Lincoln Electric Holdings, Inc.

DB:LNE Stock Report

Market Cap: €10.1b

Lincoln Electric Holdings Balance Sheet Health

Financial Health criteria checks 5/6

Lincoln Electric Holdings has a total shareholder equity of $1.3B and total debt of $1.1B, which brings its debt-to-equity ratio to 84.1%. Its total assets and total liabilities are $3.4B and $2.1B respectively. Lincoln Electric Holdings's EBIT is $717.1M making its interest coverage ratio 18.4. It has cash and short-term investments of $272.7M.

Key information

84.1%

Debt to equity ratio

US$1.10b

Debt

Interest coverage ratio18.4x
CashUS$272.67m
EquityUS$1.31b
Total liabilitiesUS$2.10b
Total assetsUS$3.42b

Recent financial health updates

No updates

Recent updates

Financial Position Analysis

Short Term Liabilities: LNE's short term assets ($1.6B) exceed its short term liabilities ($783.6M).

Long Term Liabilities: LNE's short term assets ($1.6B) exceed its long term liabilities ($1.3B).


Debt to Equity History and Analysis

Debt Level: LNE's net debt to equity ratio (63.4%) is considered high.

Reducing Debt: LNE's debt to equity ratio has reduced from 87.7% to 84.1% over the past 5 years.

Debt Coverage: LNE's debt is well covered by operating cash flow (58.7%).

Interest Coverage: LNE's interest payments on its debt are well covered by EBIT (18.4x coverage).


Balance Sheet


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