Landstar Enterprise Value vs Income Tax Expense Analysis

LSTR Stock

USD 176.25 2.66 1.49%

Landstar System financial indicator trend analysis is infinitely more than just investigating Landstar System recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Landstar System is a good investment. Please check the relationship between Landstar System Enterprise Value and its Income Tax Expense accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landstar System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.

Enterprise Value vs Income Tax Expense

Enterprise Value vs Income Tax Expense Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Landstar System Enterprise Value account and Income Tax Expense. At this time, the significance of the direction appears to have strong contrarian relationship.

The correlation between Landstar System's Enterprise Value and Income Tax Expense is -0.54. Overlapping area represents the amount of variation of Enterprise Value that can explain the historical movement of Income Tax Expense in the same time period over historical financial statements of Landstar System, assuming nothing else is changed. The correlation between historical values of Landstar System's Enterprise Value and Income Tax Expense is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Enterprise Value of Landstar System are associated (or correlated) with its Income Tax Expense. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Income Tax Expense has no effect on the direction of Enterprise Value i.e., Landstar System's Enterprise Value and Income Tax Expense go up and down completely randomly.

Correlation Coefficient

-0.54

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Enterprise Value

Enterprise Value (or EV) is usually referred to as Landstar System theoretical takeover price. In the event of an acquisition, an acquirer would have to take on Landstar System debt, but would also pocket its cash. Enterprise Value is more accurate representation of Landstar System value than its market capitalization because it takes into account all of Landstar System existing debt. A measure of a company's total value, often used as a more comprehensive alternative to equity market capitalization that includes the market capitalization, plus total debt, minority interest and preferred shares, minus total cash and cash equivalents.

Income Tax Expense

Most indicators from Landstar System's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Landstar System current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landstar System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.As of 04/16/2024, Tax Provision is likely to grow to about 96.3 M, though Selling General Administrative is likely to grow to (238.3 M).

	2021	2022	2023	2024 (projected)
Gross Profit	866.1M	960.2M	1.2B	1.2B
Total Revenue	6.5B	7.4B	5.3B	3.0B

