Lakeland Long Term Debt vs Non Current Assets Total Analysis

LAKE Stock  USD 22.99  0.94  4.26%   
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 Long Term Debt and its Non Current Assets Total 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.

Long Term Debt vs Non Current Assets Total

Long Term Debt vs Non Current Assets Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lakeland Industries Long Term Debt account and Non Current Assets Total. At this time, the significance of the direction appears to have weak contrarian relationship.
The correlation between Lakeland Industries' Long Term Debt and Non Current Assets Total is -0.02. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Non Current Assets Total 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' Long Term Debt and Non Current Assets Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Lakeland Industries are associated (or correlated) with its Non Current Assets Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Non Current Assets Total has no effect on the direction of Long Term Debt i.e., Lakeland Industries' Long Term Debt and Non Current Assets Total go up and down completely randomly.

Correlation Coefficient

-0.02
Relationship DirectionNegative 
Relationship StrengthInsignificant

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.

Non Current Assets Total

The total value of a company's long-term assets, which are not expected to be converted into cash or used up within one year or the operating cycle, including property, plant, and equipment, and intangible assets.
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 0.35, whereas Enterprise Value Over EBITDA is forecasted to decline to 9.30.
 2021 2022 2023 2024 (projected)
Gross Profit50.9M45.8M51.2M53.8M
Total Revenue118.4M112.8M124.7M82.2M

Lakeland Industries fundamental ratios Correlations

0.040.660.180.970.87-0.570.860.770.770.640.330.730.820.520.240.70.79-0.290.71-0.260.710.360.46-0.13-0.12
0.04-0.320.63-0.20.370.64-0.160.3-0.09-0.320.760.16-0.01-0.160.870.29-0.110.73-0.390.73-0.39-0.580.110.060.41
0.66-0.320.10.680.53-0.510.710.560.490.370.010.380.790.210.020.510.47-0.390.51-0.50.510.40.45-0.24-0.42
0.180.630.1-0.030.330.29-0.160.190.310.120.230.410.170.260.850.160.210.82-0.130.65-0.13-0.190.640.22-0.29
0.97-0.20.68-0.030.75-0.720.890.670.760.720.140.690.780.560.00.60.81-0.480.8-0.450.80.490.36-0.13-0.17
0.870.370.530.330.75-0.190.720.890.570.340.640.580.770.270.50.90.5-0.040.39-0.010.390.040.43-0.2-0.02
-0.570.64-0.510.29-0.72-0.19-0.68-0.04-0.62-0.580.36-0.3-0.42-0.40.42-0.06-0.710.62-0.950.55-0.95-0.72-0.180.280.35
0.86-0.160.71-0.160.890.72-0.680.690.520.380.250.430.810.15-0.040.660.62-0.540.78-0.490.780.380.09-0.42-0.09
0.770.30.560.190.670.89-0.040.690.310.260.560.460.780.150.350.920.29-0.110.2-0.20.2-0.160.210.01-0.02
0.77-0.090.490.310.760.57-0.620.520.310.830.050.850.540.810.270.290.94-0.20.67-0.130.670.630.75-0.1-0.2
0.64-0.320.370.120.720.34-0.580.380.260.83-0.290.80.350.95-0.050.120.81-0.280.54-0.30.540.590.550.32-0.33
0.330.760.010.230.140.640.360.250.560.05-0.290.220.3-0.210.680.580.030.16-0.120.33-0.12-0.40.11-0.310.64
0.730.160.380.410.690.58-0.30.430.460.850.80.220.440.810.440.270.85-0.050.380.00.380.410.660.110.01
0.82-0.010.790.170.780.77-0.420.810.780.540.350.30.440.210.20.780.51-0.280.53-0.330.530.210.35-0.24-0.2
0.52-0.160.210.260.560.27-0.40.150.150.810.95-0.210.810.210.110.010.75-0.10.37-0.110.370.460.670.42-0.22
0.240.870.020.850.00.50.42-0.040.350.27-0.050.680.440.20.110.330.20.68-0.190.68-0.19-0.330.53-0.010.18
0.70.290.510.160.60.9-0.060.660.920.290.120.580.270.780.010.330.2-0.10.23-0.140.23-0.190.22-0.2-0.08
0.79-0.110.470.210.810.5-0.710.620.290.940.810.030.850.510.750.20.2-0.270.78-0.180.780.630.59-0.13-0.11
-0.290.73-0.390.82-0.48-0.040.62-0.54-0.11-0.2-0.280.16-0.05-0.28-0.10.68-0.1-0.27-0.480.84-0.48-0.480.190.33-0.15
0.71-0.390.51-0.130.80.39-0.950.780.20.670.54-0.120.380.530.37-0.190.230.78-0.48-0.391.00.620.23-0.34-0.26
-0.260.73-0.50.65-0.45-0.010.55-0.49-0.2-0.13-0.30.330.0-0.33-0.110.68-0.14-0.180.84-0.39-0.39-0.40.180.010.11
0.71-0.390.51-0.130.80.39-0.950.780.20.670.54-0.120.380.530.37-0.190.230.78-0.481.0-0.390.620.23-0.34-0.26
0.36-0.580.4-0.190.490.04-0.720.38-0.160.630.59-0.40.410.210.46-0.33-0.190.63-0.480.62-0.40.620.22-0.28-0.22
0.460.110.450.640.360.43-0.180.090.210.750.550.110.660.350.670.530.220.590.190.230.180.230.220.07-0.31
-0.130.06-0.240.22-0.13-0.20.28-0.420.01-0.10.32-0.310.11-0.240.42-0.01-0.2-0.130.33-0.340.01-0.34-0.280.07-0.18
-0.120.41-0.42-0.29-0.17-0.020.35-0.09-0.02-0.2-0.330.640.01-0.2-0.220.18-0.08-0.11-0.15-0.260.11-0.26-0.22-0.31-0.18
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Lakeland Industries Account Relationship Matchups

