Lakeland Total Assets vs Long Term Debt Analysis
LAKE Stock | USD 21.61 0.38 1.73% |
Lakeland Industries financial indicator trend analysis is infinitely more than just investigating Lakeland Industries recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lakeland Industries is a good investment. Please check the relationship between Lakeland Industries Total Assets and its Long Term Debt accounts. 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.
Total Assets vs Long Term Debt
Total Assets vs Long Term Debt Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lakeland Industries Total Assets account and Long Term Debt. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lakeland Industries' Total Assets and Long Term Debt is -0.12. Overlapping area represents the amount of variation of Total Assets that can explain the historical movement of Long Term Debt in the same time period over historical financial statements of Lakeland Industries, assuming nothing else is changed. The correlation between historical values of Lakeland Industries' Total Assets and Long Term Debt is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Total Assets of Lakeland Industries are associated (or correlated) with its Long Term Debt. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Long Term Debt has no effect on the direction of Total Assets i.e., Lakeland Industries' Total Assets and Long Term Debt go up and down completely randomly.
Correlation Coefficient | -0.12 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Total Assets
Total assets refers to the total amount of Lakeland Industries assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lakeland Industries books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Long Term Debt
Long-term debt is a debt that Lakeland Industries has held for over one year. Long-term debt appears on Lakeland Industries balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Lakeland Industries balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.Most indicators from Lakeland Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators 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 fundamental ratios indicators, 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' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.34, whereas Enterprise Value Over EBITDA is forecasted to decline to 9.30.
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 fundamental ratios Correlations
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Lakeland Industries Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Lakeland Industries fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 99.4M | 139.9M | 140.8M | 142.9M | 153.7M | 161.4M | |
Short Long Term Debt Total | 3.4M | 2.4M | 4.9M | 5.2M | 12.3M | 9.5M | |
Other Current Liab | 3.7M | 5.7M | 4.6M | 9.8M | 7.1M | 7.4M | |
Total Current Liabilities | 12.9M | 15.4M | 12.0M | 18.6M | 18.3M | 12.3M | |
Total Stockholder Equity | 85.1M | 122.9M | 125.1M | 120.0M | 123.5M | 129.6M | |
Property Plant And Equipment Net | 12.4M | 12.2M | 14.0M | 14.6M | 21.7M | 22.7M | |
Net Debt | (11.2M) | (50.2M) | (47.8M) | (19.4M) | (12.9M) | (12.3M) | |
Retained Earnings | 17.6M | 52.7M | 62.9M | 64.8M | 69.3M | 72.7M | |
Non Current Assets Total | 19.6M | 16.3M | 20.1M | 36.3M | 52.2M | 54.9M | |
Net Receivables | 17.7M | 21.7M | 18.5M | 17.3M | 19.2M | 11.8M | |
Common Stock Shares Outstanding | 8.0M | 8.1M | 8.1M | 7.7M | 7.5M | 5.7M | |
Liabilities And Stockholders Equity | 99.4M | 139.9M | 140.8M | 142.9M | 153.7M | 161.4M | |
Non Current Liabilities Total | 1.4M | 1.6M | 3.7M | 4.3M | 11.9M | 12.5M | |
Inventory | 44.2M | 43.8M | 47.7M | 58.2M | 51.3M | 31.4M | |
Other Current Assets | 2.0M | 5.5M | 1.7M | 5.5M | 5.9M | 6.2M | |
Other Stockholder Equity | 70.1M | 71.8M | 63.6M | 58.8M | 59.4M | 36.2M | |
Total Liab | 14.4M | 17.0M | 15.7M | 22.9M | 30.3M | 17.6M | |
Property Plant And Equipment Gross | 12.4M | 12.2M | 8.7M | 14.6M | 39.3M | 41.2M | |
Total Current Assets | 79.8M | 123.6M | 120.6M | 106.6M | 101.5M | 54.4M | |
Accumulated Other Comprehensive Income | (2.8M) | (1.6M) | (1.5M) | (3.7M) | (5.4M) | (5.1M) | |
Short Term Debt | 2.0M | 768K | 1.2M | 1.7M | 2.5M | 2.3M | |
Cash | 14.6M | 52.6M | 52.7M | 24.6M | 25.2M | 26.5M | |
Non Currrent Assets Other | 158K | 98K | 112K | 490K | 110K | 115.5K | |
Cash And Short Term Investments | 14.6M | 52.6M | 52.7M | 24.6M | 25.2M | 26.5M | |
Accounts Payable | 7.2M | 7.4M | 5.9M | 6.6M | 7.4M | 5.1M | |
Other Assets | 6.4M | 3.3M | 3.4M | 2.9M | 3.3M | 4.5M | |
Property Plant Equipment | 10.1M | 9.8M | 8.7M | 9.1M | 10.5M | 10.0M | |
Net Tangible Assets | 85.1M | 122.9M | 125.1M | 111.5M | 128.2M | 88.4M | |
Retained Earnings Total Equity | 17.6M | 52.7M | 62.9M | 64.8M | 74.5M | 78.2M | |
Capital Surpluse | 75.2M | 76.8M | 77.8M | 78.5M | 90.2M | 74.0M |
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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 Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
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.