Lakeland Industries Balance Sheet Health
Financial Health criteria checks 4/6
Lakeland Industries has a total shareholder equity of $146.6M and total debt of $17.4M, which brings its debt-to-equity ratio to 11.8%. Its total assets and total liabilities are $212.5M and $65.9M respectively. Lakeland Industries's EBIT is $7.2M making its interest coverage ratio 4.3. It has cash and short-term investments of $17.5M.
Key information
11.84%
Debt to equity ratio
US$17.37m
Debt
| Interest coverage ratio | 4.3x |
| Cash | US$17.48m |
| Equity | US$146.63m |
| Total liabilities | US$65.91m |
| Total assets | US$212.53m |
Recent financial health updates
Recent updates
Lakeland Is More Reasonably Priced And Fair, But I Can Wait A Few Quarters
May 12Lakeland Back To Overvalued Territory Despite Real Organic Growth Of 3%
Jan 08Lakeland Industries: Maintaining A Neutral Assessment As Earnings Near
Dec 03Lakeland Industries (NASDAQ:LAKE) Has A Somewhat Strained Balance Sheet
Nov 08
Global Fire Services Expansion And Strategic Acquisitions Set To Ignite Revenue And Profit Margins
LHD acquisition and integration of Pacific Helmets aim to boost Lakeland's market penetration and revenue growth through enhanced global fire services offerings.Lakeland Industries Shareholders Risk Dilution With New Offering
Jul 15Shareholders Should Be Pleased With Lakeland Industries, Inc.'s (NASDAQ:LAKE) Price
May 23Lakeland'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 08Financial Position Analysis
Short Term Liabilities: LAKE's short term assets ($136.5M) exceed its short term liabilities ($34.9M).
Long Term Liabilities: LAKE's short term assets ($136.5M) exceed its long term liabilities ($31.0M).
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 increased from 1.4% to 11.8% over the past 5 years.
Debt Coverage: LAKE's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: LAKE's interest payments on its debt are well covered by EBIT (4.3x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/05/19 22:47 |
| End of Day Share Price | 2025/05/19 00:00 |
| Earnings | 2025/01/31 |
| Annual Earnings | 2025/01/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Lakeland Industries, Inc. is covered by 10 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Mark Zinski | 21st Century Equity Research |
| Michael Legg | Benchmark Company |
| Alex Fuhrman | Craig-Hallum Capital Group LLC |