Lakeland Industries (FRA:LLI) Total Assets : €141.1 Mil (As of Jan. 2024)

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What is Lakeland Industries Total Assets?

Lakeland Industries's Total Assets for the quarter that ended in Jan. 2024 was €141.1 Mil.

Warning Sign:

If a company builds assets at 9.8% a year, faster than its revenue growth rate of 4.4% over the past 5 years, it means that the company may be getting less efficient.

During the past 12 months, Lakeland Industries's average Total Assets Growth Rate was 8.60% per year. During the past 3 years, the average Total Assets Growth Rate was 13.90% per year. During the past 5 years, the average Total Assets Growth Rate was 9.80% per year. During the past 10 years, the average Total Assets Growth Rate was 4.20% per year.

During the past 13 years, Lakeland Industries's highest 3-Year average Total Assets Growth Rate was 54.00%. The lowest was -7.30%. And the median was 5.65%.

Total Assets is connected with ROA %. Lakeland Industries's annualized ROA % for the quarter that ended in Jan. 2024 was -2.55%. Total Assets is also linked to Revenue through Asset Turnover. Lakeland Industries's Asset Turnover for the quarter that ended in Jan. 2024 was 0.20.

Lakeland Industries Total Assets Historical Data

The historical data trend for Lakeland Industries's Total Assets 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 Total Assets Chart

Lakeland Industries Annual Data

Trend

Jan15

Jan16

Jan17

Jan18

Jan19

Jan20

Jan21

Jan22

Jan23

Jan24

Total Assets

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89.56

114.57

124.46

132.65

141.14

Lakeland Industries Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Assets	Get a 7-Day Free Trial															132.65	132.33	133.28	140.45	141.14

Lakeland Industries Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

Lakeland Industries's Total Assets for the fiscal year that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (A: Jan. 2024 )	+	Total Liabilities (A: Jan. 2024 )
	=	113.327	+	27.811
	=	141.1

Lakeland Industries's Total Assets for the quarter that ended in Jan. 2024 is calculated as

Total Assets	=	Total Equity (Q: Jan. 2024 )	+	Total Liabilities (Q: Jan. 2024 )
	=	113.327	+	27.811
	=	141.1

Lakeland Industries (FRA:LLI) Total Assets Explanation

Total Assets is connected with ROA %.

Lakeland Industries's annualized ROA % for the quarter that ended in Jan. 2024 is

ROA %	=	Net Income (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
	=	-3.588	/	( (140.454	+	141.138)	/ 2 )
	=	-3.588	/	140.796
	=	-2.55 %

Note: The Net Income data used here is four times the quarterly (Jan. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

Lakeland Industries's Asset Turnover for the quarter that ended in Jan. 2024 is

	Asset Turnover
=	Revenue (Q: Jan. 2024 )	/	( (Total Assets (Q: Oct. 2023 )	+	Total Assets (Q: Jan. 2024 ))	/ count )
=	28.677	/	( (140.454	+	141.138)	/ 2 )
=	28.677	/	140.796
=	0.20

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

Lakeland Industries Total Assets Related Terms

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Lakeland Industries (FRA:LLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Lakeland Industries Inc (FRA:LLI) » Definitions » Total Assets

Comparable Companies

Traded in Other Exchanges

LAKE:USA

Address

1525 Perimeter Parkway, Suite 325, Huntsville, AL, USA, 35806

Website

https://www.lakeland.com

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.

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