Lowe’s Cos. Inc.、合并资产负债表结构：负债和股东权益（季度数据）
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2025年8月1日 |
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2025年5月2日 |
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2025年1月31日 |
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2024年11月1日 |
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2024年8月2日 |
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2024年5月3日 |
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2024年2月2日 |
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2023年11月3日 |
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2023年8月4日 |
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2023年5月5日 |
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2023年2月3日 |
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2022年10月28日 |
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2022年7月29日 |
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2022年4月29日 |
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2022年1月28日 |
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2021年10月29日 |
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2021年7月30日 |
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2021年4月30日 |
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2021年1月29日 |
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2020年10月30日 |
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2020年7月31日 |
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2020年5月1日 |
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2020年1月31日 |
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2019年11月1日 |
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2019年8月2日 |
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2019年5月3日 |
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短期借款 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.16% | |
1.14% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
2.02% | |
2.02% | |
0.00% | |
0.00% | |
0.00% | |
1.93% | |
2.18% | |
4.92% | |
1.60% | |
0.00% | |
0.00% | |
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|
长期债务的当前到期日 |
8.96% | |
9.22% | |
6.00% | |
5.76% | |
2.87% | |
2.85% | |
1.28% | |
1.28% | |
1.33% | |
1.28% | |
1.34% | |
1.30% | |
0.26% | |
0.24% | |
1.94% | |
2.74% | |
2.72% | |
2.61% | |
2.38% | |
1.20% | |
1.18% | |
1.32% | |
1.51% | |
1.44% | |
2.48% | |
2.33% | |
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|
当前经营租赁负债 |
1.15% | |
1.24% | |
1.31% | |
1.11% | |
1.23% | |
1.22% | |
1.17% | |
1.25% | |
1.20% | |
1.14% | |
1.19% | |
1.39% | |
1.40% | |
1.29% | |
1.42% | |
1.16% | |
1.13% | |
1.08% | |
1.16% | |
1.04% | |
1.00% | |
1.10% | |
1.27% | |
1.25% | |
1.21% | |
1.16% | |
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|
应付帐款 |
20.41% | |
24.76% | |
21.55% | |
23.70% | |
23.00% | |
25.87% | |
20.83% | |
23.32% | |
23.21% | |
25.88% | |
24.08% | |
26.08% | |
27.03% | |
27.81% | |
25.43% | |
22.94% | |
24.31% | |
27.27% | |
23.29% | |
25.08% | |
24.95% | |
23.65% | |
19.40% | |
22.19% | |
23.34% | |
26.57% | |
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应计薪酬和员工福利 |
2.36% | |
1.88% | |
2.34% | |
1.85% | |
2.35% | |
1.92% | |
2.28% | |
1.76% | |
2.30% | |
1.67% | |
2.54% | |
2.99% | |
2.63% | |
2.39% | |
3.50% | |
2.74% | |
2.69% | |
2.56% | |
2.89% | |
2.20% | |
2.20% | |
2.14% | |
