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Landstar System Inc  (NAS:LSTR) Total Liabilities: \$613 Mil (As of Sep. 2017)

Landstar System Inc's total liabilities for the quarter that ended in Sep. 2017 was \$613 Mil.

Landstar System Inc's quarterly total liabilities increased from Mar. 2017 (\$532.40 Mil) to Jun. 2017 (\$549.78 Mil) and increased from Jun. 2017 (\$549.78 Mil) to Sep. 2017 (\$612.98 Mil).

Landstar System Inc's annual total liabilities declined from Dec. 2014 (\$555.95 Mil) to Dec. 2015 (\$525.28 Mil) but then increased from Dec. 2015 (\$525.28 Mil) to Dec. 2016 (\$554.03 Mil).

Historical Data

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

Landstar System Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Liabilities 499.97 516.22 555.95 525.28 554.03

Landstar System Inc Quarterly Data

 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Total Liabilities 521.03 554.03 532.40 549.78 612.98

Calculation

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Landstar System Inc's Total Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Other Long Term Assets = 380.311 + (93.257 + 26.883 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 53.583 + 0 + 0) = 554

 Total Liabilities = Total Assets (A: Dec. 2016 ) - Total Equity (A: Dec. 2016 ) = 1096.591 - 542.557 = 554

Landstar System Inc's Total Liabilities for the quarter that ended in Sep. 2017 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation = 446.917 + (76.792 + 32.804 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 52.853 + 0 + 3.618) = 613

 Total Liabilities = Total Assets (Q: Sep. 2017 ) - Total Equity (Q: Sep. 2017 ) = 1263.339 - 650.355 = 613

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

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