LKQ Historical Cash Flow

LKQ Stock  USD 36.88  0.88  2.44%   
Analysis of LKQ cash flow over time is an excellent tool to project LKQ Corporation future capital expenditures as well as to predict the amount of cash needed to cover cost of sales, R&D expenses or production expansions. Investors should almost always look for trends in cash flow indicators such as Depreciation of 334.9 M or Capital Expenditures of 375.9 M as it is a great indicator of LKQ ability to facilitate future growth, repay debt on time or pay out dividends.
 
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Financial Statement Analysis is much more than just reviewing and examining LKQ Corporation latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether LKQ Corporation is a good buy for the upcoming year.
  
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 closely tied with the direction of predictive economic indicators such as signals in industry.

About LKQ Cash Flow Analysis

The Cash Flow Statement is a financial statement that shows how changes in LKQ balance sheet and income statement accounts affect cash and cash equivalents. It breaks the analysis down to operating, investing, and financing activities. One of the most critical aspects of the cash flow statement is liquidity, which is the degree to which LKQ's non-liquid assets can be easily converted into cash.

LKQ Cash Flow Chart

At this time, LKQ's Change To Liabilities is relatively stable compared to the past year. As of 12/22/2024, Change To Inventory is likely to grow to about 74.5 M, though Other Non Cash Items is likely to grow to (29.4 M).

Depreciation

Depreciation indicates how much of LKQ Corporation value has been used up. For tax purposes LKQ can deduct the cost of the tangible assets it purchases as business expenses. However, LKQ Corporation must depreciate these assets in accordance with IRS rules about how and when the deduction may be taken, and how long it will last. The systematic allocation of the cost of a tangible asset over its useful life.

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in LKQ Corporation financial statement analysis. It represents the amount of money remaining after all of LKQ Corporation operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Change Receivables

The difference in the amount of accounts receivable from one accounting period to the next. A positive number indicates an increase in receivables, while a negative number indicates a decrease.
Most accounts from LKQ's cash flow statement are interrelated and interconnected. However, analyzing cash flow statement accounts 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 cash flow statement accounts, 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 closely tied with the direction of predictive economic indicators such as signals in industry.
At this time, LKQ's Change To Liabilities is relatively stable compared to the past year. As of 12/22/2024, Change To Inventory is likely to grow to about 74.5 M, though Other Non Cash Items is likely to grow to (29.4 M).

LKQ cash flow statement Correlations

-0.27-0.490.040.280.14-0.120.3-0.01-0.370.27-0.080.07-0.41-0.020.660.47-0.180.690.410.030.08
-0.270.650.86-0.230.770.880.630.770.8-0.470.66-0.560.320.4-0.2-0.58-0.13-0.570.3-0.470.24
-0.490.650.34-0.080.160.240.270.190.59-0.260.24-0.090.83-0.02-0.57-0.770.24-0.630.11-0.220.16
0.040.860.340.090.910.810.820.790.77-0.230.46-0.390.190.490.11-0.34-0.35-0.310.49-0.480.05
0.28-0.23-0.080.090.03-0.430.29-0.170.090.78-0.630.540.30.110.240.24-0.180.01-0.070.14-0.28
0.140.770.160.910.030.840.620.780.51-0.380.64-0.320.060.520.2-0.14-0.4-0.130.44-0.70.22
-0.120.880.240.81-0.430.840.510.840.57-0.60.81-0.71-0.120.460.04-0.3-0.23-0.350.28-0.510.27
0.30.630.270.820.290.620.510.640.770.180.11-0.370.110.410.22-0.31-0.21-0.20.46-0.070.0
-0.010.770.190.79-0.170.780.840.640.62-0.330.56-0.47-0.040.79-0.01-0.24-0.2-0.250.2-0.360.08
-0.370.80.590.770.090.510.570.770.62-0.010.16-0.410.390.39-0.23-0.62-0.09-0.650.19-0.09-0.05
0.27-0.47-0.26-0.230.78-0.38-0.60.18-0.33-0.01-0.860.28-0.05-0.020.240.23-0.050.04-0.290.68-0.33
-0.080.660.240.46-0.630.640.810.110.560.16-0.86-0.51-0.090.19-0.12-0.24-0.08-0.140.24-0.730.56
0.07-0.56-0.09-0.390.54-0.32-0.71-0.37-0.47-0.410.28-0.510.45-0.14-0.080.190.120.380.03-0.1-0.38
-0.410.320.830.190.30.06-0.120.11-0.040.39-0.05-0.090.45-0.06-0.52-0.540.17-0.40.13-0.28-0.08
-0.020.4-0.020.490.110.520.460.410.790.39-0.020.19-0.14-0.060.010.05-0.1-0.11-0.03-0.12-0.1
0.66-0.2-0.570.110.240.20.040.22-0.01-0.230.24-0.12-0.08-0.520.010.390.020.370.280.09-0.31
0.47-0.58-0.77-0.340.24-0.14-0.3-0.31-0.24-0.620.23-0.240.19-0.540.050.39-0.370.53-0.240.150.05
-0.18-0.130.24-0.35-0.18-0.4-0.23-0.21-0.2-0.09-0.05-0.080.120.17-0.10.02-0.37-0.24-0.210.23-0.23
0.69-0.57-0.63-0.310.01-0.13-0.35-0.2-0.25-0.650.04-0.140.38-0.4-0.110.370.53-0.240.45-0.05-0.02
0.410.30.110.49-0.070.440.280.460.20.19-0.290.240.030.13-0.030.28-0.24-0.210.45-0.4-0.1
0.03-0.47-0.22-0.480.14-0.7-0.51-0.07-0.36-0.090.68-0.73-0.1-0.28-0.120.090.150.23-0.05-0.4-0.38
0.080.240.160.05-0.280.220.270.00.08-0.05-0.330.56-0.38-0.08-0.1-0.310.05-0.23-0.02-0.1-0.38
Click cells to compare fundamentals

