Lamar Advertising Balance Sheet Health
Financial Health criteria checks 2/6
Lamar Advertising has a total shareholder equity of $1.2B and total debt of $3.4B, which brings its debt-to-equity ratio to 287.4%. Its total assets and total liabilities are $6.5B and $5.3B respectively. Lamar Advertising's EBIT is $679.2M making its interest coverage ratio 3.9. It has cash and short-term investments of $36.4M.
Key information
287.4%
Debt to equity ratio
US$3.40b
Debt
Interest coverage ratio | 3.9x |
Cash | US$36.41m |
Equity | US$1.18b |
Total liabilities | US$5.34b |
Total assets | US$6.53b |
Recent financial health updates
No updates
Recent updates
Lamar Advertising: A Solid Q1 With Dividend Hikes Likely To Come
May 06Lamar's Tight Expense Control Facilitates Reliable Growth
Mar 04We Ran A Stock Scan For Earnings Growth And Lamar Advertising (NASDAQ:LAMR) Passed With Ease
Dec 30Lamar Advertising pares some declines after bullish mention
Sep 23We Ran A Stock Scan For Earnings Growth And Lamar Advertising (NASDAQ:LAMR) Passed With Ease
Sep 13Lamar Advertising declares $1.20 dividend
Sep 06Lamar Advertising GAAP EPS of $1.32 beats by $0.05, revenue of $517.85M
Aug 03Lamar Advertising: An Even Better Opportunity Than Before
Jun 29Here's Why We Think Lamar Advertising (NASDAQ:LAMR) Is Well Worth Watching
May 09Lamar Advertising: Inflation Hedge And Low Competition
Apr 22Billboard REITs: In Your Face, But Under The Radar
Feb 01Lamar Advertising: Progress Continues
Dec 21Lamar Advertising: Upside Still Exists
Sep 02We Think The Compensation For Lamar Advertising Company (REIT)'s (NASDAQ:LAMR) CEO Looks About Right
May 14Lamar Advertising Q1 Earnings Preview
May 03Financial Position Analysis
Short Term Liabilities: LAMR's short term assets ($376.1M) do not cover its short term liabilities ($992.6M).
Long Term Liabilities: LAMR's short term assets ($376.1M) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: LAMR's net debt to equity ratio (284.3%) is considered high.
Reducing Debt: LAMR's debt to equity ratio has increased from 272.8% to 287.4% over the past 5 years.
Debt Coverage: LAMR's debt is well covered by operating cash flow (23.1%).
Interest Coverage: LAMR's interest payments on its debt are well covered by EBIT (3.9x coverage).