Landstar System Balance Sheet Health
Financial Health criteria checks 6/6
Landstar System has a total shareholder equity of $983.9M and total debt of $61.5M, which brings its debt-to-equity ratio to 6.3%. Its total assets and total liabilities are $1.8B and $817.9M respectively. Landstar System's EBIT is $339.6M making its interest coverage ratio -86.1. It has cash and short-term investments of $540.7M.
Key information
6.3%
Debt to equity ratio
US$61.54m
Debt
| Interest coverage ratio | -86.1x |
| Cash | US$540.70m |
| Equity | US$983.92m |
| Total liabilities | US$817.92m |
| Total assets | US$1.80b |
Recent financial health updates
Here's Why Landstar System (NASDAQ:LSTR) Can Manage Its Debt Responsibly
Jan 27
These 4 Measures Indicate That Landstar System (NASDAQ:LSTR) Is Using Debt Reasonably Well
Sep 21Is Landstar System (NASDAQ:LSTR) A Risky Investment?
Jun 19Is Landstar System (NASDAQ:LSTR) Using Too Much Debt?
Feb 27Is Landstar System (NASDAQ:LSTR) Using Too Much Debt?
Nov 21Is Landstar System (NASDAQ:LSTR) A Risky Investment?
Aug 11Recent updates
Pinning Down Landstar System, Inc.'s (NASDAQ:LSTR) P/E Is Difficult Right Now
Apr 18At US$188, Is Landstar System, Inc. (NASDAQ:LSTR) Worth Looking At Closely?
Apr 03Investors Could Be Concerned With Landstar System's (NASDAQ:LSTR) Returns On Capital
Mar 19Here's Why Landstar System (NASDAQ:LSTR) Can Manage Its Debt Responsibly
Jan 27Landstar System (NASDAQ:LSTR) Has Affirmed Its Dividend Of $2.00
Dec 13Capital Investments At Landstar System (NASDAQ:LSTR) Point To A Promising Future
Nov 27Is There An Opportunity With Landstar System, Inc.'s (NASDAQ:LSTR) 26% Undervaluation?
Oct 19These 4 Measures Indicate That Landstar System (NASDAQ:LSTR) Is Using Debt Reasonably Well
Sep 21Should You Think About Buying Landstar System, Inc. (NASDAQ:LSTR) Now?
Sep 03Why You Should Care About Landstar System's (NASDAQ:LSTR) Strong Returns On Capital
Aug 18Calculating The Intrinsic Value Of Landstar System, Inc. (NASDAQ:LSTR)
Jul 17Is Landstar System (NASDAQ:LSTR) A Risky Investment?
Jun 19Should You Investigate Landstar System, Inc. (NASDAQ:LSTR) At US$178?
May 31We Think Landstar System (NASDAQ:LSTR) Might Have The DNA Of A Multi-Bagger
May 14Estimating The Fair Value Of Landstar System, Inc. (NASDAQ:LSTR)
Apr 12Do Landstar System's (NASDAQ:LSTR) Earnings Warrant Your Attention?
Mar 14Is Landstar System (NASDAQ:LSTR) Using Too Much Debt?
Feb 27When Should You Buy Landstar System, Inc. (NASDAQ:LSTR)?
Feb 02Do Landstar System's (NASDAQ:LSTR) Earnings Warrant Your Attention?
Dec 09Is Landstar System (NASDAQ:LSTR) Using Too Much Debt?
Nov 21Should You Investigate Landstar System, Inc. (NASDAQ:LSTR) At US$153?
Nov 04Are Investors Undervaluing Landstar System, Inc. (NASDAQ:LSTR) By 29%?
Oct 19Landstar System Q3 2022 Earnings Preview
Oct 18I Would Love To Buy Landstar System, Inc.
Sep 16Should You Be Adding Landstar System (NASDAQ:LSTR) To Your Watchlist Today?
Sep 04Is Landstar System (NASDAQ:LSTR) A Risky Investment?
Aug 11Is Now An Opportune Moment To Examine Landstar System, Inc. (NASDAQ:LSTR)?
Jul 27Landstar System Q2 2022 Earnings Preview
Jul 19Landstar System, Inc.'s (NASDAQ:LSTR) Intrinsic Value Is Potentially 52% Above Its Share Price
Jul 12Landstar System: Not Good Enough To Buy Just Yet
Jul 02Here's Why We Think Landstar System (NASDAQ:LSTR) Is Well Worth Watching
May 23Is It Too Late To Consider Buying Landstar System, Inc. (NASDAQ:LSTR)?
Apr 24Short Puts Are The Way To Play Landstar System, Inc.
Apr 17Returns On Capital Are A Standout For Landstar System (NASDAQ:LSTR)
Apr 10Is Landstar System (NASDAQ:LSTR) Using Too Much Debt?
Mar 28Is There An Opportunity With Landstar System, Inc.'s (NASDAQ:LSTR) 28% Undervaluation?
Mar 04Landstar System Valuation Is Stretched
Jan 11Why We Like The Returns At Landstar System (NASDAQ:LSTR)
Jan 09Financial Position Analysis
Short Term Liabilities: LSTR's short term assets ($1.4B) exceed its short term liabilities ($675.2M).
Long Term Liabilities: LSTR's short term assets ($1.4B) exceed its long term liabilities ($142.7M).
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 reduced from 8% to 6.3% over the past 5 years.
Debt Coverage: LSTR's debt is well covered by operating cash flow (639.7%).
Interest Coverage: LSTR earns more interest than it pays, so coverage of interest payments is not a concern.