Lakeland Industries, Inc.

Lakeland Industries, Inc.verified

LAKE

Price:

$20.23

Market Cap:

$149.63M

Lakeland Industries, Inc. manufactures and sells industrial protective clothing and accessories for the industrial and public protective clothing market worldwide. It offers limited use/disposable protective clothing, such as coveralls, laboratory coats, shirts, pants, hoods, aprons, sleeves, arm guards, caps, and smocks; high-end chemical protective suits to provide protection from highly concentrated, toxic and/or lethal chemicals, and biological toxins; and firefighting and heat protective apparel to protect against fire. The company also provides durable woven garments, including electrostatic dissipative apparel used in electronics clean rooms; flame resistant meta aramid, para aramid, ...[Read more]

Industry

Apparel - Manufacturers

IPO Date

1986-09-09

Stock Exchange

NASDAQ

Ticker

LAKE

The Current Ratio as of September 2024 (TTM) for Lakeland Industries, Inc. (LAKE) is 4.24

According to Lakeland Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 4.24. This represents a change of -22.51% compared to the average of 5.47 of the last 4 quarters.

Lakeland Industries, Inc. (LAKE) Historical Current Ratio (quarterly & annually)

How has LAKE Current Ratio performed in the past?

The mean historical Current Ratio of Lakeland Industries, Inc. over the last ten years is 6.10. The current 4.24 Current Ratio has changed 6.84% with respect to the historical average. Over the past ten years (40 quarters), LAKE's Current Ratio was at its highest in in the January 2022 quarter at 10.04. The Current Ratio was at its lowest in in the April 2015 quarter at 2.41.

Quarterly (TTM)
Annual

Average

6.10

Median

5.95

Minimum

2.80

Maximum

10.04

Lakeland Industries, Inc. (LAKE) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Lakeland Industries, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 52.81%

Maximum Annual Current Ratio = 10.04

Minimum Annual Increase = -42.90%

Minimum Annual Current Ratio = 2.80

Quarterly (TTM)
Annual
YearCurrent RatioChange
20245.53-3.51%
20235.73-42.90%
202210.0425.05%
20218.0330.18%
20206.17-15.54%
20197.30-0.92%
20187.3751.19%
20174.8852.81%
20163.1913.75%
20152.8015.42%

Lakeland Industries, Inc. (LAKE) Average Current Ratio

How has LAKE Current Ratio performed in the past?

The current Current Ratio of Lakeland Industries, Inc. (LAKE) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

7.10

5-year avg

7.10

10-year avg

6.10

Lakeland Industries, Inc. (LAKE) Current Ratio vs. Peers

How is LAKE’s Current Ratio compared to its peers?

Lakeland Industries, Inc.’s Current Ratio is greater than Vince Holding Corp. (1.61), greater than Oxford Industries, Inc. (1.27), greater than Gildan Activewear Inc. (2.35), greater than Columbia Sportswear Company (3.39), greater than Kontoor Brands, Inc. (2.74), greater than Superior Group of Companies, Inc. (2.82), greater than Jerash Holdings (US), Inc. (3.63), greater than G-III Apparel Group, Ltd. (2.92), greater than JX Luxventure Limited (2.88), greater than Delta Apparel, Inc. (1.01),

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