1.73% | |
1.96% | |
1.76% | |
1.78% | |
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|
递延收入 |
3.34% | |
3.31% | |
3.15% | |
3.04% | |
3.15% | |
3.11% | |
3.37% | |
3.53% | |
3.52% | |
3.58% | |
3.67% | |
3.70% | |
4.21% | |
4.21% | |
4.29% | |
3.96% | |
4.13% | |
3.95% | |
3.44% | |
3.17% | |
3.31% | |
2.64% | |
3.09% | |
3.07% | |
3.25% | |
3.18% | |
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其他流动负债 |
10.17% | |
8.94% | |
9.17% | |
8.01% | |
8.00% | |
8.03% | |
8.32% | |
7.66% | |
8.00% | |
8.12% | |
10.68% | |
9.00% | |
8.06% | |
7.96% | |
7.47% | |
6.62% | |
6.84% | |
7.24% | |
6.92% | |
5.77% | |
6.71% | |
6.94% | |
6.54% | |
6.36% | |
6.87% | |
6.12% | |
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流动负债 |
46.39% |
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49.34% |
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43.52% |
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43.46% |
|
40.61% |
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43.00% |
|
37.25% |
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38.80% |
|
39.56% |
|
41.84% |
|
44.64% |
|
44.44% |
|
43.59% |
|
43.90% |
|
44.06% |
|
42.17% |
|
43.85% |
|
44.71% |
|
40.08% |
|
38.45% |
|
41.28% |
|
39.98% |
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38.46% |
|
37.88% |
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38.91% |
|
41.14% |
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长期债务，不包括当前到期的债务 |
65.53% | |
67.31% | |
76.33% | |
73.54% | |
77.13% | |
76.32% | |
84.66% | |
83.20% | |
80.50% | |
78.10% | |
75.22% | |
70.05% | |
61.56% | |
57.87% | |
53.45% | |
48.34% | |
44.46% | |
42.79% | |
44.22% | |
41.64% | |
39.02% | |
44.07% | |
42.48% | |
41.83% | |
40.64% | |
38.27% | |
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非流动经营租赁负债 |
8.15% | |
8.09% | |
8.42% | |
8.36% | |
8.32% | |
8.29% | |
8.94% | |
8.47% | |
8.11% | |
7.58% | |
8.04% | |
8.62% | |
8.71% | |
8.17% | |
9.01% | |
8.37% | |
7.77% | |
7.67% | |
8.32% | |
7.68% | |
7.46% | |
8.54% | |
9.99% | |
9.91% | |
9.96% | |
9.40% | |
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递延收入、Lowe’s 保护计划 |
2.75% | |
2.79% | |
2.94% | |
2.82% | |
2.80% | |
2.70% | |
2.93% | |
2.89% | |
2.76% | |
2.63% | |
2.75% | |
2.52% | |
2.50% | |
2.29% | |
2.52% | |
2.27% | |
2.22% | |
2.05% | |
2.18% | |
1.98% | |
1.90% | |
2.00% | |
2.26% | |
2.20% | |
2.13% | |
1.94% | |
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其他责任 |
1.63% | |
1.68% | |
1.81% | |
1.81% | |
1.78% | |
1.89% | |
2.23% | |
2.27% | |
2.16% | |
1.89% | |
1.97% | |
1.76% | |
1.71% | |
1.60% | |
1.75% | |
2.04% | |
2.04% | |
1.92% | |
2.12% | |
2.25% | |
1.93% | |
1.66% | |
1.80% | |
1.99% | |
1.87% | |
1.76% | |
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非流动负债 |
78.07% |
|
79.87% |
|
89.50% |
|
86.53% |
|
90.02% |
|
89.20% |
|
98.76% |
|
96.83% |
|
93.53% |
|
90.20% |
|
87.97% |
|
82.95% |
|
74.48% |
|
69.93% |
|
66.73% |
|
61.02% |
|
56.50% |
|
54.42% |
|
56.85% |
|
53.54% |
|
50.30% |
|
56.27% |
|
56.54% |
|
55.94% |
|
54.60% |
|
51.37% |
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负债合计 |
124.46% |
|
129.21% |
|
133.02% |
|
129.99% |
|
130.63% |
|
132.20% |
|
136.01% |
|
135.62% |
|
133.09% |
|
132.04% |
|
132.61% |
|
127.39% |
|
118.07% |
|
113.83% |
|
110.79% |
|
103.19% |
|
100.35% |
