Lamar Total Other Income Expense Net vs Total Operating Expenses Analysis
LAMR Stock | USD 129.65 0.23 0.18% |
Lamar Advertising financial indicator trend analysis is infinitely more than just investigating Lamar Advertising recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lamar Advertising is a good investment. Please check the relationship between Lamar Advertising Total Other Income Expense Net and its Total Operating Expenses accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lamar Advertising. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Lamar Stock, please use our How to Invest in Lamar Advertising guide.
Total Other Income Expense Net vs Total Operating Expenses
Total Other Income Expense Net vs Total Operating Expenses Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lamar Advertising Total Other Income Expense Net account and Total Operating Expenses. At this time, the significance of the direction appears to have strong contrarian relationship.
The correlation between Lamar Advertising's Total Other Income Expense Net and Total Operating Expenses is -0.51. Overlapping area represents the amount of variation of Total Other Income Expense Net that can explain the historical movement of Total Operating Expenses in the same time period over historical financial statements of Lamar Advertising, assuming nothing else is changed. The correlation between historical values of Lamar Advertising's Total Other Income Expense Net and Total Operating Expenses is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Other Income Expense Net of Lamar Advertising are associated (or correlated) with its Total Operating Expenses. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Total Operating Expenses has no effect on the direction of Total Other Income Expense Net i.e., Lamar Advertising's Total Other Income Expense Net and Total Operating Expenses go up and down completely randomly.
Correlation Coefficient | -0.51 |
Relationship Direction | Negative |
Relationship Strength | Very Weak |
Total Other Income Expense Net
Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most indicators from Lamar Advertising's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lamar Advertising 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 Lamar Advertising. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. To learn how to invest in Lamar Stock, please use our How to Invest in Lamar Advertising guide.At this time, Lamar Advertising's Issuance Of Capital Stock is relatively stable compared to the past year. As of 12/12/2024, Sales General And Administrative To Revenue is likely to grow to 0.18, while Selling General Administrative is likely to drop slightly above 299.9 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 106.4M | 127.5M | 174.5M | 127.5M | Depreciation And Amortization | 1.3B | 1.5B | 293.4M | 383.5M |
Lamar Advertising fundamental ratios Correlations
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Lamar Advertising Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lamar Advertising fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 5.9B | 5.8B | 6.0B | 6.5B | 6.6B | 4.1B | |
Short Long Term Debt Total | 4.2B | 4.1B | 4.2B | 3.5B | 4.6B | 2.5B | |
Other Current Liab | 107.2M | 216.7M | (64.6M) | 117.6M | (104.7M) | (99.5M) | |
Total Current Liabilities | 672.8M | 547.9M | 663.0M | 726.0M | 713.9M | 749.6M | |
Total Stockholder Equity | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | 1.2B | |
Property Plant And Equipment Net | 2.7B | 2.5B | 2.6B | 2.8B | 2.9B | 1.5B | |
Net Debt | 4.2B | 4.0B | 4.1B | 1.2B | 4.6B | 2.3B | |
Retained Earnings | (708.4M) | (717.3M) | (734.4M) | (804.4M) | (819.2M) | (778.3M) | |
Accounts Payable | 15.0M | 12.0M | 16.4M | 19.6M | 18.2M | 14.2M | |
Cash | 26.2M | 121.6M | 99.8M | 52.6M | 44.6M | 62.1M | |
Non Current Assets Total | 5.6B | 5.4B | 5.7B | 6.1B | 6.2B | 3.8B | |
Non Currrent Assets Other | 56.6M | 60.6M | 98.4M | 1.3B | 78.6M | 95.4M | |
Cash And Short Term Investments | 26.2M | 121.6M | 99.8M | 52.6M | 44.6M | 62.1M | |
Net Receivables | 254.9M | 240.9M | 269.9M | 285.0M | 301.2M | 163.5M | |
Common Stock Shares Outstanding | 100.3M | 100.9M | 101.3M | 101.6M | 102.1M | 98.7M | |
Liabilities And Stockholders Equity | 5.9B | 5.8B | 6.0B | 6.5B | 6.6B | 4.1B | |
Non Current Liabilities Total | 4.1B | 4.0B | 4.2B | 4.6B | 4.6B | 2.7B | |
Other Current Assets | 29.1M | 18.1M | 18.9M | 364.6M | 27.4M | 41.6M | |
Total Liab | 4.8B | 4.6B | 4.8B | 5.3B | 5.3B | 2.9B | |
Total Current Assets | 310.2M | 380.6M | 388.6M | 364.6M | 373.2M | 281.7M | |
Short Term Debt | 423.4M | 319.2M | 574.0M | 457.0M | 673.8M | 707.5M | |
Intangible Assets | 992.2M | 914.4M | 1.0B | 1.2B | 1.2B | 787.7M | |
Other Stockholder Equity | 1.9B | 1.9B | 2.0B | 2.8B | 2.0B | 2.1B | |
Good Will | 1.9B | 1.9B | 1.9B | 2.0B | 2.0B | 1.8B | |
Property Plant And Equipment Gross | 2.7B | 2.5B | 3.8B | 4.1B | 5.6B | 5.9B | |
Accumulated Other Comprehensive Income | 685K | 934K | 855K | (659K) | (428K) | (449.4K) | |
Other Liab | 266.3M | 264.3M | 316.0M | 439.2M | 505.1M | 530.3M | |
Other Assets | 56.6M | 60.6M | 98.4M | 83.4M | 75.1M | 71.3M | |
Long Term Debt | 2.8B | 2.8B | 2.8B | 3.1B | 3.1B | 2.5B | |
Property Plant Equipment | 1.3B | 1.3B | 1.3B | 1.5B | 1.3B | 1.0B | |
Current Deferred Revenue | 127.3M | 111.4M | 137.1M | 131.8M | 126.5M | 70.5M | |
Treasury Stock | (25.4M) | (34.3M) | (44.8M) | (50.9M) | (58.5M) | (61.4M) | |
Retained Earnings Total Equity | (708.4M) | (717.3M) | (734.4M) | (804.4M) | (723.9M) | (760.1M) | |
Deferred Long Term Liab | 5.7M | 4.9M | 6.4M | 9.7M | 8.7M | 12.6M | |
Net Tangible Assets | (1.7B) | (1.6B) | (1.8B) | (2.0B) | (1.8B) | (1.9B) | |
Long Term Debt Total | 2.8B | 2.8B | 2.8B | 3.1B | 3.5B | 2.8B | |
Capital Surpluse | 1.9B | 2.0B | 2.0B | 2.1B | 2.4B | 2.1B |
Pair Trading with Lamar Advertising
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lamar Advertising position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lamar Advertising will appreciate offsetting losses from the drop in the long position's value.Moving against Lamar Stock
The ability to find closely correlated positions to Lamar Advertising could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lamar Advertising when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lamar Advertising - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lamar Advertising to buy it.
The correlation of Lamar Advertising is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lamar Advertising moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lamar Advertising moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lamar Advertising can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for Lamar Stock Analysis
When running Lamar Advertising's price analysis, check to measure Lamar Advertising'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 Lamar Advertising is operating at the current time. Most of Lamar Advertising's value examination focuses on studying past and present price action to predict the probability of Lamar Advertising's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lamar Advertising's price. Additionally, you may evaluate how the addition of Lamar Advertising to your portfolios can decrease your overall portfolio volatility.