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 ratio | 18.4x |
| Cash | US$272.67m |
| Equity | US$1.31b |
| Total liabilities | US$2.10b |
| Total assets | US$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).