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Lakeland Industries Cash, Cash Equivalents, Marketable Securities

: $52.6 Mil (As of Jan. 2021)
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Lakeland Industries's quarterly cash, cash equivalents, marketable securities increased from Jul. 2020 ($34.95 Mil) to Oct. 2020 ($40.19 Mil) and increased from Oct. 2020 ($40.19 Mil) to Jan. 2021 ($52.60 Mil).

Lakeland Industries's annual cash, cash equivalents, marketable securities increased from Jan. 2019 ($12.83 Mil) to Jan. 2020 ($14.61 Mil) and increased from Jan. 2020 ($14.61 Mil) to Jan. 2021 ($52.60 Mil).


Lakeland Industries Cash, Cash Equivalents, Marketable Securities Historical Data

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Lakeland Industries Annual Data
Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Cash, Cash Equivalents, Marketable Securities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 10.37 15.79 12.83 14.61 52.60

Lakeland Industries Quarterly Data
Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21
Cash, Cash Equivalents, Marketable Securities Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 14.61 23.47 34.95 40.19 52.60

Lakeland Industries Cash, Cash Equivalents, Marketable Securities Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Marketable Securities are very liquid securities that can be converted into cash quickly at a reasonable price.


Lakeland Industries  (NAS:LAKE) Cash, Cash Equivalents, Marketable Securities Explanation

Marketable securities are very liquid as they tend to have maturities of less than one year. Furthermore, the rate at which these securities can be bought or sold has little effect on their prices.

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.


Lakeland Industries Cash, Cash Equivalents, Marketable Securities Related Terms


Lakeland Industries Cash, Cash Equivalents, Marketable Securities Headlines

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