Lamar Advertising Company (REIT)
Lamar Advertising Company (REIT) operates in various business sectors.
Lamar Advertising Company (REIT) (6LA) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: 0.187x
Based on the latest financial reports, Lamar Advertising Company (REIT) (6LA) has a cash flow conversion efficiency ratio of 0.187x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€227.39 Million) by net assets (€1.21 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Lamar Advertising Company (REIT) - Cash Flow Conversion Efficiency Trend (2018–2023)
This chart illustrates how Lamar Advertising Company (REIT)'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Lamar Advertising Company (REIT) Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Lamar Advertising Company (REIT) ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Obducat AB (publ)
F:OBD
|
-0.321x |
|
AMPHENOL-A
MU:XPH
|
0.074x |
|
Ceprocim SA
RO:CEPO
|
N/A |
|
GILEAD SCIENCES - Dusseldorf Stock Exchang
DU:GIS
|
0.234x |
|
ARK Resources Bhd
KLSE:7007
|
-0.104x |
|
Altex Industries Inc
PINK:ALTX
|
-0.024x |
|
Orbminco Ltd
AU:OB1
|
-0.248x |
|
ACTEOS S.A
PA:EOS
|
0.249x |
Annual Cash Flow Conversion Efficiency for Lamar Advertising Company (REIT) (2018–2023)
The table below shows the annual cash flow conversion efficiency of Lamar Advertising Company (REIT) from 2018 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €1.22 Billion | €783.61 Million | 0.644x | -1.51% |
| 2022-12-31 | €1.20 Billion | €781.61 Million | 0.654x | +8.36% |
| 2021-12-31 | €1.22 Billion | €734.42 Million | 0.603x | +27.36% |
| 2020-12-31 | €1.20 Billion | €569.87 Million | 0.474x | -7.49% |
| 2019-12-31 | €1.18 Billion | €604.49 Million | 0.512x | +2.62% |
| 2018-12-31 | €1.13 Billion | €564.85 Million | 0.499x | -- |