Landstar Net Income vs Shareholders Equity Analysis

LSTR Stock  USD 187.31  2.60  1.41%   
Trend analysis of Landstar System balance sheet accounts such as Total Current Liabilities of 374.5 M provides information on Landstar System's total assets, liabilities, and equity, which is the actual value of Landstar System to its prevalent stockholders. By breaking down trends over time using Landstar System balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
  
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.

About Landstar Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Landstar System at a specified time, usually calculated after every quarter, six months, or one year. Landstar System Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Landstar System and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Landstar currently owns. An asset can also be divided into two categories, current and non-current.

Landstar System Balance Sheet Chart

Landstar System Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Landstar System uses and utilizes its capital. It also shows what exactly a company owns and owes.
At this time, Landstar System's Non Current Liabilities Total is relatively stable compared to the past year. As of 03/28/2024, Total Current Assets is likely to grow to about 1.4 B, while Other Current Liabilities is likely to drop slightly above 98.2 M.

Total Assets

Total assets refers to the total amount of Landstar System assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Landstar System books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Landstar System balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Landstar System are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
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

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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 Sign In To Macroaxis module to sign in to explore Macroaxis' wealth optimization platform and fintech modules.

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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.