Landstar Interest Expense vs Gross Profit Analysis
LSTR Stock | USD 172.12 0.71 0.41% |
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 Expense and its Gross Profit 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 Expense vs Gross Profit
Interest Expense vs Gross Profit Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Landstar System Interest Expense account and Gross Profit. At this time, the significance of the direction appears to have fragmental relationship.
The correlation between Landstar System's Interest Expense and Gross Profit is 0.46. Overlapping area represents the amount of variation of Interest Expense that can explain the historical movement of Gross Profit 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 Expense and Gross Profit 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 Expense of Landstar System are associated (or correlated) with its Gross Profit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Gross Profit has no effect on the direction of Interest Expense i.e., Landstar System's Interest Expense and Gross Profit go up and down completely randomly.
Correlation Coefficient | 0.46 |
Relationship Direction | Positive |
Relationship Strength | Weak |
Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Landstar System minus its cost of goods sold. It is profit before Landstar System operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.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.At this time, Landstar System's Selling General Administrative is relatively stable compared to the past year. As of 04/24/2024, Tax Provision is likely to grow to about 96.3 M, while Discontinued Operations is likely to drop slightly above 29.7 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 |
Landstar System fundamental ratios Correlations
Click cells to compare fundamentals
Landstar System Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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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Try AI Portfolio ArchitectCheck 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 Analyst Advice module to analyst recommendations and target price estimates broken down by several categories.
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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 7.35 | 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.