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 $3.3B, which brings its debt-to-equity ratio to 279.5%. Its total assets and total liabilities are $6.6B and $5.4B respectively. Lamar Advertising's EBIT is $687.1M making its interest coverage ratio 3.9. It has cash and short-term investments of $77.9M.
Key information
279.5%
Debt to equity ratio
US$3.35b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$77.93m |
| Equity | US$1.20b |
| Total liabilities | US$5.38b |
| Total assets | US$6.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LAMR *'s short term assets ($440.7M) do not cover its short term liabilities ($1.1B).
Long Term Liabilities: LAMR *'s short term assets ($440.7M) do not cover its long term liabilities ($4.3B).
Debt to Equity History and Analysis
Debt Level: LAMR *'s net debt to equity ratio (273%) is considered high.
Reducing Debt: LAMR *'s debt to equity ratio has increased from 260.9% to 279.5% over the past 5 years.
Debt Coverage: LAMR *'s debt is well covered by operating cash flow (25.2%).
Interest Coverage: LAMR *'s interest payments on its debt are well covered by EBIT (3.9x coverage).