Lindsay Financial Statements From 2010 to 2024

LNN Stock  USD 130.40  0.32  0.24%   
Lindsay financial statements provide useful quarterly and yearly information to potential Lindsay investors about the company's current and past financial position, as well as its overall management performance and changes in financial position over time. Historical trend examination of various income statement and balance sheet accounts found on Lindsay financial statements helps investors assess Lindsay's valuation, profitability, and current liquidity needs. Key fundamental drivers impacting Lindsay's valuation are summarized below:
Gross Profit
213 M
Profit Margin
0.1091
Market Capitalization
1.4 B
Enterprise Value Revenue
2.2388
Revenue
607.1 M
We have found one hundred twenty available fundamental ratios for Lindsay, which can be analyzed and compared to other ratios and to its peers in the industry. Self-guided Investors are advised to check Lindsay's last-minute fundamentals against the trend between 2010 and 2024 to make sure the company can sustain itself down the road. As of the 25th of November 2024, Market Cap is likely to grow to about 1.7 B. Also, Enterprise Value is likely to grow to about 1.7 B

Lindsay Total Revenue

349.2 Million

Check Lindsay financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Lindsay's main balance sheet or income statement drivers, such as Depreciation And Amortization of 22.3 M, Interest Expense of 3.4 M or Total Revenue of 349.2 M, as well as many indicators such as Price To Sales Ratio of 1.28, Dividend Yield of 0.007 or PTB Ratio of 2.42. Lindsay financial statements analysis is a perfect complement when working with Lindsay Valuation or Volatility modules.
  
Check out the analysis of Lindsay Correlation against competitors.
To learn how to invest in Lindsay Stock, please use our How to Invest in Lindsay guide.

Lindsay Balance Sheet

Current ValueLast YearHistorical Average 10 Year Trend
Total Assets798.2 M760.2 M549.2 M
Slightly volatile
Short and Long Term Debt Total74.3 M134.4 M105.3 M
Slightly volatile
Other Current Liabilities33.1 M54.8 M47.2 M
Pretty Stable
Total Current Liabilities132.1 M125.8 M102.9 M
Slightly volatile
Total Stockholder Equity504.9 M480.9 M327.2 M
Slightly volatile
Property Plant And Equipment Net134.9 M128.5 M84.3 M
Slightly volatile
Retained Earnings721.4 M687.1 M481.8 M
Slightly volatile
Cash200.4 M190.9 M134.9 M
Slightly volatile
Non Current Assets Total280.4 M267 M192.7 M
Slightly volatile
Non Currrent Assets Other15.3 M14.5 M12.1 M
Slightly volatile
Cash And Short Term Investments200.4 M190.9 M138.6 M
Slightly volatile
Net Receivables122.4 M116.6 M91.8 M
Slightly volatile
Common Stock Shares Outstanding10.4 M11 M11.6 M
Slightly volatile
Liabilities And Stockholders Equity798.2 M760.2 M549.2 M
Slightly volatile
Non Current Liabilities Total161.2 M153.5 M119.1 M
Slightly volatile
Inventory162.2 M154.5 M101.6 M
Slightly volatile
Other Current Assets32.8 M31.3 M17.6 M
Slightly volatile
Total Liabilities293.3 M279.3 M222 M
Slightly volatile
Property Plant And Equipment Gross311.1 M296.3 M117.8 M
Slightly volatile
Total Current Assets517.9 M493.2 M356.6 M
Slightly volatile
Short Term Debt3.4 M3.9 M3.8 M
Pretty Stable
Accounts Payable23.5 M37.4 M35.3 M
Slightly volatile
Common Stock Total Equity20 M21.9 M19 M
Slightly volatile
Common Stock20.1 M19.1 M18.8 M
Slightly volatile
Other Liabilities16.9 M24.2 M22.5 M
Slightly volatile
Other Assets37 M35.2 M19.3 M
Slightly volatile
Good Will42.9 M84.2 M58.5 M
Slightly volatile
Intangible Assets25.4 M25.4 M28.6 M
Pretty Stable
Property Plant Equipment140.9 M134.2 M82.9 M
Slightly volatile
Current Deferred Revenue18.3 M23.2 M17.5 M
Slightly volatile
Net Tangible Assets255.6 M396.5 M246.4 M
Slightly volatile
Capital Surpluse75 M113.3 M70 M
Slightly volatile
Non Current Liabilities Other27.3 M18.1 M24.2 M
Slightly volatile
Short and Long Term Debt228.6 K228 K206.2 K
Slightly volatile
Long Term Debt Total92.9 M103.6 M114 M
Slightly volatile
Cash And Equivalents141 M184.9 M123.8 M
Slightly volatile
Net Invested Capital510.1 M596.1 M436.1 M
Slightly volatile
Net Working Capital308.2 M367.4 M250.3 M
Slightly volatile
Deferred Long Term Asset Charges8.7 M13.5 M8.3 M
Slightly volatile
Capital Stock20.9 M19.1 M19 M
Slightly volatile
Capital Lease Obligations18.6 M19.2 M27.6 M
Slightly volatile

