Lakeland Industries Financials

LAKE Stock  USD 16.23  0.25  1.52%   
Based on the key indicators related to Lakeland Industries' liquidity, profitability, solvency, and operating efficiency, Lakeland Industries may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Lakeland Industries' Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Total Stockholder Equity is expected to grow to about 129.6 M, whereas Total Current Liabilities is forecasted to decline to about 12.3 M. Key indicators impacting Lakeland Industries' financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Debt Equity Ratio0.02460.0259
Notably Down
Slightly volatile
Current Ratio4.45.5328
Significantly Down
Slightly volatile
The financial analysis of Lakeland Industries is a critical element in measuring its lifeblood. The essential information of the day-to-day investment outlook for Lakeland Industries includes many different criteria found on its balance sheet. For example, investors should never minimize Lakeland Industries' ability to pay suppliers or employees on time, making sure interest payments are not accumulating or correctly timing where and how to re-invest extra cash. Any individual investor needs to monitor Lakeland Industries' cash flow, debt, and profitability to effectively and accurately make more informed decisions on whether to invest in Lakeland Industries.

Net Income

5.7 Million

With this module, you can analyze Lakeland financials for your investing period. You should be able to track the changes in Lakeland Industries individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
  
Understanding current and past Lakeland Industries Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Lakeland Industries' financial statements are interrelated, with each one affecting the others. For example, an increase in Lakeland Industries' assets may result in an increase in income on the income statement.
The data published in Lakeland Industries' official financial statements usually reflect Lakeland Industries' business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Lakeland Industries. For example, before you start analyzing numbers published by Lakeland accountants, it's critical to develop an understanding of what Lakeland Industries' liquidity, profitability, and earnings quality are in the context of the Textiles, Apparel & Luxury Goods space in which it operates.
Please note, the presentation of Lakeland Industries' financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Lakeland Industries' management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Lakeland Industries' accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Lakeland Industries. Please utilize our Beneish M Score to check the likelihood of Lakeland Industries' management manipulating its earnings.

Lakeland Industries Stock Summary

Lakeland Industries competes with Signet Jewelers, TheRealReal, and Envela Corp. Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. The company was incorporated in 1982 and is headquartered in Huntsville, Alabama. Lakeland Inds operates under Apparel Manufacturing classification in the United States and is traded on NASDAQ Exchange. It employs 1800 people.
Specialization
Consumer Discretionary, Consumer Durables & Apparel
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS5117951062
CUSIP511795106
LocationAlabama; U.S.A
Business Address1525 Perimeter Parkway,
SectorTextiles, Apparel & Luxury Goods
IndustryConsumer Discretionary
BenchmarkNYSE Composite
Websitewww.lakeland.com
Phone256 350 3873
CurrencyUSD - US Dollar
You should never invest in Lakeland Industries without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Lakeland Stock, because this is throwing your money away. Analyzing the key information contained in Lakeland Industries' financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.

Lakeland Industries Key Financial Ratios

Generally speaking, Lakeland Industries' financial ratios allow both analysts and investors to convert raw data from Lakeland Industries' financial statements into concise, actionable information that can be used to evaluate the performance of Lakeland Industries over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Lakeland Industries reports annually and quarterly.

Lakeland Industries Key Balance Sheet Accounts

201920202021202220232024 (projected)
Total Assets99.4M139.9M140.8M142.9M153.7M161.4M
Other Current Liab3.7M7.2M4.9M10.4M7.1M7.4M
Net Debt(11.2M)(50.2M)(47.8M)(19.4M)(12.9M)(12.3M)
Retained Earnings17.6M52.7M62.9M64.8M69.3M72.7M
Net Receivables17.7M21.7M14.8M17.3M19.2M11.7M
Inventory44.2M43.8M47.7M58.2M51.3M31.4M
Other Current Assets2.0M4.1M3.8M4.1M5.9M6.2M
Total Liab14.4M17.0M15.7M22.9M30.3M17.6M
Total Current Assets79.8M123.6M120.6M106.6M101.5M54.4M
Short Term Debt2.0M768K1.2M1.7M2.5M2.3M
Cash14.6M52.6M52.7M24.6M25.2M26.5M
Accounts Payable7.2M7.4M5.9M6.6M7.4M5.1M
Other Assets6.4M3.3M3.4M2.9M3.3M4.5M
Net Tangible Assets85.1M122.9M125.1M111.5M128.2M88.4M
Capital Surpluse75.2M76.8M77.8M78.5M90.2M74.0M

Lakeland Industries Key Income Statement Accounts

An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Lakeland Industries' earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
201920202021202220232024 (projected)
Interest Expense116K23K15K37K52K49.4K
Total Revenue107.8M159M118.4M112.8M124.7M82.2M
Gross Profit37.9M79.3M50.9M45.8M51.2M53.8M
Operating Income5.9M43.9M16.0M4.0M6.5M5.3M
Ebit5.9M43.9M16.0M4.0M6.5M5.1M
Ebitda7.5M43.9M16.2M5.5M8.6M6.0M
Cost Of Revenue69.9M79.8M67.5M67.0M73.5M58.6M
Income Before Tax5.8M43.9M16.2M5.5M9.4M9.8M
Net Income3.3M35.3M11.4M1.9M5.4M5.7M
Income Tax Expense2.5M8.8M4.8M3.6M3.9M4.1M
Tax Provision2.5M8.8M4.8M3.6M3.9M4.8M
Net Interest Income(116K)(23K)(15K)(37K)(52K)(54.6K)