Gross Profit Total Revenue

Landstar System fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Common Stock	Good Will	Common Stock Total Equity
Total Assets		0.78	0.69	0.97	0.78	0.93	-0.38	0.78	0.88	0.56	0.98	0.27	0.57	0.96	-0.76	0.57	-0.58	0.52	-0.82	0.97	0.86	0.95	0.15	0.64	-0.32	0.64
Short Long Term Debt Total	0.78		0.47	0.78	0.58	0.82	0.0	0.6	0.76	0.27	0.85	0.52	0.3	0.83	-0.82	0.87	-0.75	0.39	-0.63	0.83	0.68	0.86	0.16	0.78	-0.33	0.7
Other Current Liab	0.69	0.47		0.77	0.49	0.56	-0.23	0.51	0.64	0.34	0.63	0.27	0.34	0.74	-0.45	0.28	-0.32	0.21	-0.54	0.76	0.64	0.66	0.05	0.35	-0.2	0.34
Total Current Liabilities	0.97	0.78	0.77		0.72	0.86	-0.29	0.72	0.91	0.47	0.93	0.34	0.48	0.99	-0.66	0.51	-0.48	0.44	-0.76	1.0	0.85	0.95	0.17	0.54	-0.23	0.52
Total Stockholder Equity	0.78	0.58	0.49	0.72		0.72	-0.79	0.99	0.88	0.92	0.75	-0.1	0.93	0.71	-0.66	0.45	-0.56	0.47	-0.97	0.72	0.97	0.7	0.12	0.48	-0.32	0.52
Property Plant And Equipment Net	0.93	0.82	0.56	0.86	0.72		-0.31	0.72	0.76	0.5	0.97	0.34	0.53	0.85	-0.8	0.63	-0.63	0.41	-0.76	0.87	0.76	0.93	-0.04	0.7	-0.52	0.67
Net Debt	-0.38	0.0	-0.23	-0.29	-0.79	-0.31		-0.78	-0.47	-0.96	-0.31	0.51	-0.95	-0.24	0.29	0.0	0.22	-0.37	0.74	-0.27	-0.67	-0.21	-0.07	-0.11	0.18	-0.21
Retained Earnings	0.78	0.6	0.51	0.72	0.99	0.72	-0.78		0.88	0.91	0.75	-0.13	0.92	0.71	-0.69	0.5	-0.59	0.52	-0.99	0.73	0.96	0.7	0.17	0.51	-0.3	0.55
Accounts Payable	0.88	0.76	0.64	0.91	0.88	0.76	-0.47	0.88		0.66	0.84	0.12	0.67	0.92	-0.63	0.51	-0.49	0.41	-0.89	0.91	0.96	0.88	0.18	0.46	-0.2	0.46
Cash	0.56	0.27	0.34	0.47	0.92	0.5	-0.96	0.91	0.66		0.51	-0.36	1.0	0.44	-0.49	0.23	-0.41	0.45	-0.88	0.47	0.83	0.42	0.11	0.3	-0.25	0.38
Non Current Assets Total	0.98	0.85	0.63	0.93	0.75	0.97	-0.31	0.75	0.84	0.51		0.37	0.53	0.93	-0.83	0.66	-0.66	0.51	-0.79	0.95	0.82	0.96	0.11	0.72	-0.4	0.7
Non Currrent Assets Other	0.27	0.52	0.27	0.34	-0.1	0.34	0.51	-0.13	0.12	-0.36	0.37		-0.36	0.37	-0.32	0.38	-0.32	0.01	0.1	0.36	0.03	0.42	-0.08	0.4	-0.26	0.31
Cash And Short Term Investments	0.57	0.3	0.34	0.48	0.93	0.53	-0.95	0.92	0.67	1.0	0.53	-0.36		0.45	-0.53	0.29	-0.46	0.45	-0.9	0.48	0.83	0.43	0.1	0.35	-0.29	0.42
Net Receivables	0.96	0.83	0.74	0.99	0.71	0.85	-0.24	0.71	0.92	0.44	0.93	0.37	0.45		-0.68	0.55	-0.51	0.43	-0.75	0.99	0.85	0.96	0.18	0.56	-0.23	0.54
Common Stock Shares Outstanding	-0.76	-0.82	-0.45	-0.66	-0.66	-0.8	0.29	-0.69	-0.63	-0.49	-0.83	-0.32	-0.53	-0.68		-0.9	0.96	-0.69	0.74	-0.73	-0.68	-0.69	-0.21	-0.97	0.46	-0.97
Non Current Liabilities Total	0.57	0.87	0.28	0.51	0.45	0.63	0.0	0.5	0.51	0.23	0.66	0.38	0.29	0.55	-0.9		-0.92	0.55	-0.55	0.6	0.5	0.57	0.29	0.92	-0.3	0.87
Inventory	-0.58	-0.75	-0.32	-0.48	-0.56	-0.63	0.22	-0.59	-0.49	-0.41	-0.66	-0.32	-0.46	-0.51	0.96	-0.92		-0.67	0.62	-0.56	-0.56	-0.52	-0.23	-0.97	0.42	-0.96
Other Current Assets	0.52	0.39	0.21	0.44	0.47	0.41	-0.37	0.52	0.41	0.45	0.51	0.01	0.45	0.43	-0.69	0.55	-0.67		-0.57	0.48	0.47	0.36	0.44	0.67	-0.09	0.72
Other Stockholder Equity	-0.82	-0.63	-0.54	-0.76	-0.97	-0.76	0.74	-0.99	-0.89	-0.88	-0.79	0.1	-0.9	-0.75	0.74	-0.55	0.62	-0.57		-0.77	-0.96	-0.74	-0.2	-0.56	0.3	-0.6
Total Liab	0.97	0.83	0.76	1.0	0.72	0.87	-0.27	0.73	0.91	0.47	0.95	0.36	0.48	0.99	-0.73	0.6	-0.56	0.48	-0.77		0.85	0.96	0.19	0.61	-0.25	0.59
Total Current Assets	0.86	0.68	0.64	0.85	0.97	0.76	-0.67	0.96	0.96	0.83	0.82	0.03	0.83	0.85	-0.68	0.5	-0.56	0.47	-0.96	0.85		0.81	0.18	0.5	-0.26	0.52
Short Term Debt	0.95	0.86	0.66	0.95	0.7	0.93	-0.21	0.7	0.88	0.42	0.96	0.42	0.43	0.96	-0.69	0.57	-0.52	0.36	-0.74	0.96	0.81		0.0	0.58	-0.4	0.53
Intangible Assets	0.15	0.16	0.05	0.17	0.12	-0.04	-0.07	0.17	0.18	0.11	0.11	-0.08	0.1	0.18	-0.21	0.29	-0.23	0.44	-0.2	0.19	0.18	0.0		0.21	0.76	0.25
Common Stock	0.64	0.78	0.35	0.54	0.48	0.7	-0.11	0.51	0.46	0.3	0.72	0.4	0.35	0.56	-0.97	0.92	-0.97	0.67	-0.56	0.61	0.5	0.58	0.21		-0.44	0.98
Good Will	-0.32	-0.33	-0.2	-0.23	-0.32	-0.52	0.18	-0.3	-0.2	-0.25	-0.4	-0.26	-0.29	-0.23	0.46	-0.3	0.42	-0.09	0.3	-0.25	-0.26	-0.4	0.76	-0.44		-0.42
Common Stock Total Equity	0.64	0.7	0.34	0.52	0.52	0.67	-0.21	0.55	0.46	0.38	0.7	0.31	0.42	0.54	-0.97	0.87	-0.96	0.72	-0.6	0.59	0.52	0.53	0.25	0.98	-0.42

