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Your group is required to undertake a comparative financial analysis of Home Depot (HD) versus Lowes (LOW) using available financial data for the last three
Your group is required to undertake a comparative financial analysis of Home Depot (HD) versus Lowes (LOW) using available financial data for the last three years from any of the following financial websites: Yahoo Finance Financial Modeling Prep You may also access other online resources HD and LOW are unique identifier Tickers for Home Depot and Lowe's. Using some key ratios from the five ratio categories in the attached handout, compare and analyze Home Depot (HD) versus Lowes (LOW) in terms of Solvency.
2021 | 2022 | 2023 | ||
total debt ratio | home depot | .95 | .98 | .98 |
lowes | .97 | .89 | .67 | |
debt equity ratio | home depot | 13.16 | 27.28 | 32.24 |
lowes | 31.52 | 10.27 | 4.07 | |
Equity Multiplier ratio | home depot | 21.39 | 42.38 | 48.94 |
lowes | 32.52 | 9.27 | 3.07 | |
time interest earned ratio | home depot | 12.60 | 16.14 | 13.90 |
lowes | 9.13 | 12.49 | 7.79 | |
Cash Coverage ratio | home depot | 12.61 | 16.14 | 13.90 |
lowes | 9.13 | 12.50 | 7.79 | |
current ratio | home depot | 1.23 | 1.01 | 1.41 |
lowes | 1.19 | 1.02 | 1.10 | |
Quick Ratio | home depot | 0.51 | 0.24 | 0.33 |
lowes | 0.33 | 0.12 | 0.15 | |
Cash Ratio | home depot | 0.34 | 0.08 | 0.12 |
lowes | 0.25 | 0.06 | 0.07 | |
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