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LECO (Lincoln Electric Holdings) Capex-to-Operating-Cash-Flow : 0.18 (As of Sep. 2024)


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What is Lincoln Electric Holdings Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Lincoln Electric Holdings's Capital Expenditure for the three months ended in Sep. 2024 was $-35.72 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2024 was $199.20 Mil.

Hence, Lincoln Electric Holdings's Capex-to-Operating-Cash-Flow for the three months ended in Sep. 2024 was 0.18.


Lincoln Electric Holdings Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Lincoln Electric Holdings's Capex-to-Operating-Cash-Flow can be seen below:

* 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.

Lincoln Electric Holdings Capex-to-Operating-Cash-Flow Chart

Lincoln Electric Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.17 0.17 0.19 0.14

Lincoln Electric Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial 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 0.12 0.20 0.20 0.14 0.18

Competitive Comparison of Lincoln Electric Holdings's Capex-to-Operating-Cash-Flow

For the Tools & Accessories subindustry, Lincoln Electric Holdings's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Lincoln Electric Holdings's Capex-to-Operating-Cash-Flow Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's Capex-to-Operating-Cash-Flow falls into.



Lincoln Electric Holdings Capex-to-Operating-Cash-Flow Calculation

Lincoln Electric Holdings's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-90.987) / 667.542
=0.14

Lincoln Electric Holdings's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-35.722) / 199.201
=0.18

* 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.


Lincoln Electric Holdings  (NAS:LECO) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Lincoln Electric Holdings Capex-to-Operating-Cash-Flow Related Terms

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Lincoln Electric Holdings Business Description

Traded in Other Exchanges
Address
22801 Street Clair Avenue, Cleveland, OH, USA, 44117
Lincoln Electric is a leading manufacturer of welding, cutting, and brazing products. The firm's portfolio of products includes arc-welding solutions, plasma and oxy-fuel cutting systems, and brazing and soldering alloys, as well as automation solutions. Lincoln Electric serves clients in the general fabrication, heavy industries, automotive, construction, shipbuilding, energy and process industries, among other end markets. Based in Cleveland, Ohio, Lincoln Electric has operations in 19 countries and has 11,000 employees worldwide. The company generated roughly $4.2 billion in sales in 2023.
Executives
Michael J Whitehead officer: SVP, Strat. & Business Dev. 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Christopher L Mapes director REGAL BELOIT CORP, 200 STATE STREET, BELOIT WI 53511
Geoffrey P Allman officer: Sr. V.P., Corporate Controller 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Gabriel Bruno officer: V.P., Corporate Controller 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Steven B Hedlund officer: V. P. Strategy & Bus. Dev. 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Michele R Kuhrt officer: Ex. V.P., CIO 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Marc A Howze director DEERE & COMPANY, ONE JOHN DEERE PLACE, MOLINE IL 61265
Jennifer I Ansberry officer: Ex.V.P. General Counsel & Secy 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Bonnie J Fetch director 500 JACKSON STREET, COLUMBUS IN 47201
Kathryn Jo Lincoln director 1741 EAST MORTEN AVE, PHOENIX AZ 85020
Peter M. Pletcher officer: SVP, President International 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Gregory Doria officer: SVP, Pres Harris Products Gr. 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Lisa Dietrich officer: EVP, CIO 22801 SAINT CLAIR AVENUE, CLEVELAND OH 44117
Brian Chambers director ONE OWENS CORNING PARKWAY, TOLEDO OH 43659
Thomas A Flohn officer: VP; Pres. (Asia Pac.) 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117