Lakeland Industries, Inc.

LAKE

LAKELakeland Industries, Inc. US flag

NASDAQ Global Market

9.79

USD

-0.42

- -

96.51MMarket Cap

Income Statement (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
Sales/Revenue/Turnover	96	95	91	93	100	86	96	99	108	159	118	113	125	167	193
+ Sales & Services Revenue	96	95	91	93	100	86	96	99	108	159	118	113	125	167	193
- Cost of Revenue	68	68	67	62	63	55	60	65	70	80	67	67	73	99	129
+ Cost of Goods & Services	68	68	67	62	63	55	60	65	70	80	67	67	73	99	129
Gross Profit	29	27	25	32	36	32	36	34	38	79	51	46	51	69	63
+ Other Operating Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Operating Expenses	27	28	25	25	25	25	28	30	32	35	35	40	45	67	77
+ Selling, General & Admin	27	28	25	29	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Research & Development	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Operating Expense	- -	- -	- -	-4	25	25	28	30	32	35	35	40	45	67	77
Operating Income (Loss)	2	-1	- -	7	12	7	8	4	6	44	16	6	6	1	-14
- Non-Operating (Income) Loss	1	20	3	4	1	1	- -	- -	- -	- -	- -	- -	-3	20	4
+ Interest Expense, Net	1	1	2	2	1	1	- -	- -	- -	- -	- -	- -	- -	2	2
+ Interest Expense	1	1	2	2	1	1	- -	- -	- -	- -	- -	- -	- -	2	2
- Interest Income	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Non-Op (Income) Loss	- -	19	- -	2	- -	- -	- -	- -	- -	- -	- -	- -	-3	18	2
Pretax Income	1	-21	-3	3	11	6	8	3	6	44	16	5	9	-18	-18
- Income Tax Expense (Benefit)	- -	5	-3	-8	3	2	8	2	2	9	5	4	4	- -	8
- (Income) Loss from Affiliates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) from Cont Ops	1	-26	- -	11	8	4	- -	1	3	35	11	2	5	-18	-25
- Net Extraordinary Losses (Gains)	1	1	- -	3	4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Discontinued Operations	-1	-1	- -	-3	-4	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Extraord. & Accounting Changes	3	1	- -	5	8	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Income (Loss) Incl. MI	- -	-26	- -	8	4	4	- -	1	3	35	11	2	5	-18	-25
- Minority Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income, GAAP	- -	-26	- -	8	4	4	- -	1	3	35	11	2	5	-18	-25
- Preferred Dividends	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
- Other Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Net Income Avail to Common, GAAP	- -	-26	- -	8	4	4	- -	1	3	35	11	2	5	-18	-25
EBIT	2	-1	- -	7	12	7	8	4	6	44	16	6	6	1	-14
EBITDA	4	- -	1	8	13	8	9	5	8	46	18	7	8	5	-9
EBITDA Margin (%)	3.82	0.4	1.37	8.64	12.84	9.33	9.64	4.58	6.98	28.84	15.13	6.24	6.5	2.74	-4.46
EBITA	2	-1	- -	7	12	7	8	4	6	44	16	6	6	1	-14
Gross Margin (%)	29.88	28.73	27.17	33.93	36.46	36.71	37.72	34.24	35.15	49.86	43.01	40.63	41.06	41.07	32.87
Operating Margin (%)	1.81	-1.23	-0.39	7.45	11.85	7.94	8.83	3.6	5.45	27.6	13.55	4.91	4.81	0.76	-7.09
Profit Margin (%)	-0.39	-27.64	-0.13	8.99	3.87	4.52	0.46	1.47	3.04	22.22	9.61	1.66	4.35	-10.81	-13.14
Sales per Employee	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Dividend per Share	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	0.12	0.12	0.12
Depreciation Expense	2	2	2	1	1	1	1	1	2	2	2	2	2	3	5
Basic Weighted Avg Shares	5	5	6	6	7	7	8	8	8	8	8	8	7	7	10
Basic EPS, GAAP	-0.07	-4.97	-0.02	1.35	0.54	0.54	0.06	0.18	0.41	4.43	1.44	0.25	0.74	-2.43	-2.63
Basic EPS from Cont Ops	0.21	-4.87	-0.02	1.78	1.09	0.54	0.06	0.18	0.41	4.43	1.44	0.25	0.74	-2.43	-2.63
Diluted Weighted Avg Shares	5	5	6	6	7	7	8	8	8	8	8	8	8	7	10
Diluted EPS, GAAP	-0.07	-4.97	-0.02	1.33	0.53	0.53	0.06	0.18	0.41	4.34	1.41	0.24	0.72	-2.43	-2.63
Diluted EPS from Cont Ops	0.2	-4.87	-0.02	1.75	1.07	0.53	0.06	0.18	0.41	4.34	1.41	0.24	0.72	-2.43	-2.63

