Lakeland Story

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LAKE -- USA Stock  

USD 27.17  0.08  0.29%

Lakeland Industries is scheduled to announce its earnings today. The next earnings report is expected on the 21st of April 2021. Lakeland Industries Earnings before Tax are projected to increase significantly based on the last few years of reporting. The past year's Earnings before Tax were at 5.75 Million. The current year Average Equity is expected to grow to about 84.4 M, whereas Enterprise Value is forecasted to decline to about 96.6 M. As many millenniums are trying to avoid consumer cyclical space, it makes sense to digest Lakeland Industries a little further and try to understand its current market patterns.
Published over a month ago
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How much will Lakeland Industries owe in January?
Lakeland Industries currently holds 2.03 M in liabilities with Debt to Equity (D/E) ratio of 0.02, which may suggest Lakeland Industries is not taking enough advantage from borrowing. The entity has a current ratio of 5.94, suggesting that it is liquid enough and is able to pay its financial obligations when due.
Lakeland Industries financial leverage ratio helps determine the effect of debt on the overall profitability of the company. It measures the total debt position of Lakeland Industries, including all of Lakeland Industries's outstanding debt obligations, and compares it with the equity. In simple terms, the high financial leverage means the cost of production, together with running the business day-to-day, is high, whereas, lower financial leverage implies lower fixed cost investment in the business and generally considered by investors to be a good sign. So if creditors own a majority of Lakeland Industries assets, the company is considered highly leveraged. Understanding the composition and structure of overall Lakeland Industries debt and outstanding corporate bonds gives a good idea of how risky the capital structure of a business is and if it is worth investing in it. Please read more on our technical analysis page.

Understanding Lakeland Total Liabilities

Lakeland Industries liabilities are broken down into two parts on the balance sheet. These are short-term (or current) obligations and long-term debt. Lakeland Industries has to fulfill its short-term liabilities in this reporting year and should be no more than 12 months old. Long-term debt, on the other hand, is anything beyond the 12-month payment timeframe. Common short-term liabilities found on Lakeland Industries balance sheet include debt obligations and money owed to different Lakeland Industries vendors, workers, and loan providers. Below is the chart of Lakeland short long-term liabilities accounts currently reported on its balance sheet.
You can use Lakeland Industries financial leverage analysis tool to get a better grip on understanding its financial position

How important is Lakeland Industries's Liquidity

Lakeland Industries financial leverage refers to using borrowed capital as a funding source to finance Lakeland Industries ongoing operations. It is usually used to expand the firm's asset base and generate returns on borrowed capital. Lakeland Industries financial leverage is typically calculated by taking the company's all interest-bearing debt and dividing it by total capital. So the higher the debt-to-capital ratio (i.e., financial leverage), the riskier the company. Please check the breakdown between Lakeland Industries's total debt and its cash.

An Additional Perspective On Lakeland Industries

The firm reported the previous year's revenue of 136.26 M. Net Income was 20.32 M with profit before overhead, payroll, taxes, and interest of 37.9 M.

Liabilities Breakdown

13.8 M
Current Liabilities
Long-Term Liabilities
Total Liabilities17.07 Million
Current Liabilities13.81 Million
Long-Term Liabilities1.45 Million
Tax Liabilities87,750

Lakeland technical analysis indicates possible throwback

Latest downside variance is at 17.02. Lakeland Industries shows above-average downside volatility for the selected time horizon. We advise investors to inspect Lakeland Industries further and ensure that all market timing and asset allocation strategies are consistent with the estimation of Lakeland Industries future alpha.

Our Final Take On Lakeland Industries

Although some firms within the apparel manufacturing industry are still a little expensive, even after the recent corrections, Lakeland Industries may offer a potential longer-term growth to shareholders. Taking everything into account, as of the 10th of December 2020, our overall 30 days buy-or-sell advice on the firm is Sell. However, we believe Lakeland Industries is undervalued with very small odds of distress for the next two years.

About Contributor

This story should be regarded as informational only and should not be considered a solicitation to sell or buy any financial products. Macroaxis does not express any opinion as to the present or future value of any investments referred to in this post. This post may not be reproduced without the consent of Macroaxis LLC. Macroaxis LLC and Raphi Shpitalnik do not own shares of Lakeland Industries. Please refer to our Terms of Use for any information regarding our disclosure principles.

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