Lakeland Industries Balance Sheet Health
Financial Health criteria checks 6/6
Lakeland Industries has a total shareholder equity of $123.5M and total debt of $1.0M, which brings its debt-to-equity ratio to 0.8%. Its total assets and total liabilities are $153.7M and $30.3M respectively. Lakeland Industries's EBIT is $5.3M making its interest coverage ratio 101. It has cash and short-term investments of $25.2M.
Key information
0.8%
Debt to equity ratio
US$1.03m
Debt
| Interest coverage ratio | 101x |
| Cash | US$25.22m |
| Equity | US$123.45m |
| Total liabilities | US$30.30m |
| Total assets | US$153.75m |
Recent financial health updates
Recent updates
Shareholders Should Be Pleased With Lakeland Industries, Inc.'s (NASDAQ:LAKE) Price
May 23
Lakeland's Revenues Could Grow By 50% Post-Acquisitions, But It Is Still Overvalued
May 08Lakeland Industries (NASDAQ:LAKE) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 19Lakeland Is Changing But Still Overvalued
Feb 15Lakeland Industries, Inc. (NASDAQ:LAKE) Looks Just Right With A 26% Price Jump
Jan 03The Returns On Capital At Lakeland Industries (NASDAQ:LAKE) Don't Inspire Confidence
Apr 17Lakeland Industries Is A Little Too Expensive
Sep 25Lakeland Industries, Inc. (NASDAQ:LAKE) Shares Could Be 23% Above Their Intrinsic Value Estimate
Sep 13Lakeland Non-GAAP EPS of $0.15 misses by $0.12, revenue of $28.2M misses by $1.35M
Sep 08Lakeland Industries: Down But Not Out
Aug 15Lakeland Industries: A Possible Value Trap
Feb 15Time To Buy Lakeland Industries
Sep 27Lakeland Industries: Q2 Suggests Caution, But Not Despair
Sep 15Shareholders Would Enjoy A Repeat Of Lakeland Industries' (NASDAQ:LAKE) Recent Growth In Returns
Sep 11Lakeland Industries: Buy This Stock To Inoculate Your Portfolio Against The Delta Variant
Jul 21Lakeland EPS beats by $0.03, beats on revenue
Jun 09I Ran A Stock Scan For Earnings Growth And Lakeland Industries (NASDAQ:LAKE) Passed With Ease
Jun 02Are Investors Undervaluing Lakeland Industries, Inc. (NASDAQ:LAKE) By 32%?
May 03Financial Position Analysis
Short Term Liabilities: LAKE's short term assets ($101.5M) exceed its short term liabilities ($18.3M).
Long Term Liabilities: LAKE's short term assets ($101.5M) exceed its long term liabilities ($11.9M).
Debt to Equity History and Analysis
Debt Level: LAKE has more cash than its total debt.
Reducing Debt: LAKE's debt to equity ratio has reduced from 1.6% to 0.8% over the past 5 years.
Debt Coverage: LAKE's debt is well covered by operating cash flow (1060.4%).
Interest Coverage: LAKE's interest payments on its debt are well covered by EBIT (101x coverage).