Lamar Capex To Revenue vs Cost Of Revenue Analysis

LAMR Stock  USD 134.02  0.40  0.30%   
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 Capex To Revenue and its Cost Of Revenue 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.

Capex To Revenue vs Cost Of Revenue

Capex To Revenue vs Cost Of Revenue Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lamar Advertising Capex To Revenue account and Cost Of Revenue. At this time, the significance of the direction appears to have pay attention.
The correlation between Lamar Advertising's Capex To Revenue and Cost Of Revenue is -0.72. Overlapping area represents the amount of variation of Capex To Revenue that can explain the historical movement of Cost Of Revenue 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 Capex To Revenue and Cost Of Revenue is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Capex To Revenue of Lamar Advertising are associated (or correlated) with its Cost Of Revenue. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Cost Of Revenue has no effect on the direction of Capex To Revenue i.e., Lamar Advertising's Capex To Revenue and Cost Of Revenue go up and down completely randomly.

Correlation Coefficient

-0.72
Relationship DirectionNegative 
Relationship StrengthWeak

Capex To Revenue

The ratio of a company's capital expenditures to its total revenue, indicating how much of the revenue is used for acquiring or maintaining physical assets.

Cost Of Revenue

Cost of Revenue is found on Lamar Advertising income statement and represents the costs associated with goods and services Lamar Advertising provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.
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 11/29/2024, 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 Expense106.4M127.5M174.5M127.5M
Depreciation And Amortization1.3B1.5B293.4M383.5M

Lamar Advertising fundamental ratios Correlations

0.97-0.070.860.880.960.77-0.840.670.471.00.410.470.980.831.00.360.990.790.710.960.870.55-0.140.61-0.14
0.97-0.130.850.810.960.88-0.750.540.480.970.230.480.940.750.970.170.970.730.730.930.740.59-0.150.61-0.15
-0.07-0.13-0.380.05-0.17-0.180.030.130.16-0.080.070.16-0.020.12-0.080.15-0.090.15-0.65-0.140.02-0.310.45-0.710.45
0.860.85-0.380.730.880.64-0.680.480.380.870.410.380.80.620.860.330.860.630.940.910.780.74-0.470.87-0.47
0.880.810.050.730.730.7-0.950.830.470.860.220.470.890.980.830.220.820.860.530.80.920.24-0.240.44-0.24
0.960.96-0.170.880.730.75-0.710.450.430.970.430.430.90.660.970.360.980.640.780.910.760.63-0.140.69-0.14
0.770.88-0.180.640.70.75-0.620.40.440.77-0.250.440.750.650.76-0.310.760.620.590.70.460.4-0.170.44-0.17
-0.84-0.750.03-0.68-0.95-0.71-0.62-0.78-0.38-0.83-0.27-0.38-0.83-0.97-0.81-0.3-0.79-0.73-0.53-0.75-0.93-0.110.12-0.480.12
0.670.540.130.480.830.450.4-0.780.150.650.30.150.770.840.620.340.610.770.250.650.80.16-0.190.19-0.19
0.470.480.160.380.470.430.44-0.380.150.460.051.00.410.420.470.030.460.610.290.470.390.24-0.060.26-0.06
1.00.97-0.080.870.860.970.77-0.830.650.460.410.460.970.811.00.371.00.760.720.950.870.55-0.140.62-0.14
0.410.230.070.410.220.43-0.25-0.270.30.050.410.050.380.190.430.980.440.210.290.450.570.390.040.350.04
0.470.480.160.380.470.430.44-0.380.151.00.460.050.410.420.470.030.460.610.290.470.390.24-0.060.26-0.06
0.980.94-0.020.80.890.90.75-0.830.770.410.970.380.410.850.970.340.970.830.620.940.860.52-0.130.52-0.13
0.830.750.120.620.980.660.65-0.970.840.420.810.190.420.850.780.220.760.810.410.730.90.08-0.110.34-0.11
1.00.97-0.080.860.830.970.76-0.810.620.471.00.430.470.970.780.381.00.750.710.950.850.57-0.110.62-0.11
0.360.170.150.330.220.36-0.31-0.30.340.030.370.980.030.340.220.380.380.180.190.40.580.270.070.260.07
0.990.97-0.090.860.820.980.76-0.790.610.461.00.440.460.970.761.00.380.750.720.960.840.6-0.120.62-0.12
0.790.730.150.630.860.640.62-0.730.770.610.760.210.610.830.810.750.180.750.420.760.760.38-0.20.33-0.2
0.710.73-0.650.940.530.780.59-0.530.250.290.720.290.290.620.410.710.190.720.420.770.580.73-0.530.96-0.53
0.960.93-0.140.910.80.910.7-0.750.650.470.950.450.470.940.730.950.40.960.760.770.830.71-0.260.68-0.26
0.870.740.020.780.920.760.46-0.930.80.390.870.570.390.860.90.850.580.840.760.580.830.31-0.190.54-0.19
0.550.59-0.310.740.240.630.4-0.110.160.240.550.390.240.520.080.570.270.60.380.730.710.31-0.460.66-0.46
-0.14-0.150.45-0.47-0.24-0.14-0.170.12-0.19-0.06-0.140.04-0.06-0.13-0.11-0.110.07-0.12-0.2-0.53-0.26-0.19-0.46-0.61.0
0.610.61-0.710.870.440.690.44-0.480.190.260.620.350.260.520.340.620.260.620.330.960.680.540.66-0.6-0.6
-0.14-0.150.45-0.47-0.24-0.14-0.170.12-0.19-0.06-0.140.04-0.06-0.13-0.11-0.110.07-0.12-0.2-0.53-0.26-0.19-0.461.0-0.6
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Lamar Advertising Account Relationship Matchups

