.390.410.460.140.350.350.470.230.830.36
0.390.990.990.560.970.970.990.950.960.761.0-0.910.350.90.760.980.990.980.92-0.471.00.980.590.570.81
0.440.990.950.580.940.960.960.950.950.730.99-0.870.40.870.730.970.960.970.91-0.450.970.970.550.620.84
0.360.990.950.520.950.961.00.910.930.80.98-0.940.310.930.80.971.00.970.91-0.421.00.980.610.530.76
0.10.560.580.520.530.570.510.630.560.560.56-0.470.360.370.560.470.530.520.57-0.480.540.530.140.310.52
0.240.970.940.950.530.890.960.980.990.630.98-0.840.270.810.630.970.930.930.92-0.650.970.910.620.430.75
0.360.970.960.960.570.890.950.880.890.820.95-0.940.420.90.820.930.970.960.92-0.350.960.960.590.520.82
0.360.990.961.00.510.960.950.910.940.780.98-0.940.310.930.780.970.990.970.91-0.431.00.970.610.530.77
0.230.950.950.910.630.980.880.910.990.590.96-0.780.30.760.590.950.890.910.92-0.70.940.890.560.440.8
0.250.960.950.930.560.990.890.940.990.610.97-0.830.230.810.610.970.920.940.91-0.670.960.920.610.440.78
0.430.760.730.80.560.630.820.780.590.610.72-0.820.320.811.00.660.830.780.690.00.770.820.340.620.6
0.351.00.990.980.560.980.950.980.960.970.72-0.890.380.860.720.980.970.960.94-0.520.990.960.610.520.82
-0.43-0.91-0.87-0.94-0.47-0.84-0.94-0.94-0.78-0.83-0.82-0.89-0.35-0.95-0.82-0.88-0.95-0.91-0.780.24-0.93-0.93-0.65-0.53-0.64
0.150.350.40.310.360.270.420.310.30.230.320.38-0.350.210.320.320.330.270.350.050.320.290.150.240.26
0.490.90.870.930.370.810.90.930.760.810.810.86-0.950.210.810.880.950.940.74-0.170.920.960.540.620.66
0.430.760.730.80.560.630.820.780.590.611.00.72-0.820.320.810.660.830.780.690.00.770.820.340.620.6
0.390.980.970.970.470.970.930.970.950.970.660.98-0.880.320.880.660.960.970.9-0.50.980.950.620.520.78
0.410.990.961.00.530.930.970.990.890.920.830.97-0.950.330.950.830.960.980.9-0.360.990.990.590.570.78
0.460.980.970.970.520.930.960.970.910.940.780.96-0.910.270.940.780.970.980.88-0.390.980.990.550.630.78
0.140.920.910.910.570.920.920.910.920.910.690.94-0.780.350.740.690.90.90.88-0.570.920.860.610.320.85
0.35-0.47-0.45-0.42-0.48-0.65-0.35-0.43-0.7-0.670.0-0.520.240.05-0.170.0-0.5-0.36-0.39-0.57-0.47-0.34-0.360.15-0.38
0.351.00.971.00.540.970.961.00.940.960.770.99-0.930.320.920.770.980.990.980.92-0.470.980.610.530.79
0.470.980.970.980.530.910.960.970.890.920.820.96-0.930.290.960.820.950.990.990.86-0.340.980.540.640.78
0.230.590.550.610.140.620.590.610.560.610.340.61-0.650.150.540.340.620.590.550.61-0.360.610.540.010.41
0.830.570.620.530.310.430.520.530.440.440.620.52-0.530.240.620.620.520.570.630.320.150.530.640.010.51
0.360.810.840.760.520.750.820.770.80.780.60.82-0.640.260.660.60.780.780.780.85-0.380.790.780.410.51
Click cells to compare fundamentals

LKQ Account Relationship Matchups

LKQ fundamental ratios Accounts

201920202021202220232024 (projected)
Common Stock Shares Outstanding311.0M305.0M297.7M278M268.3M270.1M
Total Assets12.8B12.4B12.6B12.0B15.1B15.8B
Total Stockholder Equity5.0B5.7B5.8B5.5B6.2B6.5B
Liabilities And Stockholders Equity12.8B12.4B12.6B12.0B15.1B15.8B
Short Long Term Debt Total5.4B4.3B4.2B3.9B5.6B5.9B
Other Current Liab218.9M232.2M219.3M430M149M107.7M
Total Current Liabilities2.2B2.0B2.2B2.3B3.3B3.5B
Other Liab652.5M666.1M643.7M563M647.5M679.8M
Net Debt4.9B4.0B4.0B3.7B5.3B5.6B
Retained Earnings4.1B4.8B5.8B6.7B7.3B7.7B
Accounts Payable942.8M932.4M1.2B1.3B1.6B1.7B
Cash523.0M312.2M274.1M278M299M161.2M
Non Current Assets Total8.1B8.3B8.4B7.8B10.2B10.7B
Non Currrent Assets Other(157.0M)(127.8M)(54.3M)(76M)(161M)(153.0M)
Other Assets149.8M1.7B225.0M204M234.6M153.0M
Long Term Debt3.7B2.8B2.8B2.6B3.7B3.8B
Cash And Short Term Investments523.0M312.2M274.1M278M299M161.2M
Good Will4.4B4.6B4.5B4.3B5.6B6.9B
Non Current Liabilities Total5.6B4.7B4.7B4.3B5.6B5.9B
Inventory2.8B2.4B2.6B2.8B3.1B3.3B
Other Current Assets260.9M233.9M296.9M230M283M297.2M
Other Stockholder Equity1.1B975.5M128.1M(883M)(886M)(841.7M)
Total Liab7.7B6.7B6.8B6.5B8.9B9.3B
Total Current Assets4.7B4.0B4.3B4.3B4.9B5.1B
Intangible Assets850.3M814.2M746.1M653M1.3B1.4B
Common Stock3.2M3.2M3.2M3M3.5M2.2M
Property Plant Equipment1.2B1.2B2.7B1.2B1.4B1.5B
Property Plant And Equipment Net2.5B2.6B2.7B2.5B2.9B3.0B
Current Deferred Revenue468.9M543.6M532.2M280M701M736.1M
Net Receivables1.1B1.1B1.1B998M1.2B1.2B
Common Stock Total Equity3.2M3.2M3.2M3M3.5M2.2M
Property Plant And Equipment Gross2.5B2.6B2.7B2.5B4.0B4.2B
Accumulated Other Comprehensive Income(200.9M)(99.0M)(153.1M)(323M)(240M)(228M)
Short Term Debt547.9M280.3M237.9M222M820M861M
Net Tangible Assets4.6B4.3B485.7M4.2B4.9B2.5B
Noncontrolling Interest In Consolidated Entity39.7M15.6M14.8M14M16.1M12.6M
Retained Earnings Total Equity4.1B4.8B5.8B6.7B7.7B8.0B
Capital Surpluse1.4B1.4B1.5B1.5B1.7B1.3B

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When determining whether LKQ Corporation is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if LKQ Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Lkq Corporation Stock. Highlighted below are key reports to facilitate an investment decision about Lkq Corporation Stock:
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.
You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.

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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.
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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.