Landstar Interest Coverage vs Net Income Analysis

LSTR Stock  USD 187.31  2.60  1.41%   
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 Interest Coverage and its Net Income 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.

Interest Coverage vs Net Income

Interest Coverage vs Net Income Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Landstar System Interest Coverage account and Net Income. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Landstar System's Interest Coverage and Net Income is -0.09. Overlapping area represents the amount of variation of Interest Coverage that can explain the historical movement of Net Income 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 Interest Coverage and Net Income is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Interest Coverage of Landstar System are associated (or correlated) with its Net Income. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Income has no effect on the direction of Interest Coverage i.e., Landstar System's Interest Coverage and Net Income go up and down completely randomly.

Correlation Coefficient

-0.09
Relationship DirectionNegative 
Relationship StrengthInsignificant

Interest Coverage

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Landstar System financial statement analysis. It represents the amount of money remaining after all of Landstar System operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.
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 03/28/2024, 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 Profit866.1M960.2M1.2B1.2B
Total Revenue6.5B7.4B5.3B3.0B

Landstar System fundamental ratios Correlations

0.780.690.970.780.93-0.380.780.880.560.980.270.570.96-0.760.57-0.580.52-0.820.970.860.950.150.64-0.320.64
0.780.470.780.580.820.00.60.760.270.850.520.30.83-0.820.87-0.750.39-0.630.830.680.860.160.78-0.330.7
0.690.470.770.490.56-0.230.510.640.340.630.270.340.74-0.450.28-0.320.21-0.540.760.640.660.050.35-0.20.34
0.970.780.770.720.86-0.290.720.910.470.930.340.480.99-0.660.51-0.480.44-0.761.00.850.950.170.54-0.230.52
0.780.580.490.720.72-0.790.990.880.920.75-0.10.930.71-0.660.45-0.560.47-0.970.720.970.70.120.48-0.320.52
0.930.820.560.860.72-0.310.720.760.50.970.340.530.85-0.80.63-0.630.41-0.760.870.760.93-0.040.7-0.520.67
-0.380.0-0.23-0.29-0.79-0.31-0.78-0.47-0.96-0.310.51-0.95-0.240.290.00.22-0.370.74-0.27-0.67-0.21-0.07-0.110.18-0.21
0.780.60.510.720.990.72-0.780.880.910.75-0.130.920.71-0.690.5-0.590.52-0.990.730.960.70.170.51-0.30.55
0.880.760.640.910.880.76-0.470.880.660.840.120.670.92-0.630.51-0.490.41-0.890.910.960.880.180.46-0.20.46
0.560.270.340.470.920.5-0.960.910.660.51-0.361.00.44-0.490.23-0.410.45-0.880.470.830.420.110.3-0.250.38
0.980.850.630.930.750.97-0.310.750.840.510.370.530.93-0.830.66-0.660.51-0.790.950.820.960.110.72-0.40.7
0.270.520.270.34-0.10.340.51-0.130.12-0.360.37-0.360.37-0.320.38-0.320.010.10.360.030.42-0.080.4-0.260.31
0.570.30.340.480.930.53-0.950.920.671.00.53-0.360.45-0.530.29-0.460.45-0.90.480.830.430.10.35-0.290.42
0.960.830.740.990.710.85-0.240.710.920.440.930.370.45-0.680.55-0.510.43-0.750.990.850.960.180.56-0.230.54
-0.76-0.82-0.45-0.66-0.66-0.80.29-0.69-0.63-0.49-0.83-0.32-0.53-0.68-0.90.96-0.690.74-0.73-0.68-0.69-0.21-0.970.46-0.97
0.570.870.280.510.450.630.00.50.510.230.660.380.290.55-0.9-0.920.55-0.550.60.50.570.290.92-0.30.87
-0.58-0.75-0.32-0.48-0.56-0.630.22-0.59-0.49-0.41-0.66-0.32-0.46-0.510.96-0.92-0.670.62-0.56-0.56-0.52-0.23-0.970.42-0.96
0.520.390.210.440.470.41-0.370.520.410.450.510.010.450.43-0.690.55-0.67-0.570.480.470.360.440.67-0.090.72
-0.82-0.63-0.54-0.76-0.97-0.760.74-0.99-0.89-0.88-0.790.1-0.9-0.750.74-0.550.62-0.57-0.77-0.96-0.74-0.2-0.560.3-0.6
0.970.830.761.00.720.87-0.270.730.910.470.950.360.480.99-0.730.6-0.560.48-0.770.850.960.190.61-0.250.59
0.860.680.640.850.970.76-0.670.960.960.830.820.030.830.85-0.680.5-0.560.47-0.960.850.810.180.5-0.260.52
0.950.860.660.950.70.93-0.210.70.880.420.960.420.430.96-0.690.57-0.520.36-0.740.960.810.00.58-0.40.53
0.150.160.050.170.12-0.04-0.070.170.180.110.11-0.080.10.18-0.210.29-0.230.44-0.20.190.180.00.210.760.25
0.640.780.350.540.480.7-0.110.510.460.30.720.40.350.56-0.970.92-0.970.67-0.560.610.50.580.21-0.440.98
-0.32-0.33-0.2-0.23-0.32-0.520.18-0.3-0.2-0.25-0.4-0.26-0.29-0.230.46-0.30.42-0.090.3-0.25-0.26-0.40.76-0.44-0.42
0.640.70.340.520.520.67-0.210.550.460.380.70.310.420.54-0.970.87-0.960.72-0.60.590.520.530.250.98-0.42
Click cells to compare fundamentals