|
99.13% |
|
96.93% |
|
91.99% |
|
91.58% |
|
96.26% |
|
95.00% |
|
93.82% |
|
93.51% |
|
92.51% |
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|
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优先股，面值 5 美元;已颁发和未偿付：无 |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
|
|
普通股，面值 0.50 美元 |
0.60% | |
0.62% | |
0.65% | |
0.63% | |
0.63% | |
0.63% | |
0.69% | |
0.68% | |
0.65% | |
0.64% | |
0.69% | |
0.65% | |
0.68% | |
0.66% | |
0.75% | |
0.69% | |
0.71% | |
0.70% | |
0.78% | |
0.74% | |
0.73% | |
0.82% | |
0.97% | |
0.97% | |
0.95% | |
0.92% | |
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|
超过面值的资本 |
0.32% | |
0.03% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.02% | |
0.03% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
0.19% | |
0.00% | |
0.25% | |
0.02% | |
0.00% | |
0.00% | |
0.00% | |
0.00% | |
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留存收益（累计赤字） |
-25.98% | |
-30.49% | |
-34.33% | |
-31.27% | |
-31.92% | |
-33.48% | |
-37.41% | |
-37.03% | |
-34.46% | |
-33.34% | |
-34.00% | |
-28.34% | |
-19.04% | |
-14.82% | |
-11.46% | |
-3.87% | |
-0.93% | |
0.19% | |
2.39% | |
7.75% | |
7.99% | |
3.76% | |
4.38% | |
5.63% | |
5.99% | |
7.16% | |
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|
累计其他综合收益（亏损） |
0.60% | |
0.63% | |
0.67% | |
0.65% | |
0.66% | |
0.65% | |
0.72% | |
0.71% | |
0.69% | |
0.66% | |
0.70% | |
0.30% | |
0.29% | |
0.33% | |
-0.08% | |
-0.01% | |
-0.13% | |
-0.02% | |
-0.29% | |
-0.48% | |
-0.55% | |
-0.86% | |
-0.34% | |
-0.41% | |
-0.46% | |
-0.59% | |
|
|
股东权益（赤字） |
-24.46% |
|
-29.21% |
|
-33.02% |
|
-29.99% |
|
-30.63% |
|
-32.20% |
|
-36.01% |
|
-35.62% |
|
-33.09% |
|
-32.04% |
|
-32.61% |
|
-27.39% |
|
-18.07% |
|
-13.83% |
|
-10.79% |
|
-3.19% |
|
-0.35% |
|
0.87% |
|
3.07% |
|
8.01% |
|
8.42% |
|
3.74% |
|
5.00% |
|
6.18% |
|
6.49% |
|
7.49% |
|
|
|
负债总额和股东权益（赤字） |
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
100.00% |
|
根据报告：
10-Q (报告日期： 2025-08-01), 10-Q (报告日期： 2025-05-02), 10-K (报告日期： 2025-01-31), 10-Q (报告日期： 2024-11-01), 10-Q (报告日期： 2024-08-02), 10-Q (报告日期： 2024-05-03), 10-K (报告日期： 2024-02-02), 10-Q (报告日期： 2023-11-03), 10-Q (报告日期： 2023-08-04), 10-Q (报告日期： 2023-05-05), 10-K (报告日期： 2023-02-03), 10-Q (报告日期： 2022-10-28), 10-Q (报告日期： 2022-07-29), 10-Q (报告日期： 2022-04-29), 10-K (报告日期： 2022-01-28), 10-Q (报告日期： 2021-10-29), 10-Q (报告日期： 2021-07-30), 10-Q (报告日期： 2021-04-30), 10-K (报告日期： 2021-01-29), 10-Q (报告日期： 2020-10-30), 10-Q (报告日期： 2020-07-31), 10-Q (报告日期： 2020-05-01), 10-K (报告日期： 2020-01-31), 10-Q (报告日期： 2019-11-01), 10-Q (报告日期： 2019-08-02), 10-Q (报告日期： 2019-05-03).
从整体趋势来看，该公司的财务结构表现出较强的债务依赖性，长期债务在总负债中的比例持续上升，尤其是在2020年第三季度后，逐步达到较高水平。这意味着公司倾向于利用长期负债进行融资，而短期借款比例相对较低，并呈现出波动下降的趋势，反映出较为稳定的短期偿债策略。
在流动负债方面，其在总负债和权益中的比重大幅波动，尤其在2021年和2022年间，流动负债占比一度升至44%以上，随后逐步回落至30%左右。这可能指示公司在不同财务周期中调整短期负债结构，以应对营运资金需求的变化，但总体保持在较高水平，显示出一定的短期偿债压力。
其他流动负债所占比例整体呈现逐渐上升的趋势，尤其在2022年后增幅明显，可能反映出公司在经济压力下增加了短期负债的负担。而非流动负债的比例则持续上升，从2019年的约51%上升至2024年接近90%，显示公司大量依赖长期负债融资，增加了资本结构的杠杆程度。尤其值得注意的是，非流动负债中的长期债务（不包括当前到期债务）相应增强，达到了较高比例，显示出公司债务期限结构偏长。
关于权益部分，留存收益（累计赤字）呈现逐步恶化的趋势，从2019年的正值逐渐下降至2024年后出现较大负值，反映公司累计亏损持续扩大，导致股东权益逐年下滑，甚至出现债务净值超过权益的情况。这表明公司财务健康面临压力，盈利能力可能受到挑战或经营亏损不断累积。
整体来看，公司在财务杠杆方面表现出显著增强的趋势，债务占比逐渐增加，特别是长期债务比例显著提高，而股东权益不断恶化，累计亏损扩大。这些变化提示公司在扩张或运营策略中依赖大量债务融资，虽可能带来资金周转的便利，但也增加了财务风险，并对未来盈利和偿债能力构成压力。应持续关注公司债务结构的合理性和盈利改善措施。