Balance Sheet (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
Total Current Assets	74	64	65	69	62	60	76	75	80	123	121	106	102	137	134
+ Cash, Cash Equivalents & STI	6	7	5	7	7	10	16	13	15	53	53	25	25	17	13
+ Cash & Cash Equivalents	6	7	5	7	7	10	16	13	15	53	53	25	25	17	13
+ ST Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Accounts & Notes Receiv	13	14	14	13	11	11	14	16	18	22	19	21	22	34	37
+ Accounts Receivable, Net	13	14	14	13	11	11	14	16	18	22	15	17	19	28	32
+ Notes Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Loans Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Receivable, Net	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	4	4	3	6	5
+ Inventories	46	39	40	37	41	36	43	42	44	44	48	58	51	83	83
+ Raw Materials	21	21	16	14	15	14	15	15	18	19	20	29	27	39	40
+ Work In Process	2	2	1	2	1	1	2	1	1	- -	1	1	1	3	2
+ Finished Goods	23	16	22	21	25	20	26	26	29	27	30	33	30	44	44
+ Inventory Adjustments	- -	- -	- -	- -	- -	- -	- -	- -	-3	-3	-3	-5	-7	-3	-5
+ Other Inventory	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other ST Assets	10	4	7	12	3	3	4	4	3	5	2	2	3	3	2
+ Misc ST Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Prepaid Expenses	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Assets Held-for-Sale	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ ST Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Assets	29	19	15	25	26	24	18	19	20	16	20	37	52	76	76
+ Property, Plant & Equip, Net	14	14	12	10	9	9	9	11	12	12	14	15	22	28	23
+ Property, Plant & Equip	26	27	24	19	18	17	18	20	23	24	27	29	39	46	41
- Accumulated Depreciation	12	13	12	9	9	9	9	9	10	12	13	14	18	18	18
+ LT Investments & Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	5	7	- -	- -
+ LT Investments	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	3	5	7	- -	- -
+ LT Receivables	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other LT Assets	15	5	3	14	17	16	9	8	7	4	3	17	24	48	53
+ Total Intangible Assets	11	1	2	1	1	1	1	1	1	1	1	15	20	42	47
+ Goodwill	6	1	1	1	1	1	1	1	1	1	1	8	14	16	15
+ Other Intangible Assets	5	- -	2	- -	- -	- -	- -	- -	- -	- -	- -	6	7	26	32
+ LT Deferred Tax Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ LT Derivative & Hedging Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Assets	4	4	1	13	16	15	8	8	6	3	3	3	3	6	6
Total Assets	102	83	80	93	88	85	95	95	99	140	141	143	154	213	210
+ Payables & Accruals	6	10	11	10	6	6	8	9	10	11	8	14	12	26	26
+ Accounts Payable	5	7	8	8	4	5	7	6	7	7	6	7	7	16	16
+ Accrued Taxes	- -	- -	- -	- -	- -	- -	- -	- -	- -	2	- -	1	1	2	2
+ Interest & Dividends Payable	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Payables & Accruals	2	3	2	2	2	1	1	3	2	2	1	7	3	8	9
