Lincoln Electric Holdings Balance Sheet Health
Financial Health criteria checks 4/6
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 84.7%. Its total assets and total liabilities are $3.4B and $2.1B respectively. Lincoln Electric Holdings's EBIT is $711.7M making its interest coverage ratio 17.8. It has cash and short-term investments of $375.0M.
Key information
84.7%
Debt to equity ratio
US$1.11b
Debt
| Interest coverage ratio | 17.8x |
| Cash | US$374.98m |
| Equity | US$1.31b |
| Total liabilities | US$2.07b |
| Total assets | US$3.38b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: LNE's short term assets ($1.7B) exceed its short term liabilities ($748.9M).
Long Term Liabilities: LNE's short term assets ($1.7B) exceed its long term liabilities ($1.3B).
Debt to Equity History and Analysis
Debt Level: LNE's net debt to equity ratio (56%) is considered high.
Reducing Debt: LNE's debt to equity ratio has increased from 82.2% to 84.7% over the past 5 years.
Debt Coverage: LNE's debt is well covered by operating cash flow (61.1%).
Interest Coverage: LNE's interest payments on its debt are well covered by EBIT (17.8x coverage).