Lakeland Industries Key Cash Accounts

Cash flow analysis captures how much money flows into and out of Lakeland Industries. It measures of how well Lakeland is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Lakeland Industries brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Lakeland had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Lakeland Industries has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
201920202021202220232024 (projected)
Change To Inventory(2.2M)547K(4.4M)(9.7M)7.7M8.1M
Change In Cash1.8M38.0M123K(28.1M)583K1.1M
Free Cash Flow2.6M39.0M12.0M(7.4M)8.8M9.3M
Depreciation1.6M2.0M1.9M1.5M2.1M1.2M
Other Non Cash Items1.0M108K81K539K(5.6M)(5.9M)
Capital Expenditures1.0M1.7M801K2.0M2.1M1.5M
Net Income3.3M35.1M11.4M1.9M5.4M3.0M
End Period Cash Flow14.6M52.6M52.7M24.6M25.2M26.5M
Change Receivables(1.4M)(4.0M)(6.7M)(2.3M)(2.1M)(2.2M)
Net Borrowings(158K)(1.2M)405K(405K)(465.8K)(489.0K)
Investments(1.0M)(1.7M)(3.6M)(14.8M)(5.1M)(5.4M)

Lakeland Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Lakeland Industries's current stock value. Our valuation model uses many indicators to compare Lakeland Industries value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Lakeland Industries competition to find correlations between indicators driving Lakeland Industries's intrinsic value. More Info.
Lakeland Industries is rated third overall in return on equity category among related companies. It is rated third overall in return on asset category among related companies reporting about  0.50  of Return On Asset per Return On Equity. The ratio of Return On Equity to Return On Asset for Lakeland Industries is roughly  2.02 . At present, Lakeland Industries' Return On Equity is projected to increase slightly based on the last few years of reporting.Comparative valuation analysis is a catch-all model that can be used if you cannot value Lakeland Industries by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Lakeland Industries' Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Lakeland Industries' earnings, one of the primary drivers of an investment's value.

Lakeland Industries Systematic Risk

Lakeland Industries' systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Lakeland Industries volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
Incorrect Input. Please change your parameters or increase the time horizon required for running this function. The output start index for this execution was zero with a total number of output elements of zero. The Beta measures systematic risk based on how returns on Lakeland Industries correlated with the market. If Beta is less than 0 Lakeland Industries generally moves in the opposite direction as compared to the market. If Lakeland Industries Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Lakeland Industries is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Lakeland Industries is generally in the same direction as the market. If Beta > 1 Lakeland Industries moves generally in the same direction as, but more than the movement of the benchmark.

About Lakeland Industries Financials

What exactly are Lakeland Industries Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Lakeland Industries' income statement, its balance sheet, and the statement of cash flows. Potential Lakeland Industries investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Lakeland Industries investors may use each financial statement separately, they are all related. The changes in Lakeland Industries's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Lakeland Industries's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.

Steps to analyze Lakeland Industries Financials for Investing

There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Lakeland Industries is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Lakeland has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it.
In summary, you can determine if Lakeland Industries' financials are consistent with your investment objective using the following steps:
  • Review Lakeland Industries' balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
  • Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
  • Study the cash flow inflows and outflows to understand Lakeland Industries' liquidity and solvency.
  • Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
  • Compare Lakeland Industries' financials to those of its peers to see how it stacks up and identify any potential red flags.
  • Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Lakeland Industries' stock is overvalued or undervalued.
Remember, these are just guidelines and should not be the only basis for investment decisions. It is always important to analyze the leading stock market indicators., conduct additional research and seek professional advice if needed.
Today, most investors in Lakeland Industries Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Lakeland Industries' growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Lakeland Industries growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.13

At present, Lakeland Industries' Price Earnings To Growth Ratio is projected to slightly decrease based on the last few years of reporting.

Lakeland Industries April 23, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Lakeland Industries help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Lakeland Industries. We use our internally-developed statistical techniques to arrive at the intrinsic value of Lakeland Industries based on widely used predictive technical indicators. In general, we focus on analyzing Lakeland Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Lakeland Industries's daily price indicators and compare them against related drivers.
When determining whether Lakeland Industries is a strong investment it is important to analyze Lakeland Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Lakeland Industries' future performance. For an informed investment choice regarding Lakeland Stock, refer to the following important reports:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lakeland Industries. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in industry.
For information on how to trade Lakeland Stock refer to our How to Trade Lakeland Stock guide.
You can also try the Funds Screener module to find actively-traded funds from around the world traded on over 30 global exchanges.

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Is Lakeland Industries' industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lakeland Industries. If investors know Lakeland will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lakeland Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.789
Dividend Share
0.12
Earnings Share
0.72
Revenue Per Share
16.959
Quarterly Revenue Growth
0.077
The market value of Lakeland Industries is measured differently than its book value, which is the value of Lakeland that is recorded on the company's balance sheet. Investors also form their own opinion of Lakeland Industries' value that differs from its market value or its book value, called intrinsic value, which is Lakeland Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lakeland Industries' market value can be influenced by many factors that don't directly affect Lakeland Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lakeland Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Lakeland Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lakeland Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.