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 274.6%. Its total assets and total liabilities are $6.6B and $5.3B respectively. Lamar Advertising's EBIT is $673.7M making its interest coverage ratio 3.9. It has cash and short-term investments of $44.6M.
Key information
274.6%
Debt to equity ratio
US$3.34b
Debt
| Interest coverage ratio | 3.9x |
| Cash | US$44.61m |
| Equity | US$1.22b |
| Total liabilities | US$5.35b |
| Total assets | US$6.56b |
Recent financial health updates
No updates
Recent updates
Lamar'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 30
Lamar 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 03Have Lamar Advertising Company (REIT) (NASDAQ:LAMR) Insiders Been Selling Their Stock?
Mar 09Financial Position Analysis
Short Term Liabilities: LAMR's short term assets ($373.2M) do not cover its short term liabilities ($713.9M).
Long Term Liabilities: LAMR's short term assets ($373.2M) do not cover its long term liabilities ($4.6B).
Debt to Equity History and Analysis
Debt Level: LAMR's net debt to equity ratio (270.9%) is considered high.
Reducing Debt: LAMR's debt to equity ratio has increased from 255.2% to 274.6% over the past 5 years.
Debt Coverage: LAMR's debt is well covered by operating cash flow (23.5%).
Interest Coverage: LAMR's interest payments on its debt are well covered by EBIT (3.9x coverage).