Lakeland Historical Income Statement
LAKE Stock | USD 21.83 0.27 1.22% |
Historical analysis of Lakeland Industries income statement accounts such as Other Operating Expenses of 76.9 M can show how well Lakeland Industries performed in making a profits. Evaluating Lakeland Industries income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of Lakeland Industries's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining Lakeland Industries latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lakeland Industries is a good buy for the upcoming year.
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About Lakeland Income Statement Analysis
Lakeland Industries Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to Lakeland Industries shareholders. The income statement also shows Lakeland investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
Lakeland Industries Income Statement Chart
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Interest Expense
The cost incurred by an entity for borrowed funds, including loans, bonds, or lines of credit.Total Revenue
Total revenue comprises all receipts Lakeland Industries generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Gross Profit
Gross profit is a required income statement account that reflects total revenue of Lakeland Industries minus its cost of goods sold. It is profit before Lakeland Industries operating expenses, interest payments and taxes. Gross profit is also known as gross margin. The profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of Lakeland Industries. It is also known as Lakeland Industries overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Most accounts from Lakeland Industries' income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into Lakeland Industries current financial condition. On the other hand, looking into the entire matrix of income statement accounts, 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 Lakeland Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Lakeland Stock refer to our How to Trade Lakeland Stock guide.At present, Lakeland Industries' Income Before Tax is projected to increase significantly based on the last few years of reporting. The current year's Total Other Income Expense Net is expected to grow to about 3 M, whereas Total Revenue is forecasted to decline to about 82.2 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 50.9M | 45.8M | 51.2M | 53.8M | Total Revenue | 118.4M | 112.8M | 124.7M | 82.2M |
Lakeland Industries income statement Correlations
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Lakeland Industries Account Relationship Matchups
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Lakeland Industries income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 116K | 23K | 15K | 37K | 52K | 49.4K | |
Total Revenue | 107.8M | 159M | 118.4M | 112.8M | 124.7M | 82.2M | |
Gross Profit | 37.9M | 79.3M | 50.9M | 45.8M | 51.2M | 53.8M | |
Other Operating Expenses | 101.9M | 115.1M | 102.3M | 107.3M | 118.2M | 76.9M | |
Operating Income | 5.9M | 43.9M | 16.0M | 4.0M | 6.5M | 5.3M | |
Ebit | 5.9M | 43.9M | 16.2M | 5.5M | 9.4M | 5.2M | |
Ebitda | 7.5M | 45.9M | 18.0M | 7.0M | 11.5M | 6.3M | |
Cost Of Revenue | 69.9M | 79.8M | 67.5M | 67.0M | 73.5M | 58.6M | |
Income Before Tax | 5.8M | 43.9M | 16.2M | 5.5M | 9.4M | 9.8M | |
Total Other Income Expense Net | (123K) | 27K | 106.0K | (70K) | 2.9M | 3.0M | |
Net Income | 3.3M | 35.3M | 11.4M | 1.9M | 5.4M | 5.7M | |
Income Tax Expense | 2.5M | 8.8M | 4.8M | 3.6M | 3.9M | 4.1M | |
Depreciation And Amortization | 1.6M | 2.0M | 1.9M | 1.5M | 2.1M | 2.2M | |
Total Operating Expenses | 32.0M | 35.4M | 34.9M | 40.3M | 44.7M | 46.9M | |
Selling General Administrative | 24.9M | 28.8M | 29.6M | 35.0M | 40.7M | 42.7M | |
Net Income Applicable To Common Shares | 3.3M | 35.1M | 11.4M | 1.9M | 2.2M | 3.7M | |
Selling And Marketing Expenses | 4.3M | 4.6M | 3.4M | 3.7M | 4M | 3.8M | |
Net Income From Continuing Ops | 3.3M | 35.1M | 11.4M | 1.9M | 5.4M | 4.6M | |
Non Operating Income Net Other | 41K | (7K) | 50K | 121K | 139.2K | 146.1K | |
Tax Provision | 2.5M | 8.8M | 4.8M | 3.6M | 3.9M | 4.8M | |
Net Interest Income | (116K) | (23K) | (15K) | (37K) | (52K) | (54.6K) | |
Reconciled Depreciation | 1.6M | 2.0M | 1.9M | 1.5M | 2.1M | 1.7M |
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Lakeland Industries is a strong investment it is important to analyze Lakeland Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lakeland Industries' future performance. For an informed investment choice regarding Lakeland Stock, refer to the following important reports:Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lakeland Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in industry. For information on how to trade Lakeland Stock refer to our How to Trade Lakeland Stock guide.You can also try the Equity Search module to search for actively traded equities including funds and ETFs from over 30 global markets.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lakeland Industries. If investors know Lakeland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lakeland Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 0.222 | Dividend Share 0.12 | Earnings Share 0.26 | Revenue Per Share 18.695 | Quarterly Revenue Growth 0.165 |
The market value of Lakeland Industries is measured differently than its book value, which is the value of Lakeland that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeland Industries' value that differs from its market value or its book value, called intrinsic value, which is Lakeland Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lakeland Industries' market value can be influenced by many factors that don't directly affect Lakeland Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lakeland Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeland Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.