Lakeland Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets99.4M139.9M140.8M142.9M153.7M161.4M
Short Long Term Debt Total3.4M2.4M4.9M5.2M12.3M9.5M
Other Current Liab3.7M5.7M4.6M9.8M7.1M7.4M
Total Current Liabilities12.9M15.4M12.0M18.6M18.3M12.3M
Total Stockholder Equity85.1M122.9M125.1M120.0M123.5M129.6M
Property Plant And Equipment Net12.4M12.2M14.0M14.6M21.7M22.7M
Net Debt(11.2M)(50.2M)(47.8M)(19.4M)(12.9M)(12.3M)
Retained Earnings17.6M52.7M62.9M64.8M69.3M72.7M
Non Current Assets Total19.6M16.3M20.1M36.3M52.2M54.9M
Net Receivables17.7M21.7M18.5M17.3M19.2M11.8M
Common Stock Shares Outstanding8.0M8.1M8.1M7.7M7.5M5.7M
Liabilities And Stockholders Equity99.4M139.9M140.8M142.9M153.7M161.4M
Non Current Liabilities Total1.4M1.6M3.7M4.3M11.9M12.5M
Inventory44.2M43.8M47.7M58.2M51.3M31.4M
Other Current Assets2.0M5.5M1.7M5.5M5.9M6.2M
Other Stockholder Equity70.1M71.8M63.6M58.8M59.4M36.2M
Total Liab14.4M17.0M15.7M22.9M30.3M17.6M
Property Plant And Equipment Gross12.4M12.2M8.7M14.6M39.3M41.2M
Total Current Assets79.8M123.6M120.6M106.6M101.5M54.4M
Accumulated Other Comprehensive Income(2.8M)(1.6M)(1.5M)(3.7M)(5.4M)(5.1M)
Short Term Debt2.0M768K1.2M1.7M2.5M2.3M
Cash14.6M52.6M52.7M24.6M25.2M26.5M
Non Currrent Assets Other158K98K112K490K110K115.5K
Cash And Short Term Investments14.6M52.6M52.7M24.6M25.2M26.5M
Accounts Payable7.2M7.4M5.9M6.6M7.4M5.1M
Other Assets6.4M3.3M3.4M2.9M3.3M4.5M
Property Plant Equipment10.1M9.8M8.7M9.1M10.5M10.0M
Net Tangible Assets85.1M122.9M125.1M111.5M128.2M88.4M
Retained Earnings Total Equity17.6M52.7M62.9M64.8M74.5M78.2M
Capital Surpluse75.2M76.8M77.8M78.5M90.2M74.0M

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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 Insider Screener module to find insiders across different sectors to evaluate their impact on performance.
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
Earnings Share
(0.08)
Revenue Per Share
18.695
Quarterly Revenue Growth
0.165
Return On Assets
0.0085
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.