Lindsay Income Statement

Current ValueLast YearHistorical Average 10 Year Trend
Depreciation And Amortization22.3 M21.2 M15.7 M
Slightly volatile
Total Revenue349.2 M607.1 M529.6 M
Pretty Stable
Gross Profit200.6 M191.1 M156.5 M
Slightly volatile
Other Operating Expenses312.3 M530.5 M473.5 M
Pretty Stable
Operating Income80.4 M76.6 M59 M
Slightly volatile
EBIT82.7 M78.8 M59.3 M
Slightly volatile
EBITDA105 M100 M75 M
Slightly volatile
Cost Of Revenue255.3 M416 M380.2 M
Pretty Stable
Total Operating Expenses120.2 M114.4 M97.5 M
Slightly volatile
Income Before Tax83 M79 M56.7 M
Slightly volatile
Net Income69.6 M66.3 M40.9 M
Slightly volatile
Research Development8.8 M17.1 M13 M
Slightly volatile
Selling General Administrative39.7 M57.4 M48.8 M
Slightly volatile
Net Income Applicable To Common Shares87.4 M83.2 M44 M
Slightly volatile
Selling And Marketing Expenses34.5 M39.9 M34.3 M
Slightly volatile
Net Income From Continuing Ops45.9 M66.3 M42.1 M
Pretty Stable
Non Recurring5.8 M6.5 M7.1 M
Slightly volatile
Interest IncomeM5.2 M2.6 M
Slightly volatile
Reconciled Depreciation20.1 M21.2 M17.8 M
Slightly volatile

Lindsay Cash Flow Statement

Current ValueLast YearHistorical Average 10 Year Trend
Begin Period Cash Flow168.8 M160.8 M128.1 M
Slightly volatile
Depreciation22.3 M21.2 M16.2 M
Slightly volatile
Capital Expenditures30.4 M29 M16.8 M
Slightly volatile
Total Cash From Operating Activities100.5 M95.8 M51.9 M
Slightly volatile
Net Income69.6 M66.3 M41.4 M
Slightly volatile
End Period Cash Flow200.4 M190.9 M135.7 M
Slightly volatile
Stock Based Compensation3.3 M6.4 M4.3 M
Slightly volatile
Dividends Paid16.2 M15.5 M11.8 M
Slightly volatile

