Lakeland Property Plant Equipment vs Net Tangible Assets Analysis
LAKE Stock | USD 22.40 0.03 0.13% |
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 Property Plant Equipment and its Net Tangible Assets 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.
Property Plant Equipment vs Net Tangible Assets
Property Plant Equipment vs Net Tangible Assets Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lakeland Industries Property Plant Equipment account and Net Tangible Assets. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lakeland Industries' Property Plant Equipment and Net Tangible Assets is -0.2. Overlapping area represents the amount of variation of Property Plant Equipment that can explain the historical movement of Net Tangible Assets 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' Property Plant Equipment and Net Tangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant Equipment of Lakeland Industries are associated (or correlated) with its Net Tangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Tangible Assets has no effect on the direction of Property Plant Equipment i.e., Lakeland Industries' Property Plant Equipment and Net Tangible Assets go up and down completely randomly.
Correlation Coefficient | -0.2 |
Relationship Direction | Negative |
Relationship Strength | Insignificant |
Property Plant Equipment
Net Tangible Assets
The total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company.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 Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
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.