Lakeland Industries Stock

Lakeland Industries ROA 2024

Lakeland Industries ROA

0.04

Ticker

LAKE

ISIN

US5117951062

WKN

897575

In 2024, Lakeland Industries's return on assets (ROA) was 0.04, a -56.42% increase from the 0.08 ROA in the previous year.

Lakeland Industries Aktienanalyse

What does Lakeland Industries do?

Lakeland Industries Inc is a company specializing in the production and sale of protective clothing and equipment. It was founded in 1982 in Ronkonkoma, New York, and is headquartered there. The founder and CEO of Lakeland Industries, Christopher J. Ryan, started his career as a salesman of protective clothing and equipment in the 1970s. In the 1980s, he saw the need to establish his own brand, offering high-quality protective equipment and clothing that met the needs of workers and professionals in the safety and health protection field. Lakeland Industries' business model is focused on the production and sale of protective clothing and equipment that help workers overcome daily challenges and hazards in the workplace. The company also sells its products to government agencies, military, and other professional organizations that require protective clothing and equipment. Its customers are typically companies from various industries such as construction, industry, chemical and petrochemical companies, healthcare facilities, fire and rescue services, as well as agriculture. Lakeland Industries divides its business into three divisions: protective clothing, protective equipment, and others. The protective clothing division offers protective clothing such as disposable coveralls, chemical protective suits, flame-resistant clothing, insulation clothing, wet and dry suits, as well as durable protective clothing that protects against cuts or punctures. The company's protective equipment division offers various helmets and safety goggles, respiratory masks, gloves, knee pads, and boots. Other products from Lakeland Industries include electronic products such as sound level meters, gas detectors and monitors, as well as specialized garments and equipment for fire protection and fire safety. Lakeland Industries offers a wide range of products tailored to the needs of companies and workers. The products are available in various sizes and colors, providing high protection and comfort. Lakeland Industries' protective clothing is made from high-quality materials that meet the standards and requirements in the protective clothing industry. Most of Lakeland Industries' products are certified and meet the requirements of European, Asian, and American safety and health standards. In conclusion, Lakeland Industries is a renowned company that offers high-quality protective clothing and equipment. The company specializes in health protection and workplace safety and is a competent partner and provider of comprehensive solutions in this field. With its many years of experience and esteemed products and services, the company is one of the leading providers in the field of protective clothing and equipment, known worldwide. Lakeland Industries ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding Lakeland Industries's Return on Assets (ROA)

Lakeland Industries's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing Lakeland Industries's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider Lakeland Industries's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in Lakeland Industries’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about Lakeland Industries stock

What is the Return on Assets (ROA) of Lakeland Industries this year?

The Return on Assets (ROA) of Lakeland Industries is 0.04 undefined this year.

What was the ROA of Lakeland Industries compared to the previous year?

The ROA of Lakeland Industries has increased by -56.42% compared to the previous year.

What consequences do high ROA have for investors of Lakeland Industries?

A high ROA is advantageous for investors of Lakeland Industries, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in Lakeland Industries?

A low ROA can be unfavorable for investors of Lakeland Industries as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of Lakeland Industries affect the company?

An increase in ROA of Lakeland Industries can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of Lakeland Industries impact the company?

A reduction in the ROA of Lakeland Industries can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of Lakeland Industries?

Some factors that can influence the ROA of Lakeland Industries include revenue, operating costs, asset structure, and industry average.

Why is the ROA of Lakeland Industries important for investors?

The ROA of Lakeland Industries is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can Lakeland Industries take to improve ROA?

To improve ROA, Lakeland Industries can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does Lakeland Industries pay?

Over the past 12 months, Lakeland Industries paid a dividend of 0.09 USD . This corresponds to a dividend yield of about 0.47 %. For the coming 12 months, Lakeland Industries is expected to pay a dividend of 0.09 USD.

What is the dividend yield of Lakeland Industries?

The current dividend yield of Lakeland Industries is 0.47 %.

When does Lakeland Industries pay dividends?

Lakeland Industries pays a quarterly dividend. This is distributed in the months of December, March, June, September.

How secure is the dividend of Lakeland Industries?

Lakeland Industries paid dividends every year for the past 0 years.

What is the dividend of Lakeland Industries?

For the upcoming 12 months, dividends amounting to 0.09 USD are expected. This corresponds to a dividend yield of 0.47 %.

In which sector is Lakeland Industries located?

Lakeland Industries is assigned to the 'Cyclical consumption' sector.

Wann musste ich die Aktien von Lakeland Industries kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of Lakeland Industries from 8/22/2024 amounting to 0.03 USD, you needed to have the stock in your portfolio before the ex-date on 8/15/2024.

When did Lakeland Industries pay the last dividend?

The last dividend was paid out on 8/22/2024.

What was the dividend of Lakeland Industries in the year 2023?

In the year 2023, Lakeland Industries distributed 0.12 USD as dividends.

In which currency does Lakeland Industries pay out the dividend?

The dividends of Lakeland Industries are distributed in USD.

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Andere Kennzahlen von Lakeland Industries

Our stock analysis for Lakeland Industries Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of Lakeland Industries Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.