+ ST Debt	2	17	15	8	13	5	- -	- -	2	1	1	2	2	5	7
+ ST Borrowings	2	17	15	8	13	5	- -	- -	1	- -	- -	- -	- -	1	2
+ ST Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	1	1	1	1	2	4	5
+ Other ST Liabilities	1	1	1	8	1	1	2	1	1	5	3	3	4	5	5
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc ST Liabilities	1	1	1	8	1	1	2	1	1	5	3	3	4	5	5
Total Current Liabilities	9	28	27	26	20	12	10	10	13	16	12	19	18	35	38
+ LT Debt	16	1	3	1	1	1	1	1	1	2	4	4	10	27	41
+ LT Borrowings	16	1	3	1	1	1	1	1	- -	- -	- -	- -	1	16	30
+ LT Finance Leases	- -	- -	- -	- -	- -	- -	- -	- -	1	2	4	4	9	11	10
+ Other LT Liabilities	3	8	7	3	- -	- -	- -	- -	- -	- -	- -	1	2	4	2
+ Accrued Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	2	4	2
+ Pension Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Revenue	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Deferred Tax Liabilities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Derivatives & Hedging	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Misc LT Liabilities	3	8	7	3	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Noncurrent Liabilities	20	9	9	4	1	1	1	1	1	2	4	4	12	31	43
Total Liabilities	29	37	36	30	21	13	12	11	14	18	16	23	30	66	81
+ Preferred Equity and Hybrid Capital	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Share Capital & APIC	51	51	53	65	65	65	75	76	75	77	78	79	80	123	130
+ Common Stock	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Additional Paid in Capital	51	51	53	65	64	65	75	76	75	77	78	78	79	123	129
- Treasury Stock	3	3	3	3	3	3	3	5	5	5	14	20	20	20	20
+ Retained Earnings	26	- -	-4	5	9	12	13	14	18	52	63	65	69	50	24
+ Other Equity	- -	-1	-2	-3	-2	-2	-2	-2	-3	-2	-1	-4	-5	-7	-4
Equity Before Minority Interest	73	46	44	63	68	72	83	83	85	122	125	120	123	147	129
+ Minority/Non Controlling Interest	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Total Equity	73	46	44	63	68	72	83	83	85	122	125	120	123	147	129
Total Liabilities & Equity	102	83	80	93	88	85	95	95	99	140	141	143	154	213	210
Shares Outstanding	5	5	5	7	7	7	8	8	8	8	8	7	7	9	10
Number of Employees	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Capital Leases - Total	- -	- -	- -	- -	- -	- -	- -	- -	2	2	5	5	11	14	15
Net Debt	12	11	13	2	6	-5	-14	-12	-13	-53	-53	-24	-24	- -	20
Net Debt to Equity	17.01	24.68	29.46	3.78	9.48	-6.41	-17.03	-13.83	-15.82	-43.2	-42.14	-20.2	-19.6	-0.08	15.3
Tangible Common Equity Ratio	68.24	54.46	53.88	67.5	76.26	84.41	87.52	87.75	85.43	87.17	88.78	82.13	77.26	61.41	50.4
Current Ratio	7.8	2.29	2.44	2.62	3.11	4.87	7.37	7.3	6.17	7.62	10.04	5.68	5.53	3.91	3.53
Cash Conversion Cycle	267.09	245.64	231.56	231.03	237.27	268.48	254.67	258.51	249.82	212.53	269.34	311.05	286.88	266.76	245.51