Landstar System Account Relationship Matchups

Landstar System fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets1.4B1.7B2.0B1.9B1.8B916.6M
Short Long Term Debt Total166.7M175.5M228.3M196.4M134.4M147.3M
Other Current Liab95.6M238.7M177.4M180.6M117.6M98.2M
Total Current Liabilities552.9M806.1M1.0B878.1M675.2M374.5M
Total Stockholder Equity721.5M691.8M862.0M887.2M983.9M1.0B
Property Plant And Equipment Net285.9M297.0M317.4M315.0M286.0M172.1M
Net Debt(152.8M)(73.8M)12.8M(143.2M)(346.7M)(329.3M)
Retained Earnings2.0B2.0B2.3B2.6B2.8B2.9B
Accounts Payable272.0M380.5M604.1M527.4M396.0M415.8M
Cash319.5M249.4M215.5M339.6M481.0M505.1M
Non Current Assets Total429.8M445.6M522.6M492.5M449.1M272.6M
Non Currrent Assets Other105.5M107.7M164.4M(9.3M)(11.8M)(11.2M)
Cash And Short Term Investments352.4M290.7M251.3M393.5M540.7M567.7M
Net Receivables624.1M898.9M1.3B1.0B787.1M471.9M
Common Stock Shares Outstanding39.8M38.6M38.2M36.6M35.9M48.6M
Liabilities And Stockholders Equity1.4B1.7B2.0B1.9B1.8B916.6M
Non Current Liabilities Total153.3M155.8M173.5M166.5M142.7M147.5M
Other Current Assets21.4M18.5M16.2M21.8M24.9M16.6M
Other Stockholder Equity(1.2B)(1.4B)(1.5B)(1.7B)(1.8B)(1.7B)
Total Liab706.2M962.0M1.2B1.0B817.9M522.0M
Total Current Assets997.9M1.2B1.5B1.4B1.4B1.4B
Short Term Debt96.5M110.2M153.0M129.1M90.2M60.3M
Common Stock679K681K682K684K685K543.8K
Good Will38.5M40.9M40.8M41.2M42.3M43.0M
Common Stock Total Equity679K681K682K684K786.6K572.1K
Property Plant And Equipment Gross288.6M596.4M661.5M708.3M721.0M757.0M
Accumulated Other Comprehensive Income(2.2M)(2.0M)(5.4M)(15.0M)(6.9M)(7.2M)
Short Term Investments32.9M41.4M35.8M54.0M59.7M32.3M
Current Deferred Revenue88.8M76.8M75.4M41.0M71.4M37.4M
Other Liab81.1M90.5M98.2M98.0M112.7M58.6M
Other Assets53.3M404.7M164.4M136.3M156.7M164.6M
Long Term Debt70.2M65.4M75.2M67.2M60.5M72.2M
Treasury Stock(1.5B)(1.6B)(1.7B)(2.0B)(1.8B)(1.7B)
Property Plant Equipment285.9M297.0M317.4M315.0M362.2M192.6M
Net Tangible Assets753.2M716.2M821.2M846.0M972.9M607.7M
Retained Earnings Total Equity2.0B2.0B2.3B2.6B3.0B1.5B
Long Term Debt Total83.1M84.9M70.2M67.2M60.5M70.2M

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:
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 Sectors module to list of equity sectors categorizing publicly traded companies based on their primary business activities.

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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.