Financial Ratios

Current ValueLast YearHistorical Average 10 Year Trend
Price To Sales Ratio1.282.24281.8082
Slightly volatile
Dividend Yield0.0070.01140.0104
Pretty Stable
PTB Ratio2.422.83133.3013
Pretty Stable
Days Sales Outstanding42.3670.105757.4636
Slightly volatile
Book Value Per Share46.043.813128.9078
Slightly volatile
Operating Cash Flow Per Share9.168.72464.536
Slightly volatile
Stock Based Compensation To Revenue0.01110.01050.0111
Slightly volatile
Capex To Depreciation1.31.36691.0384
Pretty Stable
PB Ratio2.422.83133.3013
Pretty Stable
EV To Sales1.222.14981.7437
Slightly volatile
ROIC0.150.10770.1128
Pretty Stable
Inventory Turnover2.562.69354.4784
Slightly volatile
Net Income Per Share6.346.03653.585
Slightly volatile
Days Of Inventory On Hand14213692.8202
Slightly volatile
Payables Turnover15.8411.118411.5107
Pretty Stable
Sales General And Administrative To Revenue0.110.09460.0941
Pretty Stable
Research And Ddevelopement To Revenue0.01540.02820.0235
Slightly volatile
Capex To Revenue0.05010.04770.0301
Slightly volatile
Cash Per Share18.2617.390612.2438
Slightly volatile
POCF Ratio13.5114.218471.7495
Pretty Stable
Interest Coverage22.523.688372.4981
Slightly volatile
Payout Ratio0.360.23330.7084
Very volatile
Capex To Operating Cash Flow0.570.30261.0164
Pretty Stable
Days Payables Outstanding22.0332.828332.3048
Pretty Stable
Income Quality1.021.44531.3259
Pretty Stable
ROE0.190.13780.1294
Very volatile
EV To Operating Cash Flow12.9513.628571.5828
Pretty Stable
PE Ratio27.0520.549955.3788
Very volatile
Return On Tangible Assets0.120.10180.0873
Very volatile
Earnings Yield0.06420.04870.0411
Pretty Stable
Intangibles To Total Assets0.190.14410.1709
Pretty Stable
Current Ratio2.363.92013.2617
Pretty Stable
Tangible Book Value Per Share35.5233.831420.866
Slightly volatile
Receivables Turnover8.255.20646.5336
Slightly volatile
Graham Number81.077.141447.1291
Slightly volatile
Shareholders Equity Per Share46.043.813128.9078
Slightly volatile
Debt To Equity0.180.23960.3141
Very volatile
Capex Per Share2.772.64021.4944
Slightly volatile
Revenue Per Share58.0755.309248.3521
Slightly volatile
Interest Debt Per Share11.3310.79238.1162
Slightly volatile
Debt To Assets0.0960.15160.1705
Pretty Stable
Enterprise Value Over EBITDA10.6713.052915.2875
Slightly volatile
Short Term Coverage Ratios441420211
Slightly volatile
Price Earnings Ratio27.0520.549955.3788
Very volatile
Operating Cycle216206152
Slightly volatile
Price Book Value Ratio2.422.83133.3013
Pretty Stable
Days Of Payables Outstanding22.0332.828332.3048
Pretty Stable
Dividend Payout Ratio0.360.23330.7084
Very volatile
Price To Operating Cash Flows Ratio13.5114.218471.7495
Pretty Stable
Pretax Profit Margin0.120.13020.0949
Pretty Stable
Ebt Per Ebit1.161.03190.9241
Very volatile
Operating Profit Margin0.110.12620.0988
Pretty Stable
Company Equity Multiplier1.261.58091.7548
Pretty Stable
Long Term Debt To Capitalization0.140.1930.2447
Very volatile
Total Debt To Capitalization0.130.19330.2276
Pretty Stable
Return On Capital Employed0.220.12080.1516
Slightly volatile
Debt Equity Ratio0.180.23960.3141
Very volatile
Ebit Per Revenue0.110.12620.0988
Pretty Stable
Quick Ratio1.82.69252.3625
Very volatile
Dividend Paid And Capex Coverage Ratio3.362.15482.3747
Slightly volatile
Net Income Per E B T0.560.83820.7138
Pretty Stable
Cash Ratio1.591.51711.2869
Very volatile
Cash Conversion Cycle181173121
Slightly volatile
Operating Cash Flow Sales Ratio0.10.15770.0885
Very volatile
Days Of Inventory Outstanding14213692.8202
Slightly volatile
Days Of Sales Outstanding42.3670.105757.4636
Slightly volatile
Cash Flow Coverage Ratios0.790.83114.7425
Slightly volatile
Price To Book Ratio2.422.83133.3013
Pretty Stable
Fixed Asset Turnover4.494.7247.5305
Slightly volatile
Capital Expenditure Coverage Ratio4.623.30453.6858
Slightly volatile
Price Cash Flow Ratio13.5114.218471.7495
Pretty Stable
Enterprise Value Multiple10.6713.052915.2875
Slightly volatile
Debt Ratio0.0960.15160.1705
Pretty Stable
Cash Flow To Debt Ratio0.790.83114.7425
Slightly volatile
Price Sales Ratio1.282.24281.8082
Slightly volatile
Return On Assets0.110.08720.075
Very volatile
Asset Turnover1.510.79851.1867
Slightly volatile
Net Profit Margin0.08450.10910.0673
Slightly volatile
Gross Profit Margin0.20.31470.2715
Pretty Stable
Price Fair Value2.422.83133.3013
Pretty Stable
Return On Equity0.190.13780.1294
Very volatile