Click cells to compare fundamentals

Landstar System Account Relationship Matchups

Landstar System fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	1.4B	1.7B	2.0B	1.9B	1.8B	916.6M
Short Long Term Debt Total	166.7M	175.5M	228.3M	196.4M	134.4M	147.3M
Other Current Liab	95.6M	238.7M	177.4M	180.6M	117.6M	98.2M
Total Current Liabilities	552.9M	806.1M	1.0B	878.1M	675.2M	374.5M
Total Stockholder Equity	721.5M	691.8M	862.0M	887.2M	983.9M	1.0B
Property Plant And Equipment Net	285.9M	297.0M	317.4M	315.0M	286.0M	172.1M
Net Debt	(152.8M)	(73.8M)	12.8M	(143.2M)	(346.7M)	(329.3M)
Retained Earnings	2.0B	2.0B	2.3B	2.6B	2.8B	2.9B
Accounts Payable	272.0M	380.5M	604.1M	527.4M	396.0M	415.8M
Cash	319.5M	249.4M	215.5M	339.6M	481.0M	505.1M
Non Current Assets Total	429.8M	445.6M	522.6M	492.5M	449.1M	272.6M
Non Currrent Assets Other	105.5M	107.7M	164.4M	(9.3M)	(11.8M)	(11.2M)
Cash And Short Term Investments	352.4M	290.7M	251.3M	393.5M	540.7M	567.7M
Net Receivables	624.1M	898.9M	1.3B	1.0B	787.1M	471.9M
Common Stock Shares Outstanding	39.8M	38.6M	38.2M	36.6M	35.9M	48.6M
Liabilities And Stockholders Equity	1.4B	1.7B	2.0B	1.9B	1.8B	916.6M
Non Current Liabilities Total	153.3M	155.8M	173.5M	166.5M	142.7M	147.5M
Other Current Assets	21.4M	18.5M	16.2M	21.8M	24.9M	16.6M
Other Stockholder Equity	(1.2B)	(1.4B)	(1.5B)	(1.7B)	(1.8B)	(1.7B)
Total Liab	706.2M	962.0M	1.2B	1.0B	817.9M	522.0M
Total Current Assets	997.9M	1.2B	1.5B	1.4B	1.4B	1.4B
Short Term Debt	96.5M	110.2M	153.0M	129.1M	90.2M	60.3M
Common Stock	679K	681K	682K	684K	685K	543.8K
Good Will	38.5M	40.9M	40.8M	41.2M	42.3M	43.0M
Common Stock Total Equity	679K	681K	682K	684K	786.6K	572.1K
Property Plant And Equipment Gross	288.6M	596.4M	661.5M	708.3M	721.0M	757.0M
Accumulated Other Comprehensive Income	(2.2M)	(2.0M)	(5.4M)	(15.0M)	(6.9M)	(7.2M)
Short Term Investments	32.9M	41.4M	35.8M	54.0M	59.7M	32.3M
Current Deferred Revenue	88.8M	76.8M	75.4M	41.0M	71.4M	37.4M
Other Liab	81.1M	90.5M	98.2M	98.0M	112.7M	58.6M
Other Assets	53.3M	404.7M	164.4M	136.3M	156.7M	164.6M
Long Term Debt	70.2M	65.4M	75.2M	67.2M	60.5M	72.2M
Treasury Stock	(1.5B)	(1.6B)	(1.7B)	(2.0B)	(1.8B)	(1.7B)
Property Plant Equipment	285.9M	297.0M	317.4M	315.0M	362.2M	192.6M
Net Tangible Assets	753.2M	716.2M	821.2M	846.0M	972.9M	607.7M
Retained Earnings Total Equity	2.0B	2.0B	2.3B	2.6B	3.0B	1.5B
Long Term Debt Total	83.1M	84.9M	70.2M	67.2M	60.5M	70.2M

