Lakeland Industries Financial Health
How is Lakeland Industries's financial position?
Financial Health Score6/6
Financial Health Score 6/6
Short Term Liabilities
Long Term Liabilities
Financial Position Analysis
Short Term Liabilities: LAKE's short term assets ($114.2M) exceed its short term liabilities ($12.7M).
Long Term Liabilities: LAKE's short term assets ($114.2M) exceed its long term liabilities ($4.9M).
Debt to Equity History and Analysis
Debt Level: LAKE is debt free.
Reducing Debt: LAKE has no debt compared to 5 years ago when its debt to equity ratio was 2.6%.
Debt Coverage: LAKE has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: LAKE has no debt, therefore coverage of interest payments is not a concern.