Lakeland Industries, Inc. (LAKE) Balance Sheet
LAKE balance sheet, FY2026
January 31, 2026 · U.S. dollars$209.9M assets = $80.8M liabilities + $129.1M equity
Both columns are drawn to the same scale: what LAKE owns equals what it owes plus shareholders’ equity. Hover a block for its value.
LAKE financial health
Descriptive bands, not a rating. Fiscal FY2026.
LAKE balance sheet trends, FY2017–FY2026
| Metric | Trend | Then | Latest | Change |
|---|---|---|---|---|
| Total assets | $84.6MFY2017 | $209.9MFY2026 | +10.6%/yr | |
| Total liabilities | $13.0MFY2017 | $80.8MFY2026 | +22.5%/yr | |
| Shareholders’ equity | $71.5MFY2017 | $129.1MFY2026 | +6.8%/yr | |
| Cash & short-term investments | $10.4MFY2017 | $12.5MFY2026 | +2.1%/yr | |
| Total debt | $5.8MFY2017 | $47.3MFY2026 | +26.3%/yr | |
| Net cash (debt) | $4.6MFY2017 | −$34.8MFY2026 | −$39.4M | |
| Working capital | $47.8MFY2017 | $96.2MFY2026 | +$48.5M | |
| Book value per share | $9.76FY2017 | $13.41FY2026 | +3.6%/yr | |
| Current ratio | 4.88FY2017 | 3.53FY2026 | −1.34 | |
| Debt / equity | 0.08FY2017 | 0.37FY2026 | +0.29 | |
| Shares outstanding | 7.3MFY2017 | 9.6MFY2026 | +3.1%/yr |
Change is the average annual growth (CAGR) or the difference between the first and latest year.
LAKE assets
LAKE liabilities and equity
LAKE debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease obligations.
LAKE balance sheet
| FY2026 | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Cash & short-term investments | $12.5M | $17.5M | $25.2M | $24.6M | $52.7M | $52.6M | $14.6M | $12.8M | $15.8M | $10.4M |
| Cash & equivalents | $12.5M | $17.5M | $25.2M | $24.6M | $52.7M | $52.6M | $14.6M | $12.8M | $15.8M | $10.4M |
| Short-term investments | — | $17.46B | — | — | — | — | — | — | $0 | $0 |
| Receivables | $32.0M | $33.7M | $19.2M | $20.8M | $20.2M | $21.7M | $17.7M | $16.5M | $14.1M | $10.7M |
| Inventory | $82.5M | $82.7M | $51.2M | $58.2M | $47.7M | $43.8M | $44.2M | $42.4M | $42.9M | $35.5M |
| Other current assets | $7.1M | $2.6M | $5.9M | $2.0M | $0 | $5.5M | $3.3M | $3.8M | $3.7M | $3.5M |
| Total current assets | $134.2M | $136.5M | $101.5M | $105.6M | $120.6M | $123.6M | $79.8M | $75.5M | $76.5M | $60.1M |
| Property, plant & equipment (net) | $22.9M | $27.9M | $21.7M | $14.6M | $14.0M | $12.2M | $12.4M | $10.8M | $8.8M | $8.5M |
| Goodwill & intangible assets | $47.0M | $41.7M | $20.5M | $14.5M | $871,000 | $871,000 | $871,000 | $871,000 | $1.7M | $966,000 |
| Long-term investments | $0 | $0 | $6.9M | $5.4M | $2.7M | $0 | $0 | $0 | $0 | $0 |
| Other non-current assets | $5.8M | $6.4M | $3.2M | $2.9M | $2.6M | $3.3M | $6.4M | $7.6M | $7.5M | $15.0M |
| Total assets | $209.9M | $212.5M | $153.7M | $142.9M | $140.8M | $139.9M | $99.4M | $94.7M | $94.5M | $84.6M |
| Liabilities | ||||||||||
| Accounts payable | $15.6M | $15.7M | $7.4M | $6.6M | $5.9M | $7.4M | $7.2M | $6.2M | $6.9M | $4.9M |
| Short-term debt | $6.6M | $4.5M | $2.5M | $1.7M | $1.2M | $768,000 | $2.0M | $158,000 | $369,000 | $5.1M |
