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Lamar Advertising Co (Lamar Advertising Co) Equity-to-Asset

: 0.19 (As of Dec. 2023)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lamar Advertising Co's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,216 Mil. Lamar Advertising Co's Total Assets for the quarter that ended in Dec. 2023 was $6,564 Mil. Therefore, Lamar Advertising Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 was 0.19.

The historical rank and industry rank for Lamar Advertising Co's Equity-to-Asset or its related term are showing as below:

LAMR' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19   Med: 0.23   Max: 0.3
Current: 0.19

During the past 13 years, the highest Equity to Asset Ratio of Lamar Advertising Co was 0.30. The lowest was 0.19. And the median was 0.23.

LAMR's Equity-to-Asset is ranked worse than
93.87% of 865 companies
in the REITs industry
Industry Median: 0.57 vs LAMR: 0.19

Lamar Advertising Co Equity-to-Asset Historical Data

The historical data trend for Lamar Advertising Co's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lamar Advertising Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.20 0.21 0.20 0.19 0.19

Lamar Advertising Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.19 0.18 0.18 0.18 0.19

Competitive Comparison

For the REIT - Specialty subindustry, Lamar Advertising Co's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lamar Advertising Co Equity-to-Asset Distribution

For the REITs industry and Real Estate sector, Lamar Advertising Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lamar Advertising Co's Equity-to-Asset falls into.



Lamar Advertising Co Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Lamar Advertising Co's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1216.374/6563.622
=0.19

Lamar Advertising Co's Equity to Asset Ratio for the quarter that ended in Dec. 2023 is calculated as

Equity to Asset (Q: Dec. 2023 )=Total Stockholders Equity/Total Assets
=1216.374/6563.622
=0.19

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lamar Advertising Co  (NAS:LAMR) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Lamar Advertising Co Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Lamar Advertising Co's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Lamar Advertising Co (Lamar Advertising Co) Business Description

Traded in Other Exchanges
Address
5321 Corporate Boulevard, Baton Rouge, LA, USA, 70808
Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.
Executives
Jay Lecoryelle Johnson officer: CFO, Treasurer, EVP C/O DIAMONDROCK HOSPITALITY COMPANY, 2 BETHESDA METRO CENTER, SUITE 1400, BETHESDA MD 20814
Nancy Fletcher director 5321 CORPORATE BOULEVARD, BATON ROUGE LA 70808
Thomas V Reifenheiser director C/O LAMAR CORP, 5551 CORPORATE BLVD, BATON ROUGE LA 70808
Wendell Reilly director C/O BERMAN CAPITAL ADVISORS, 3475 LENOX RD. STE. 760, ATLANTA GA 30326
Koerner John E Iii director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Anna Reilly director C/O LAMAR ADVERTISING COMPANY, 5321 CORPORATE BLVD, BATON ROUGE LA 70808
Stephen P Mumblow director 790 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Elizabeth Mary Thompson director 5321 CORPORATE BOULEVARD, BATON ROUGE LA 70808
Keith A Istre officer: Chief Financial Officer C/O LAMAR CORP, 5321 CORPORATE BLVD, BATON ROUGE LA 70808
Sean E Reilly officer: Chief Operating Officer 5321 CORPORATE BLVD, BATON ROUGE LA 70808
Marshall A Loeb director C/O EASTGROUP PROPERTIES, INC., 190 EAST CAPITOL STREET, JACKSON MS 39201
John Maxwell Hamilton director C/O LAMAR CORP, 5551 CORPORATE BLVD, BATON ROUGE LA 70808
Reilly Kevin P Jr director, officer: President and CEO C/O LAMAR CORP, 5321 CORPORATE BLVD, BATON ROUGE LA 70808
Spo Advisory Corp 10 percent owner PO BOX 2722, C/O SPO PARTNERS & CO, SAN ANSELMO CA 94979
Abrams Capital Management, L.p. 10 percent owner 222 BERKELEY STREET, 21ST FLOOR, BOSTON MA 02116