Landstar System Investors Sentiment

The influence of Landstar System's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Landstar. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.

Investor biases related to Landstar System's public news can be used to forecast risks associated with an investment in Landstar. The trend in average sentiment can be used to explain how an investor holding Landstar can time the market purely based on public headlines and social activities around Landstar System. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.

Landstar System's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Landstar System's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Landstar System's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Landstar System.

Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Landstar System in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Landstar System's short interest history, or implied volatility extrapolated from Landstar System options trading.

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When determining whether Landstar System is a strong investment it is important to analyze Landstar System's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Landstar System's future performance. For an informed investment choice regarding Landstar Stock, refer to the following important reports:

How To Invest In Landstar

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Is Landstar Stock a good investment?

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What is Landstar System's Net Worth?

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Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Landstar System. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in estimate.

To learn how to invest in Landstar Stock, please use our How to Invest in Landstar System guide.

You can also try the Cryptocurrency Center module to build and monitor diversified portfolio of extremely risky digital assets and cryptocurrency.

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When running Landstar System's price analysis, check to measure Landstar System's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Landstar System is operating at the current time. Most of Landstar System's value examination focuses on studying past and present price action to predict the probability of Landstar System's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Landstar System's price. Additionally, you may evaluate how the addition of Landstar System to your portfolios can decrease your overall portfolio volatility.

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Is Landstar System's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Landstar System. If investors know Landstar will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Landstar System listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.38)

Dividend Share

1.26

Earnings Share

7.36

Revenue Per Share

147.925

Quarterly Revenue Growth

(0.28)

The market value of Landstar System is measured differently than its book value, which is the value of Landstar that is recorded on the company's balance sheet. Investors also form their own opinion of Landstar System's value that differs from its market value or its book value, called intrinsic value, which is Landstar System's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Landstar System's market value can be influenced by many factors that don't directly affect Landstar System's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

Please note, there is a significant difference between Landstar System's value and its price as these two are different measures arrived at by different means. Investors typically determine if Landstar System is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Landstar System's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Landstar Enterprise Value vs Income Tax Expense Analysis

Enterprise Value vs Income Tax Expense

Enterprise Value vs Income Tax Expense Correlation Analysis

Correlation Coefficient

Enterprise Value

Income Tax Expense

Landstar System fundamental ratios Correlations

Landstar System Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Landstar System fundamental ratios Accounts

Landstar System Investors Sentiment

Building efficient market-beating portfolios requires time, education, and a lot of computing power!

Complementary Tools for Landstar Stock analysis

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Liab	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Net Receivables	+ 0.99	Total Current Liabilities
Retained Earnings	+ 0.99	Total Stockholder Equity
Total Liab	+ 0.99	Net Receivables
Non Current Assets Total	+ 0.98	Total Assets

Other Stockholder Equity	- 0.99	Retained Earnings
Common Stock	- 0.97	Inventory
Common Stock Total Equity	- 0.97	Common Stock Shares Outstanding
Common Stock	- 0.97	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.97	Total Stockholder Equity
Total Current Assets	- 0.96	Other Stockholder Equity