| Deferred revenue | — | — | $1.5M | — | — | — | — | — | — | $2.7M |
| Total current liabilities | $38.0M | $34.9M | $18.3M | $18.6M | $12.0M | $15.4M | $12.9M | $10.3M | $10.4M | $12.3M |
| Long-term debt | $30.4M | $16.4M | $731,000 | $0 | $0 | $0 | $0 | $1.2M | $1.3M | $716,000 |
| Lease obligations | $15.0M | $14.3M | $11.3M | $4.8M | $4.9M | $2.4M | $2.2M | — | — | — |
| Other long-term liabilities | $12.5M | $14.6M | $11.2M | $4.3M | $3.7M | $1.6M | $1.4M | $0 | $0 | $6,000 |
| Total liabilities | $80.8M | $65.9M | $30.3M | $22.9M | $15.7M | $17.0M | $14.4M | $11.5M | $11.7M | $13.0M |
| Shareholders' equity | ||||||||||
| Common stock & paid-in capital | $112,000 | $109,000 | $87,000 | $87,000 | $86,000 | $85,000 | $85,000 | $85,000 | $85,000 | $76,000 |
| Retained earnings (deficit) | $23.9M | $50.3M | $69.3M | $64.8M | $62.9M | $52.7M | $17.6M | $14.3M | $12.8M | $12.4M |
| Treasury stock | — | — | — | −$19.6M | −$14.2M | −$5.0M | −$5.0M | −$4.5M | −$3.4M | −$3.4M |
| Accumulated other comprehensive income | −$4.3M | −$7.0M | −$5.4M | −$3.7M | −$1.5M | −$1.6M | −$2.8M | −$2.3M | −$1.7M | −$2.4M |
| Minority interest | — | — | — | — | — | — | — | — | $0 | $0 |
| Total shareholders' equity | $129.1M | $146.6M | $123.5M | $120.0M | $125.1M | $122.9M | $85.1M | $83.2M | $82.8M | $71.5M |
| Key figures | ||||||||||
| Total debt | $47.3M | $31.6M | $12.3M | $5.2M | $4.9M | $2.4M | $3.4M | $1.3M | $1.7M | $5.8M |
| Net cash (debt) | −$34.8M | −$14.2M | $12.9M | $19.4M | $47.8M | $50.2M | $11.2M | $11.5M | $14.1M | $4.6M |
| Working capital | $96.2M | $101.6M | $83.2M | $87.0M | $108.6M | $108.2M | $66.9M | $65.1M | $66.1M | $47.8M |
| Tangible book value | $82.1M | $104.9M | $103.0M | $105.5M | $124.2M | $122.0M | $84.2M | $82.4M | $81.1M | $70.5M |
| Book value per share | $13.41 | $19.74 | $16.37 | $15.51 | $15.53 | $15.10 | $10.58 | $10.19 | $10.77 | $9.76 |
| Shares outstanding | 9.6M | 7.4M | 7.5M | 7.7M | 8.1M | 8.1M | 8.0M | 8.2M | 7.7M | 7.3M |
| Current ratio | 3.53 | 3.91 | 5.53 | 5.68 | 10.04 | 8.03 | 6.17 | 7.30 | 7.37 | 4.88 |
| Quick ratio | 1.17 | 1.47 | 2.42 | 2.44 | 6.07 | 4.83 | 2.50 | 2.84 | 2.88 | 1.71 |
| Debt / equity | 0.37 | 0.22 | 0.10 | 0.04 | 0.04 | 0.02 | 0.04 | 0.02 | 0.02 | 0.08 |
| Equity / assets | 61.5% | 69.0% | 80.3% | 83.9% | 88.9% | 87.8% | 85.6% | 87.9% | 87.6% | 84.6% |
| Jul '26 | Apr '26 | Jan '26 | Oct '25 | Jul '25 | Apr '25 | Jan '25 | Oct '24 | Jul '24 | Apr '24 | Jan '24 | Oct '23 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||||
| Cash & short-term investments | $17.9M | $17.4M | $12.5M | $17.2M | $17.7M | $18.6M | $17.48B | $15.8M | $24.9M | $28.4M | $25.2M | $26.4M |
| Cash & equivalents | $17.9M | $17.4M | $12.5M | $17.2M | $17.7M | $18.6M | $17.48B | $15.8M | $24.9M | $28.4M | $25.2M | $26.4M |
| Short-term investments | — | — | — | — | — | — | $17.46B | — | — | — | — | — |
| Receivables | $32.0M | $31.5M | $36.7M | $35.1M | $35.9M | $33.7M | $27.61B | $36.7M | $35.7M | $29.3M | $19.2M | $20.6M |
