LKQ Long Term Debt Total vs Total Assets Analysis
LKQ Stock | USD 43.03 1.11 2.65% |
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 Total and its Total Assets 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.
Long Term Debt Total vs Total Assets
Long Term Debt Total vs Total Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of LKQ Corporation Long Term Debt Total account and Total Assets. At this time, the significance of the direction appears to have very strong relationship.
The correlation between LKQ's Long Term Debt Total and Total Assets is 0.86. Overlapping area represents the amount of variation of Long Term Debt Total that can explain the historical movement of Total Assets 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 Total and Total Assets 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 Total of LKQ Corporation are associated (or correlated) with its Total Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Assets has no effect on the direction of Long Term Debt Total i.e., LKQ's Long Term Debt Total and Total Assets go up and down completely randomly.
Correlation Coefficient | 0.86 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Long Term Debt Total
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.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 05/31/2024, 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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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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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.