Lamar Advertising fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets5.9B5.8B6.0B6.5B6.6B4.1B
Short Long Term Debt Total4.2B4.1B4.2B3.5B4.6B2.5B
Other Current Liab107.2M216.7M(64.6M)117.6M(104.7M)(99.5M)
Total Current Liabilities672.8M547.9M663.0M726.0M713.9M749.6M
Total Stockholder Equity1.2B1.2B1.2B1.2B1.2B1.2B
Property Plant And Equipment Net2.7B2.5B2.6B2.8B2.9B1.5B
Net Debt4.2B4.0B4.1B1.2B4.6B2.3B
Retained Earnings(708.4M)(717.3M)(734.4M)(804.4M)(819.2M)(778.3M)
Accounts Payable15.0M12.0M16.4M19.6M18.2M14.2M
Cash26.2M121.6M99.8M52.6M44.6M62.1M
Non Current Assets Total5.6B5.4B5.7B6.1B6.2B3.8B
Non Currrent Assets Other56.6M60.6M98.4M1.3B78.6M95.4M
Cash And Short Term Investments26.2M121.6M99.8M52.6M44.6M62.1M
Net Receivables254.9M240.9M269.9M285.0M301.2M163.5M
Common Stock Shares Outstanding100.3M100.9M101.3M101.6M102.1M98.7M
Liabilities And Stockholders Equity5.9B5.8B6.0B6.5B6.6B4.1B
Non Current Liabilities Total4.1B4.0B4.2B4.6B4.6B2.7B
Other Current Assets29.1M18.1M18.9M364.6M27.4M41.6M
Total Liab4.8B4.6B4.8B5.3B5.3B2.9B
Total Current Assets310.2M380.6M388.6M364.6M373.2M281.7M
Short Term Debt423.4M319.2M574.0M457.0M673.8M707.5M
Intangible Assets992.2M914.4M1.0B1.2B1.2B787.7M
Other Stockholder Equity1.9B1.9B2.0B2.8B2.0B2.1B
Good Will1.9B1.9B1.9B2.0B2.0B1.8B
Property Plant And Equipment Gross2.7B2.5B3.8B4.1B5.6B5.9B
Accumulated Other Comprehensive Income685K934K855K(659K)(428K)(449.4K)
Other Liab266.3M264.3M316.0M439.2M505.1M530.3M
Other Assets56.6M60.6M98.4M83.4M75.1M71.3M
Long Term Debt2.8B2.8B2.8B3.1B3.1B2.5B
Property Plant Equipment1.3B1.3B1.3B1.5B1.3B1.0B
Current Deferred Revenue127.3M111.4M137.1M131.8M126.5M70.5M
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 Liab5.7M4.9M6.4M9.7M8.7M12.6M
Net Tangible Assets(1.7B)(1.6B)(1.8B)(2.0B)(1.8B)(1.9B)
Long Term Debt Total2.8B2.8B2.8B3.1B3.5B2.8B
Capital Surpluse1.9B2.0B2.0B2.1B2.4B2.1B

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

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  0.5AHH Armada Hflr PrPairCorr
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.
Pair CorrelationCorrelation Matching

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.