Lakeland Industries (LAKE) Balance Sheet: Assets & Liabilities

Lakeland Industries (LAKE) Balance Sheet

As of Jan 31, 2026 (end of fiscal 2026), Lakeland Industries reported total assets of $209.93M and total liabilities of $80.81M. Shareholders' equity was $129.13M, down 11.9% from $146.63M a year earlier. Total debt stood at $32.27M against $12.52M in cash and short-term investments, a net debt position of $19.76M. That puts debt-to-equity at 0.25, compared with 0.12 a year earlier.

Lakeland Industries Balance Sheet Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Balance sheet showing assets, liabilities, and shareholders' equity for Lakeland Industries, Inc. (LAKE) - Annual data in millions USD
Breakdown	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	FY 2018	FY 2017
Period ending	Jan 2026	Jan 2025	Jan 2024	Jan 2023	Jan 2022	Jan 2021	Jan 2020	Jan 2019	Jan 2018	Jan 2017
Current Assets
Cash and Cash Equivalents	12.52	17.48	25.22	24.64	52.72	52.60	14.61	12.83	15.79	10.37
Cash & Short-Term Investments	12.52	17.48	25.22	24.64	52.72	52.60	14.61	12.83	15.79	10.37
Accounts Receivable	32.04	27.61	19.17	17.30	14.77	23.70	17.70	16.48	14.12	10.70
Inventory	82.54	82.74	51.25	58.18	47.71	43.57	44.24	42.37	42.92	35.54
Other Current Assets	7.09	8.71	5.86	5.48	3.77	5.48	3.26	3.80	3.67	3.48
Total Current Assets	134.19	136.53	101.51	105.59	120.65	123.34	79.81	75.47	76.50	60.09
Non-Current Assets
Property, Plant & Equipment (Net)	22.89	27.87	21.65	14.61	14.01	12.17	12.36	10.78	8.79	8.53
Long-Term Investments	0.00	0.00	4.72	5.35	2.70	0.33	0.33	0.18	0.31	0.48
Goodwill	15.29	16.24	13.67	8.47	0.87	0.87	0.87	0.87	0.87	0.87
Intangible Assets	31.72	25.50	6.83	6.04	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Assets	4.70	6.39	0.11	2.86	0.49	1.31	0.10	0.16	0.50	1.08
Total Non-Current Assets	75.75	76.00	52.24	37.35	20.15	16.32	19.60	19.25	18.03	24.47
Total Assets	209.93	212.53	153.75	142.94	140.79	139.55	99.41	94.72	94.53	84.55
Current Liabilities
Accounts Payable	15.57	15.74	7.38	6.56	5.86	7.40	7.20	6.21	6.86	4.93
Short-Term Debt	1.89	0.94	0.30	0.41	1.24	0.77	1.99	0.16	0.37	5.07
Current Portion of Long-Term Debt	1.89	0.94	0.30	-	-	-	-	-	-	-
Accrued Liabilities	8.96	12.63	3.13	6.59	1.37	6.49	-	-	-	-
Deferred Revenue	0.00	0.00	0.00	1.63	0.00	0.00	0.00	0.00	0.00	0.00
Other Current Liabilities	1.80	1.99	2.10	3.79	4.60	0.00	3.75	3.96	-5.19	-3.67
Total Current Liabilities	37.96	34.91	18.35	18.60	12.02	16.19	12.94	10.33	10.38	12.33
Non-Current Liabilities
Long-Term Debt	30.38	16.43	0.73	3.58	3.68	1.61	1.41	1.16	1.31	0.72
Deferred Tax Liabilities	2.20	3.89	2.10	0.77	0.00	0.00	0.00	0.00	0.00	0.00
Other Non-Current Liabilities	2.20	3.89	2.10	0.77	0.00	0.00	0.00	0.00	0.00	0.00
Total Non-Current Liabilities	42.84	31.00	11.95	4.35	3.68	1.61	1.41	1.16	1.31	0.72
Total Liabilities	80.81	65.91	30.30	22.95	15.69	17.80	14.35	11.50	11.69	13.05
Stockholders' Equity
Common Stock	0.11	0.11	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.08
Retained Earnings	23.86	50.32	69.28	64.77	62.89	51.52	17.58	14.30	12.84	12.40
Accumulated Other Comprehensive Income	-4.25	-6.96	-5.36	-3.69	-1.50	-1.61	-2.76	-2.25	-1.65	-2.38
Treasury Stock	19.98	19.98	19.98	19.65	14.21	-	-	-	-	-
Additional Paid-in Capital	129.39	123.14	79.42	58.83	77.83	71.76	70.15	71.10	71.57	61.41
Shares Outstanding	9.81	9.50	7.36	7.33	7.62	-	-	-	-	-
Total Stockholders' Equity	129.13	146.63	123.45	119.99	125.10	121.75	85.05	83.23	82.84	71.51
Total Liabilities & Equity	209.93	212.53	153.75	142.94	140.79	139.93	99.41	94.72	94.53	84.55

Source: Company financial statements from annual and quarterly filings. Data as of Jul 31, 2026. Data sources and methodology

Frequently Asked Questions About Lakeland Industries Balance Sheet

How much debt does Lakeland Industries have?

Lakeland Industries had total debt of $32.27M as of Jan 31, 2026, against $12.52M in cash and short-term investments. Its debt-to-equity ratio was 0.25. Total debt was $17.36M a year earlier.

What are Lakeland Industries's total assets?

Lakeland Industries reported total assets of $209.93M as of Jan 31, 2026, down 1.2% from $212.53M a year earlier. Total liabilities were $80.81M.

What is Lakeland Industries's shareholders' equity?

Lakeland Industries's shareholders' equity was $129.13M as of Jan 31, 2026, or about $13.17 of book value per share.

What is the debt-to-equity ratio?

The debt-to-equity ratio divides a company's total debt by its shareholders' equity. It shows how much of the business is financed with borrowed money; normal levels vary widely by industry. Full definition