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GuruFocus has detected 6 Warning Signs with Lamar Advertising Co \$LAMR.
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Lamar Advertising Co (NAS:LAMR)
Total Equity
\$1,070 Mil (As of Dec. 2016)

Lamar Advertising Co's total equity for the quarter that ended in Dec. 2016 was \$1,070 Mil.

Total equity is used to calculate book value per share. Lamar Advertising Co's book value per share for the quarter that ended in Dec. 2016 was \$10.99. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Lamar Advertising Co's debt to equity ratio for the quarter that ended in Dec. 2016 was 2.20.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Lamar Advertising Co's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 3900.466 - 2830.938 = 1,070

Lamar Advertising Co's Total Equity for the quarter that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 3900.466 - 2830.938 = 1,070

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

1. Total equity is used to calculate book value per share.

Lamar Advertising Co's Book Value Per Share for the quarter that ended in Dec. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (1069.528 - 0) / 97.32 = 10.99

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

Lamar Advertising Co's Debt to Equity Ratio for the quarter that ended in Dec. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (33.916 + 2315.267) / 1069.528 = 2.20

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Lamar Advertising Co Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 931 871 832 819 839 862 933 981 1,021 1,070

Lamar Advertising Co Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Equity 847 981 981 983 1,006 1,021 1,021 1,040 1,056 1,070
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