LKQ Interest Income from 2010 to 2024
LKQ Stock | USD 37.98 0.39 1.02% |
Interest Income | First Reported 2010-12-31 | Previous Quarter 44 M | Current Value 25.7 M | Quarterly Volatility 20.5 M |
Check LKQ financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among LKQ's main balance sheet or income statement drivers, such as Interest Expense of 151.4 M, Total Revenue of 14.6 B or Gross Profit of 5.9 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0125 or PTB Ratio of 1.96. LKQ financial statements analysis is a perfect complement when working with LKQ Valuation or Volatility modules.
LKQ | Interest Income |
Latest LKQ's Interest Income Growth Pattern
Below is the plot of the Interest Income of LKQ Corporation over the last few years. It is income earned from the investment of cash or from lending money to others, including interest from bank accounts, bonds, or other interest-bearing investments. LKQ's Interest Income historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in LKQ's overall financial position and show how it may be relating to other accounts over time.
Interest Income | 10 Years Trend |
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Interest Income |
Timeline |
LKQ Interest Income Regression Statistics
Arithmetic Mean | 34,242,397 | |
Geometric Mean | 25,646,014 | |
Coefficient Of Variation | 59.83 | |
Mean Deviation | 18,384,696 | |
Median | 32,755,000 | |
Standard Deviation | 20,486,986 | |
Sample Variance | 419.7T | |
Range | 53.4M | |
R-Value | (0.61) | |
Mean Square Error | 283.5T | |
R-Squared | 0.37 | |
Significance | 0.02 | |
Slope | (2,797,298) | |
Total Sum of Squares | 5876T |
LKQ Interest Income History
Other Fundumenentals of LKQ Corporation
LKQ Interest Income component correlations
Click cells to compare fundamentals
About LKQ Financial Statements
LKQ shareholders use historical fundamental indicators, such as Interest Income, to determine how well the company is positioned to perform in the future. Although LKQ investors may analyze each financial statement separately, they are all interrelated. The changes in LKQ's assets and liabilities, for example, are also reflected in the revenues and expenses on on LKQ's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last Reported | Projected for Next Year | ||
Interest Income | 44 M | 25.7 M | |
Net Interest Income | -170 M | -161.5 M |
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 against LKQ Stock
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.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.