Landstar System Balance Sheet Health
Financial Health criteria checks 5/6
Landstar System has a total shareholder equity of $935.7M and total debt of $66.2M, which brings its debt-to-equity ratio to 7.1%. Its total assets and total liabilities are $1.8B and $902.2M respectively. Landstar System's EBIT is $505.6M making its interest coverage ratio 285.5. It has cash and short-term investments of $388.2M.
Key information
7.1%
Debt to equity ratio
US$66.20m
Debt
Interest coverage ratio | 285.5x |
Cash | US$388.16m |
Equity | US$935.65m |
Total liabilities | US$902.21m |
Total assets | US$1.84b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LSTR *'s short term assets ($1.4B) exceed its short term liabilities ($741.3M).
Long Term Liabilities: LSTR *'s short term assets ($1.4B) exceed its long term liabilities ($160.9M).
Debt to Equity History and Analysis
Debt Level: LSTR * has more cash than its total debt.
Reducing Debt: LSTR *'s debt to equity ratio has increased from 5.2% to 7.1% over the past 5 years.
Debt Coverage: LSTR *'s debt is well covered by operating cash flow (1007.2%).
Interest Coverage: LSTR *'s interest payments on its debt are well covered by EBIT (285.5x coverage).