Quick Ratio Analysis of Lakeland Industries Inc - Deep Dive


Latest FY Quick Ratio
Period Ending - Jan-24

2.74


Good Quick Ratio
Period Ending - Jan-23
2.61

Good Quick Ratio
Growth
5.13 %
Most recent Quarter Quick Ratio
Period Ending - Apr-24

2.74


Good Quick Ratio
Quick Ratio Analysis of Lakeland Industries Inc
Quick Ratio of Lakeland Industries Inc with value of 2.74 indicates company has liquid assets to pay its obligations.
Quick Ratio of Lakeland Industries Inc with value of 2.74 indicates company has liquid assets to pay its obligations in latest Quarter ending on Apr-24.
Quick Ratio of LAKE has grown by 5.13 % Compared to previous Financial Year.
Quick Ratio with value of 6.07 was highest in Year Jan-22 in last Five Years.
Quick Ratio with value of 2.61 was lowest in Year Jan-23 in last Five Years.
Latest Quick Ratio with value of 2.74 is lower than Average Quick Ratio of 3.87 in last five years.
Other Quick Ratio Related Info of LAKE that may interest you.
Lakeland Industries Inc Overview
CodePricePrevious PricePrice ChangeSector
LAKE23.2122.8 1.80 % Apparel Manufacturing
Fundamental AnalysisTechnical Analysis
Defination of Quick Ratio
Quick assets are those assets that can be converted quickly into cash. It indicates whether the company can pay its current short-term obligations or not using its quick assets. This metric is an improved version of the current ratio.   more ..
Quick Ratio Formula
Quick Ratio Related Ratios
CurrentRatioShortTermDebtToEquityRatio
Tsr Stability Index
Excellent Stability
FY - Historical Quick Ratio of Lakeland Industries Inc
PeriodJan-24Jan-23Jan-22Jan-21Jan-20Jan-19Jan-18
Quick Ratio2.742.616.075.182.753.203.24
Change5.13 %-57.07 %17.14 %88.52 %-14.19 %-0.988 %62.43 %
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FY Chart of Quick Ratio of Lakeland Industries Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)