Lindsay Valuation Data

Current ValueLast YearHistorical Average 10 Year Trend
Market Cap1.7 B1.6 B1.3 B
Slightly volatile
Enterprise Value1.7 B1.6 B1.3 B
Slightly volatile

Lindsay Fundamental Market Drivers

Forward Price Earnings22.2222
Cash And Short Term Investments190.9 M

Lindsay Upcoming Events

2nd of April 2024
Upcoming Quarterly Report
View
4th of July 2024
Next Financial Report
View
29th of February 2024
Next Fiscal Quarter End
View
17th of October 2024
Next Fiscal Year End
View
30th of November 2023
Last Quarter Report
View
31st of August 2023
Last Financial Announcement
View

About Lindsay Financial Statements

Lindsay investors utilize fundamental indicators, such as revenue or net income, to predict how Lindsay Stock might perform in the future. Analyzing these trends over time helps investors make informed market timing decisions. For further insights, please visit our fundamental analysis page.
Last ReportedProjected for Next Year
Current Deferred Revenue23.2 M18.3 M
Total Revenue607.1 M349.2 M
Cost Of Revenue416 M255.3 M
Stock Based Compensation To Revenue 0.01  0.01 
Sales General And Administrative To Revenue 0.09  0.11 
Research And Ddevelopement To Revenue 0.03  0.02 
Capex To Revenue 0.05  0.05 
Revenue Per Share 55.31  58.07 
Ebit Per Revenue 0.13  0.11 

Pair Trading with Lindsay

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 Lindsay 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 Lindsay will appreciate offsetting losses from the drop in the long position's value.

Moving against Lindsay Stock

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The ability to find closely correlated positions to Lindsay could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lindsay 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 Lindsay - 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 Lindsay to buy it.
The correlation of Lindsay 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 Lindsay moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lindsay 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 Lindsay 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.
Pair CorrelationCorrelation Matching
When determining whether Lindsay offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lindsay's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lindsay Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lindsay Stock:
Check out the analysis of Lindsay Correlation against competitors.
To learn how to invest in Lindsay Stock, please use our How to Invest in Lindsay guide.
You can also try the Money Flow Index module to determine momentum by analyzing Money Flow Index and other technical indicators.
Is Agricultural & Farm Machinery space 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 Lindsay. If investors know Lindsay 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 Lindsay 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
(0.33)
Dividend Share
1.41
Earnings Share
6.01
Revenue Per Share
55.309
Quarterly Revenue Growth
(0.07)
The market value of Lindsay is measured differently than its book value, which is the value of Lindsay that is recorded on the company's balance sheet. Investors also form their own opinion of Lindsay's value that differs from its market value or its book value, called intrinsic value, which is Lindsay'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 Lindsay's market value can be influenced by many factors that don't directly affect Lindsay'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 Lindsay's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lindsay is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lindsay'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.