| Inventory | $74.9M | $77.7M | $82.5M | $87.9M | $90.2M | $85.8M | $82.74B | $72.7M | $67.9M | $56.1M | $51.2M | $54.4M |
| Other current assets | $11.8M | $10.6M | $2.4M | $3.1M | $3.3M | $2.6M | $8.71B | $0 | $0 | $0 | $5.9M | $2.6M |
| Total current assets | $136.6M | $137.2M | $134.2M | $143.3M | $147.1M | $140.7M | $136.53B | $125.3M | $128.5M | $113.8M | $101.5M | $104.0M |
| Property, plant & equipment (net) | $21.6M | $22.7M | $22.9M | $22.9M | $22.6M | $28.2M | $27.86B | $27.1M | $24.6M | $24.0M | $21.7M | $19.7M |
| Goodwill & intangible assets | $42.2M | $46.1M | $47.0M | $49.7M | $41.1M | $43.2M | $41.74B | $37.9M | $34.8M | $23.1M | $20.5M | $14.2M |
| Long-term investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $7.4M | $7.3M | $7.4M | $6.9M | $6.5M |
| Other non-current assets | $6.1M | $6.3M | $5.8M | $4.8M | $15.6M | $6.0M | $6.39B | $3.4M | $3.3M | $3.2M | $3.2M | $3.9M |
| Total assets | $206.5M | $212.3M | $209.9M | $220.7M | $226.3M | $218.1M | $212.53B | $201.2M | $198.4M | $171.5M | $153.7M | $148.3M |
| Liabilities | ||||||||||||
| Accounts payable | $17.9M | $16.0M | $15.6M | $14.5M | $18.1M | $14.7M | $15.74B | $16.7M | $16.6M | $9.1M | $7.4M | $6.8M |
| Short-term debt | $5.5M | $6.0M | $6.6M | $5.1M | $5.2M | $5.2M | $4.54B | $3.5M | $2.5M | $2.2M | $2.5M | $1.5M |
| Deferred revenue | $5.2M | $6.6M | — | — | — | — | — | — | $365,000 | $175,000 | $1.5M | −$6.11B |
| Total current liabilities | $45.9M | $44.4M | $38.0M | $37.5M | $40.2M | $36.3M | $34.91B | $29.6M | $30.3M | $21.1M | $18.3M | $15.5M |
| Long-term debt | $26.9M | $25.8M | $30.4M | $37.1M | $28.1M | $24.7M | $16.4M | $31.1M | $29.5M | $13.0M | $731,000 | $0 |
| Lease obligations | $10.3M | $14.1M | $15.0M | $14.6M | $12.8M | $13.9M | $14.3M | $14.8M | $14.3M | $12.4M | $11.3M | $10.7M |
| Other long-term liabilities | $8.6M | $11.6M | $12.5M | $11.7M | $10.7M | $13.8M | $30.98B | $15.8M | $13.9M | $12.3M | $11.2M | $9.2M |
| Total liabilities | $81.4M | $81.8M | $80.8M | $86.2M | $79.0M | $74.7M | $65.91B | $76.5M | $73.7M | $46.4M | $30.3M | $24.7M |
| Shareholders' equity | ||||||||||||
| Common stock & paid-in capital | $112,000 | $112,000 | $112,000 | $112,000 | $109,000 | $109,000 | $109.0M | $88,000 | $87,000 | $87,000 | $87,000 | $87,000 |
| Retained earnings (deficit) | $19.3M | $24.2M | $23.9M | $30.4M | $46.6M | $46.1M | $50.32B | $69.0M | $69.1M | $70.7M | $69.3M | $70.5M |
| Accumulated other comprehensive income | −$5.1M | −$3.9M | −$4.3M | −$5.1M | −$4.1M | −$6.2M | −$6.96B | −$4.5M | −$4.3M | −$5.2M | −$5.4M | −$5.8M |
| Total shareholders' equity | $125.1M | $130.5M | $129.1M | $134.5M | $147.3M | $143.4M | $146.63B | $124.7M | $124.7M | $125.1M | $123.5M | $123.6M |
| Key figures | ||||||||||||
| Total debt | $38.9M | $41.3M | $47.3M | $52.2M | $42.5M | $40.2M | $31.65B | $45.8M | $43.8M | $25.4M | $12.3M | $10.7M |
