Lincoln Electric Holdings (FRA:LNE) Cash And Cash Equivalents : €345 Mil (As of Mar. 2024)

View and export this data going back to 1983. Start your Free Trial

What is Lincoln Electric Holdings Cash And Cash Equivalents?

Lincoln Electric Holdings's quarterly cash and cash equivalents increased from Sep. 2023 (€321.08 Mil) to Dec. 2023 (€361.10 Mil) but then stayed the same from Dec. 2023 (€361.10 Mil) to Mar. 2024 (€344.98 Mil).

Lincoln Electric Holdings's annual cash and cash equivalents increased from Dec. 2021 (€170.77 Mil) to Dec. 2022 (€186.11 Mil) and increased from Dec. 2022 (€186.11 Mil) to Dec. 2023 (€361.10 Mil).

Lincoln Electric Holdings Cash And Cash Equivalents Historical Data

The historical data trend for Lincoln Electric Holdings's Cash And Cash Equivalents 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 Cash And Cash Equivalents Chart

Lincoln Electric Holdings Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash And Cash Equivalents

Get a 7-Day Free Trial

179.61

211.48

170.77

186.11

361.10

Lincoln Electric Holdings Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Cash And Cash Equivalents	Get a 7-Day Free Trial															185.68	203.51	321.08	361.10	344.98

Lincoln Electric Holdings Cash And Cash Equivalents Calculation

Cash and cash equivalents are the most liquid assets on the balance sheet. Cash equivalents are assets that are readily convertible into cash, such as money market holdings, short-term government bonds or Treasury bills, marketable securities and commercial paper.

Lincoln Electric Holdings (FRA:LNE) Cash And Cash Equivalents Explanation

A high number means either:

1) The company has competitive advantage generating lots of cash

2) Just sold a business or bonds (not necessarily good)

A low stockpile of cash usually means poor to mediocre economics.

There are 3 ways to create large cash reserve.

1) Sell new bonds or equity to public

2) Sell business or asset

3) It has an ongoing business generating more cash than it burns (usually means durable competitive advantage)

When a company is suffering a short term problem, Buffett looks at cash or marketable securities to see whether it has the financial strength to ride it out.

Important: Lots of cash and marketable securities + little debt = good chance that the business will sail on through tough times.

Test to see what is creating cash by looking at past 7 yrs of balance sheets. This will reveal how the cash was created.

Be Aware

Depreciation estimates make the calculation of net income susceptible to management's accounting choices. These choices can be either overly aggressive or overly conservative.

Lincoln Electric Holdings Cash And Cash Equivalents Related Terms

Thank you for viewing the detailed overview of Lincoln Electric Holdings's Cash And Cash Equivalents provided by GuruFocus.com. Please click on the following links to see related term pages.

Lincoln Electric Holdings (FRA:LNE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Lincoln Electric Holdings Inc (FRA:LNE) » Definitions » Cash And Cash Equivalents

Comparable Companies

Traded in Other Exchanges

LECO:USA LNE:Germany

Address

22801 Street Clair Avenue, Cleveland, OH, USA, 44117

Website

https://www.lincolnelectric.com

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 $3.8 billion in sales in 2022.

Lincoln Electric Holdings (FRA:LNE) Headlines

No Headlines