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Lincoln Electric Holdings (Lincoln Electric Holdings) Debt-to-Equity : 0.84 (As of Dec. 2023)


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What is Lincoln Electric Holdings Debt-to-Equity?

Lincoln Electric Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2 Mil. Lincoln Electric Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1,103 Mil. Lincoln Electric Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $1,309 Mil. Lincoln Electric Holdings's debt to equity for the quarter that ended in Dec. 2023 was 0.84.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Lincoln Electric Holdings's Debt-to-Equity or its related term are showing as below:

LECO' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06   Med: 0.87   Max: 1.16
Current: 0.84

During the past 13 years, the highest Debt-to-Equity Ratio of Lincoln Electric Holdings was 1.16. The lowest was 0.06. And the median was 0.87.

LECO's Debt-to-Equity is ranked worse than
82.97% of 2619 companies
in the Industrial Products industry
Industry Median: 0.28 vs LECO: 0.84

Lincoln Electric Holdings Debt-to-Equity Historical Data

The historical data trend for Lincoln Electric Holdings's Debt-to-Equity 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 Debt-to-Equity Chart

Lincoln Electric Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.89 1.16 0.84

Lincoln Electric Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Equity 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 1.16 1.03 0.93 0.91 0.84

Competitive Comparison of Lincoln Electric Holdings's Debt-to-Equity

For the Tools & Accessories subindustry, Lincoln Electric Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Lincoln Electric Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Lincoln Electric Holdings's Debt-to-Equity falls into.



Lincoln Electric Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Lincoln Electric Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Lincoln Electric Holdings's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

* 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) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Lincoln Electric Holdings Debt-to-Equity Related Terms

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


Lincoln Electric Holdings (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 $3.8 billion in sales in 2022.
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
Steven B Hedlund officer: V. P. Strategy & Bus. Dev. 22801 ST. CLAIR AVENUE, CLEVELAND OH 44117
Geoffrey P Allman officer: Sr. V.P., Corporate Controller 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
Gabriel Bruno officer: V.P., Corporate Controller 22801 ST. 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