LKQ Account Relationship Matchups

LKQ cash flow statement Accounts

201920202021202220232024 (projected)
Change In Cash191.1M(222.7M)(38.0M)4M21M13.6M
Free Cash Flow798.3M1.3B1.1B1.0B998M1.0B
Change In Working Capital97.9M496.7M(2.7M)(35M)77M80.9M
Other Cashflows From Financing Activities(8.3M)(29.6M)(120.7M)1.6B(63M)(59.9M)
Depreciation314.4M299.5M284.0M264M319M335.0M
Other Non Cash Items71.8M12.0M(13.0M)(173M)(31M)(29.5M)
Capital Expenditures265.7M172.7M293.5M222M358M375.9M
Total Cash From Operating Activities1.1B1.4B1.4B1.3B1.4B1.4B
Net Income545.0M640.4M1.1B1.2B938M984.9M
Total Cash From Financing Activities(600.7M)(1.5B)(985.1M)(1.4B)1.1B1.2B
End Period Cash Flow528.4M312.2M274.1M278M299M155.5M
Stock Based Compensation27.7M29M33.7M38M40M27.5M
Begin Period Cash Flow337.3M534.9M312.2M274M278M148.8M
Change To Netincome106.7M(4.1M)(6.4M)(129M)(148.4M)(140.9M)
Change To Liabilities29.5M29.1M283.2M302M347.3M364.7M
Sale Purchase Of Stock(291.8M)(117M)(876.8M)(1.0B)(38M)(39.9M)
Change To Inventory15.5M433.1M(234.5M)(342M)71M74.6M
Change To Account Receivables26.4M93.6M(16.2M)(16M)5M5.3M
Other Cashflows From Investing Activities8.5M16.8M(21.0M)394M(18M)(17.1M)
Change Receivables26.4M(93.6M)16.2M(16M)(18.4M)(17.5M)
Net Borrowings(281.4M)(1.4B)85.3M(48M)(43.2M)(41.0M)
Total Cashflows From Investing Activities(264.9M)(165.9M)(418.8M)172M197.8M207.7M
Exchange Rate Changes(904K)11.9M(1.2M)(24M)(21.6M)(20.5M)
Cash And Cash Equivalents Changes197.6M(3.1B)(2.8B)4M3.6M3.8M
Cash Flows Other Operating26.6M(2.3M)(29.9M)21M24.2M25.4M
Investments(7.6M)(7.7M)(418.8M)172M(2.5B)(2.3B)
Change To Operating Activities26.6M(856K)29.9M21M24.2M25.4M

Pair Trading with LKQ

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if LKQ position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in LKQ will appreciate offsetting losses from the drop in the long position's value.

Moving together with LKQ Stock

  0.76AN AutoNationPairCorr

Moving against LKQ Stock

  0.34EVGO Evgo IncPairCorr
The ability to find closely correlated positions to LKQ could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace LKQ when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back LKQ - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling LKQ Corporation to buy it.
The correlation of LKQ is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as LKQ moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if LKQ Corporation moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for LKQ can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional 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.