Lakeland Industries Balance Sheet Health
Financial Health criteria checks 5/6
Lakeland Industries has a total shareholder equity of $125.1M and total debt of $13.0M, which brings its debt-to-equity ratio to 10.4%. Its total assets and total liabilities are $171.5M and $46.4M respectively. Lakeland Industries's EBIT is $5.3M making its interest coverage ratio 24.5. It has cash and short-term investments of $28.4M.
Key information
10.4%
Debt to equity ratio
US$12.97m
Debt
Interest coverage ratio | 24.5x |
Cash | US$28.37m |
Equity | US$125.11m |
Total liabilities | US$46.41m |
Total assets | US$171.52m |
Recent financial health updates
Recent updates
Shareholders 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 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 ($113.8M) exceed its short term liabilities ($21.1M).
Long Term Liabilities: LAKE's short term assets ($113.8M) exceed its long term liabilities ($25.3M).
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 1.8% to 10.4% over the past 5 years.
Debt Coverage: LAKE's debt is well covered by operating cash flow (58.1%).
Interest Coverage: LAKE's interest payments on its debt are well covered by EBIT (24.5x coverage).