Lowe's Financial Summary

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Rising debt liabilities have made increasing financial leverage. Lowe's has relied more on debt financing than low interest rates. In January 2016, the company's debt-to-total-capital ratio was 0.62 which is bigger than 0.53 in 2015 and 0.47 in 2014. Even though Lowe's has had rising financial leverage, it is still more financed by equity than its closest competitor, Home Depot, which had a debt-to-total-capital ratio of 0.77 as of January

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