Cash Flow Statement (USD)

API Chat

	2012 Y	2013 Y	2014 Y	2015 Y	2016 Y	2017 Y	2018 Y	2019 Y	2020 Y	2021 Y	2022 Y	2023 Y	2024 Y	2025 Y	2026 Y
+ Net Income	- -	-26	- -	8	4	4	- -	1	3	35	11	2	5	-18	-25
+ Depreciation & Amortization	2	2	2	1	1	1	1	1	2	2	2	2	2	3	5
+ Non-Cash Items	- -	13	-4	-9	4	1	7	1	2	5	2	2	-5	16	9
+ Stock-Based Compensation	1	- -	- -	1	1	- -	- -	1	- -	2	2	1	1	2	3
+ Deferred Income Taxes	-1	4	-8	-12	- -	1	6	- -	1	3	1	- -	-1	-4	3
+ Asset Impairment Charge	- -	10	- -	- -	- -	- -	1	- -	- -	- -	- -	- -	- -	18	6
+ Other Non-Cash Adj	- -	-1	4	3	4	- -	- -	- -	1	- -	- -	1	-6	1	-3
+ Chg in Non-Cash Work Cap	-1	13	-1	2	-10	5	-8	-2	-3	-1	-3	-11	8	-18	-5
+ (Inc) Dec in Accts Receiv	1	-2	-1	-1	1	1	-3	-3	-1	-4	7	-2	-1	-3	-3
+ (Inc) Dec in Inventories	-1	5	-5	-1	-4	5	-7	- -	-2	1	-4	-10	8	-14	2
+ (Inc) Dec in Prepaid Assets	- -	- -	1	-1	1	- -	-1	1	- -	- -	- -	- -	-1	- -	- -
+ Inc (Dec) in Accts Payable	-3	11	1	- -	-7	- -	3	1	1	3	-5	- -	1	2	-2
+ Inc (Dec) in Other	1	-1	2	5	-1	-1	- -	-1	-1	-2	- -	1	1	-3	-2
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Operating Activities	- -	1	-4	3	-1	11	1	2	4	41	13	-5	11	-16	-16
+ Change in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Disp in Fixed & Intang	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5	- -	6
+ Disp of Fixed Prod Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	5	- -	6
+ Disp of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Acq of Fixed & Intang	-5	-1	-1	-1	-1	- -	-1	-3	-1	-2	-1	-2	-2	-2	-1
+ Acq of Fixed Prod Assets	-5	-1	-1	-1	-1	- -	-1	-3	-1	-2	-1	-2	-2	-2	-1
+ Acq of Intangible Assets	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash (Repurchase) of Equity	- -	- -	- -	10	-1	- -	10	-1	-1	- -	-10	-6	-1	42	- -
+ Increase in Capital Stock	- -	- -	- -	10	- -	- -	10	- -	- -	- -	- -	- -	- -	43	- -
+ Decrease in Capital Stock	- -	- -	- -	- -	-1	- -	- -	-1	-1	- -	-10	-6	-1	- -	- -
+ Net Change in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3	-3	- -	- -	- -
+ Dec in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Inc in LT Investment	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-3	-3	- -	- -	- -
+ Net Cash From Acq & Div	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	-10	-5	-45	-6
+ Cash from Divestitures	- -	- -	1	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Cash for Acq of Subs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-10	-5	-45	-6
+ Cash for JVs	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
+ Other Investing Activities	- -	1	- -	- -	-2	- -	- -	- -	- -	- -	- -	- -	-2	-1	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Investing Activities	-5	-1	- -	-1	-3	- -	-1	-3	-1	-2	-4	-15	-5	-48	-1
+ Dividends Paid	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-1	-1	-1
+ Net Cash From Debt	5	- -	2	-10	4	-8	-4	- -	- -	-1	- -	- -	-2	75	14
+ Cash From Debt	6	7	20	2	7	1	2	- -	- -	- -	- -	- -	6	121	46
+ Repayments of Debt	-1	-7	-18	-12	-3	-9	-6	-1	- -	-1	- -	- -	-7	-47	-32
+ Other Financing Activities	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	-59	- -
+ Net Cash From Disc Ops	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -
Cash from Financing Activities	5	- -	2	- -	4	-8	6	-2	-1	-1	-10	-6	-3	57	13
Effect of Foreign Exchange Rates	- -	- -	- -	- -	- -	- -	- -	- -	- -	- -	1	-2	-2	-1	-1
Net Changes in Cash	- -	1	-2	2	1	3	5	-3	2	38	-1	-26	2	-7	-4
EBITDA	4	- -	1	8	13	8	9	5	8	46	18	7	8	5	-9
EBITDA Margin (%)	3.82	0.4	1.37	8.64	12.84	9.33	9.64	4.58	6.98	28.84	15.13	6.24	6.5	2.74	-4.46
Free Cash Flow	-5	- -	-5	2	-1	11	- -	-1	3	39	12	-7	9	-17	-16
Net Cash Paid for Acquisitions	- -	- -	-1	- -	- -	- -	- -	- -	- -	- -	- -	10	5	45	6
Free Cash Flow to Firm	- -	- -	- -	- -	-1	11	- -	-1	3	39	12	-7	9	- -	- -
Free Cash Flow to Equity	- -	- -	-3	-8	4	3	-4	-2	2	38	12	-7	12	57	3
Free Cash Flow per Basic Share	-0.93	- -	-0.83	0.32	-0.19	1.53	-0.03	-0.16	0.32	4.89	1.52	-0.98	1.2	-2.35	-1.71
Price/Free Cash Flow	10.37	9.64	-12.23	13.91	291.3	6.68	69.83	18.59	24.23	5.35	12.46	-32.33	10.46	-12.01	-6.01
Cash Flow to Net Income	0.01	-0.05	32.48	0.35	-0.13	2.95	1.47	1.22	1.09	1.15	1.12	-2.91	2.01	0.88	0.62
Capital Expenditures	-5	-1	-1	-1	-1	- -	-1	-3	-1	-2	-1	-2	-2	-2	-1