| Net cash (debt) | −$21.0M | −$23.9M | −$34.8M | −$35.0M | −$24.7M | −$21.6M | −$14.17B | −$30.0M | −$18.9M | $3.0M | $12.9M | $15.7M |
| Working capital | $90.8M | $92.8M | $96.2M | $105.9M | $106.8M | $104.4M | $101.62B | $95.7M | $98.2M | $92.7M | $83.2M | $88.5M |
| Tangible book value | $82.9M | $84.4M | $82.1M | $84.8M | $106.2M | $100.2M | $104.88B | $86.8M | $89.9M | $102.0M | $103.0M | $109.4M |
| Book value per share | $12.58 | $12.68 | $13.41 | $13.79 | $14.59 | $15.10 | $19,743.88 | $14.50 | $16.87 | $16.50 | $16.76 | $16.23 |
| Shares outstanding | 9.9M | 10.3M | 9.6M | 9.8M | 10.1M | 9.5M | 7.4M | 8.6M | 7.4M | 7.6M | 7.4M | 7.6M |
| Current ratio | 2.98 | 3.09 | 3.53 | 3.83 | 3.66 | 3.88 | 3.91 | 4.23 | 4.24 | 5.39 | 5.53 | 6.71 |
| Quick ratio | 1.09 | 1.10 | 1.30 | 1.40 | 1.33 | 1.44 | 1.29 | 1.77 | 2.00 | 2.74 | 2.42 | 3.03 |
| Debt / equity | 0.31 | 0.32 | 0.37 | 0.39 | 0.29 | 0.28 | 0.22 | 0.37 | 0.35 | 0.20 | 0.10 | 0.09 |
| Equity / assets | 60.6% | 61.5% | 61.5% | 60.9% | 65.1% | 65.7% | 69.0% | 62.0% | 62.9% | 72.9% | 80.3% | 83.3% |
Quarterly columns are labeled by the month the quarter ended. Figures in U.S. dollars as reported (latest annual report filed April 16, 2026); data from EODHD.
LAKE financial position
At the end of fiscal 2026 (January 31, 2026), Lakeland Industries had total assets of $209.9 million (down 1.2% from a year earlier), total liabilities of $80.8 million and shareholders' equity of $129.1 million. It held $12.5 million in cash and short-term investments against $47.3 million of debt, net debt of $34.8 million. Its current ratio was 3.53. In the latest quarter (ended July 31, 2026) total assets were $206.5 million and equity $125.1 million.
Related: LAKE income statement, LAKE cash flow statement, LAKE key metrics. See the LAKE stock overview for the latest quote and news.
LAKE balance sheet FAQ
What are Lakeland Industries's total assets?
Lakeland Industries reported total assets of $209.9 million at the end of fiscal 2026 (January 31, 2026), compared with $212.5 million a year earlier.
How much debt does Lakeland Industries have?
Lakeland Industries had $47.3 million of total debt at the end of fiscal 2026, including short-term borrowings and lease obligations. Its debt-to-equity ratio was 0.37.
How much cash does Lakeland Industries have?
Lakeland Industries held $12.5 million in cash and short-term investments at the end of fiscal 2026; with $47.3 million of debt that is net debt of $34.8 million.
What is Lakeland Industries's book value?
Lakeland Industries's shareholders' equity (book value) was $129.1 million at the end of fiscal 2026, or $13.41 per share.
What is Lakeland Industries's current ratio?
Lakeland Industries had current assets of $134.2 million and current liabilities of $38.0 million, a current ratio of 3.53 (it can cover its short-term obligations).
How much goodwill does Lakeland Industries have?
Lakeland Industries carried $47.0 million of goodwill and intangible assets, 22.4% of total assets, at the end of fiscal 2026.