Landstar System Balance Sheet Health
Financial Health criteria checks 6/6
Landstar System has a total shareholder equity of $1.0B and total debt of $50.7M, which brings its debt-to-equity ratio to 5%. Its total assets and total liabilities are $1.8B and $741.3M respectively. Landstar System's EBIT is $263.8M making its interest coverage ratio -41.7. It has cash and short-term investments of $531.3M.
Key information
5.0%
Debt to equity ratio
US$50.75m
Debt
| Interest coverage ratio | -41.7x |
| Cash | US$531.28m |
| Equity | US$1.02b |
| Total liabilities | US$741.34m |
| Total assets | US$1.76b |
Recent financial health updates
Landstar System (NASDAQ:LSTR) Has A Pretty Healthy Balance Sheet
Sep 30
Is Landstar System (NASDAQ:LSTR) A Risky Investment?
Jun 17Here's Why Landstar System (NASDAQ:LSTR) Can Manage Its Debt Responsibly
Jan 27Recent updates
Landstar System (NASDAQ:LSTR) Is Due To Pay A Dividend Of $2.00
Dec 14Landstar: A Sparkling Logistic Company And A Value Opportunity
Nov 29Is There An Opportunity With Landstar System, Inc.'s (NASDAQ:LSTR) 24% Undervaluation?
Nov 21Landstar System (NASDAQ:LSTR) Could Be Struggling To Allocate Capital
Oct 29Landstar System (NASDAQ:LSTR) Has A Pretty Healthy Balance Sheet
Sep 30Why Investors Shouldn't Be Surprised By Landstar System, Inc.'s (NASDAQ:LSTR) P/E
Sep 17Is Now The Time To Look At Buying Landstar System, Inc. (NASDAQ:LSTR)?
Jul 30Is Landstar System, Inc. (NASDAQ:LSTR) Trading At A 27% Discount?
Jul 17Investors Could Be Concerned With Landstar System's (NASDAQ:LSTR) Returns On Capital
Jul 04Landstar System Navigates Challenges With Strategic Growth Initiatives
Jul 02Is Landstar System (NASDAQ:LSTR) A Risky Investment?
Jun 17Pinning 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 Q3 2022 Earnings Preview
Oct 18I Would Love To Buy Landstar System, Inc.
Sep 16Financial Position Analysis
Short Term Liabilities: LSTR's short term assets ($1.3B) exceed its short term liabilities ($592.7M).
Long Term Liabilities: LSTR's short term assets ($1.3B) exceed its long term liabilities ($148.7M).
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 5.9% to 5% over the past 5 years.
Debt Coverage: LSTR's debt is well covered by operating cash flow (621.3%).
Interest Coverage: LSTR earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/20 00:21 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/28 |
| Annual Earnings | 2023/12/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Landstar System, Inc. is covered by 34 analysts. 13 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Garrett Holland | Baird |
| Christopher Kuhn | Benchmark Company |
| Matthew Brooklier | Buckingham Research Group Inc. |