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Lakeland Industries (Lakeland Industries) Equity-to-Asset

: 0.80 (As of Jan. 2024)
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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lakeland Industries's Total Stockholders Equity for the quarter that ended in Jan. 2024 was $123.5 Mil. Lakeland Industries's Total Assets for the quarter that ended in Jan. 2024 was $153.7 Mil. Therefore, Lakeland Industries's Equity to Asset Ratio for the quarter that ended in Jan. 2024 was 0.80.

The historical rank and industry rank for Lakeland Industries's Equity-to-Asset or its related term are showing as below:

LAKE' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.68   Med: 0.85   Max: 0.89
Current: 0.8

During the past 13 years, the highest Equity to Asset Ratio of Lakeland Industries was 0.89. The lowest was 0.68. And the median was 0.85.

LAKE's Equity-to-Asset is ranked better than
85.74% of 1087 companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.52 vs LAKE: 0.80

Lakeland Industries Equity-to-Asset Historical Data

The historical data trend for Lakeland Industries's Equity-to-Asset can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lakeland Industries Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Equity-to-Asset
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.86 0.87 0.89 0.84 0.80

Lakeland Industries Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Equity-to-Asset Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.84 0.83 0.82 0.83 0.80

Competitive Comparison

For the Apparel Manufacturing subindustry, Lakeland Industries's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lakeland Industries Equity-to-Asset Distribution

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Lakeland Industries's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Lakeland Industries's Equity-to-Asset falls into.



Lakeland Industries Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Lakeland Industries's Equity to Asset Ratio for the fiscal year that ended in Jan. 2024 is calculated as

Equity to Asset (A: Jan. 2024 )=Total Stockholders Equity/Total Assets
=123.45/153.745
=0.80

Lakeland Industries's Equity to Asset Ratio for the quarter that ended in Jan. 2024 is calculated as

Equity to Asset (Q: Jan. 2024 )=Total Stockholders Equity/Total Assets
=123.45/153.745
=0.80

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Lakeland Industries  (NAS:LAKE) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Lakeland Industries Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of Lakeland Industries's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Lakeland Industries (Lakeland Industries) Business Description

Traded in Other Exchanges
Address
1525 Perimeter Parkway, Suite 325, Huntsville, AL, USA, 35806
Lakeland Industries Inc manufactures and sells safety garments and accessories for the industrial protective clothing market. Its product segments include Disposables, Chemicals, Fire, Gloves, High Visibility, High-Performance Wear, and Wovens. Its customers include integrated oil, chemical/petrochemical, utilities, automobile, steel, glass, construction, smelting, munition plants, janitorial, pharmaceutical, and mortuaries, as well as scientific and medical laboratories. The company's geographical segments include the United States, Latin America, Canada, Asia, Mexico, Europe (United Kingdom), and Other Foreign.
Executives
Joshua J Sletten officer: VP Corp Development & Strategy 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Melissa Kidd director 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Herring Ronald N Jr director
Roger D Shannon officer: Chief Financial Officer 15415 SHELBYVILLE ROAD, LOUISVILLE KY 40245
An Hui officer: VP of Procurement & Asia Mfg. 1525 PERIMETER PARKWAY, SUITE 325, HUNTSTVILLE AL 35806
Christopher James Ryan director 3555 VETERANS MEMORIAL HWY, SUITE C, RONKONKOMA NY 11779
Allen E Dillard officer: COO & CFO 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Charles D Roberson director, officer: CEO, President and Secretary 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Steven L Harvey officer: Exec. VP, Sales and Marketing 1525 PERIMETER PARKWAY, SUITE 325, HUNTSVILLE AL 35806
Thomas J Mcateer director 54 CEDAR POINT DRIVE, WEST ISLIP NY 11795
Jeffrey T Schlarbaum director 105 NORTON STREET, NEWARK NY 14513
Nikki Hamblin director 2 RED OAK LANE, PITTSFORD NY 14534
Alfred John Kreft director 3333 ALLEN PARK WAY, #2004, HOUSTON TX 77019
Daniel L. Edwards officer: Sr. VP Sales for North America 6794 MEADOW VIEW DRIVE, SUMMERFIELD NC 27358
Stephen M Bachelder director, officer: Chief Operating Officer 3555 VETERANS MEMORIAL HWY, SUITE C, RONKONKOMA NY 11779