How do you interpret guarantor subsidiaries — proceeds from contributions to parent?

Higher proceeds indicate strong cash generation at the subsidiary level that is being successfully upstreamed to the parent.

Lamar Advertising LAMR Guarantor Subsidiaries — Proceeds From Contributions To Parent

Discontinued — last reported Q4 '16

Similar metrics at other companies

ARReportable Legal Entities — Cashdistributionsfromguarantorsubsidiary

$0-100%

ACGLReportable Legal Entities — Cash Dividends Paid To Parent Company By Consolidated Subsidiaries

-$757.22M-87.2%

ARReportable Legal Entities — Proceeds From Contribution Of Assets To Non Guarantor Subsidiary

$200.28M—

ARReportable Legal Entities — Cash Dividends Paid To Parent Company By Consolidated Subsidiaries

$38.56M+18.1%

MGMReportable Legal Entities — Cash Dividends Paid To Parent Company By Consolidated Subsidiaries

-$81.96M-14.1%

LENReportable Legal Entities — Proceedsfrom Distributionsof Earnings Guarantorand Non Guarantor Subsidiaries

$375.28M+45.9%

Other financials

Income statement

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Revenue$528.0M+4.5%

Gross profit$344.7M+5.9%

Operating income$146.1M-23.6%

Net income$101.3M-27.0%

EPS (diluted)$1.00-25.9%

Balance sheet

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Cash & equivalents$39.3M+8.7%

Total debt$5.0B+8.9%

Total equity$981.7M-4.8%

Total assets$6.9B+5.6%

Cash flow

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Operating cash flow$147.4M+15.4%

CapEx$33.1M+10.9%

Free cash flow$114.3M+16.8%

Valuation

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Market cap$15.19B+10.2%

Enterprise value$20.1B+9.8%

P/E27.6×-4.9×

P/S6.6×+0.4×

Profitability

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Gross margin67.2%+0.3pp

Operating margin31.8%+4.8pp

Net margin24%+4.9pp

FCF margin30.6%-4.0pp

Returns & leverage

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Return on equity54.6%+16.4pp

Debt / equity5×+0.6×

Current ratio0.6×0.0×

Where this comes from

Reported directly by Lamar Advertising in its filing.

Tagged under the XBRL concept lamr:ProceedsFromContributionsToParent.

The official record: Lamar Advertising’s 10-K, filed February 24, 2017, on SEC EDGAR. View the filing →

Questions, answered.

What does guarantor subsidiaries — proceeds from contributions to parent mean?: The cash or assets transferred from the guarantor subsidiaries up to the parent company.
How do you interpret guarantor subsidiaries — proceeds from contributions to parent?: Higher proceeds indicate strong cash generation at the subsidiary level that is being successfully upstreamed to the parent.
How does guarantor subsidiaries — proceeds from contributions to parent compare across companies?: Comparable to intercompany cash transfers or dividend upstreaming metrics in consolidated corporate structures.