Lincoln Historical Balance Sheet

LECO Stock  USD 216.62  0.48  0.22%   
Trend analysis of Lincoln Electric Holdings balance sheet accounts such as Total Current Liabilities of 414 M provides information on Lincoln Electric's total assets, liabilities, and equity, which is the actual value of Lincoln Electric Holdings to its prevalent stockholders. By breaking down trends over time using Lincoln Electric balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
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Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Lincoln Electric Holdings latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Lincoln Electric Holdings is a good buy for the upcoming year.

Lincoln Electric Inventory

332.12 Million

  
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln Electric Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.

About Lincoln Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Lincoln Electric Holdings at a specified time, usually calculated after every quarter, six months, or one year. Lincoln Electric Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Lincoln Electric and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Lincoln currently owns. An asset can also be divided into two categories, current and non-current.

Lincoln Electric Balance Sheet Chart

At this time, Lincoln Electric's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Non Current Liabilities Total is likely to grow to about 1.4 B, while Total Assets are likely to drop about 1.8 B.

Total Assets

Total assets refers to the total amount of Lincoln Electric assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Lincoln Electric Holdings books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Lincoln Electric balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Lincoln Electric Holdings are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Other Current Assets

Assets expected to be converted into cash, sold, or consumed either in one year or in the operating cycle, which are not included under standard current asset categories.
Most accounts from Lincoln Electric's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Lincoln Electric Holdings current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln Electric Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Lincoln Electric's Common Stock Shares Outstanding is very stable compared to the past year. As of the 29th of November 2024, Non Current Liabilities Total is likely to grow to about 1.4 B, while Total Assets are likely to drop about 1.8 B.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total769.8M1.2B1.2B1.2B
Total Assets2.6B3.2B3.4B1.8B

Lincoln Electric balance sheet Correlations

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0.560.630.58-0.230.410.740.830.570.020.810.360.060.52-0.610.990.56-0.5-0.930.960.760.460.010.470.210.2
0.60.630.630.150.670.680.720.60.070.770.350.020.61-0.150.680.63-0.23-0.70.740.630.510.390.550.420.41
0.940.580.630.40.860.550.730.970.250.750.320.220.94-0.090.610.97-0.21-0.710.720.70.890.440.860.680.68
0.52-0.230.150.40.65-0.170.260.390.60.32-0.270.50.560.76-0.170.410.390.05-0.020.190.620.220.490.710.71
0.940.410.670.860.650.350.730.870.530.750.220.460.930.210.50.820.04-0.610.60.530.910.210.850.870.87
0.410.740.680.55-0.170.350.620.44-0.430.70.05-0.470.45-0.630.70.63-0.83-0.690.740.80.250.360.36-0.04-0.05
0.750.830.720.730.260.730.620.710.310.970.30.270.7-0.160.870.68-0.28-0.930.920.810.690.070.670.590.58
0.950.570.60.970.390.870.440.710.30.730.480.310.92-0.080.620.91-0.07-0.70.710.610.890.270.90.70.7
0.490.020.070.250.60.53-0.430.310.30.220.050.920.440.580.10.150.6-0.150.12-0.030.62-0.180.370.810.81
0.770.810.770.750.320.750.70.970.730.220.240.180.75-0.160.850.75-0.34-0.880.920.860.690.150.690.530.52
0.280.360.350.32-0.270.220.050.30.480.050.240.150.17-0.250.430.170.18-0.460.390.090.2-0.190.350.220.22
0.450.060.020.220.50.46-0.470.270.310.920.180.150.40.490.140.10.66-0.140.15-0.070.61-0.250.30.710.71
0.970.520.610.940.560.930.450.70.920.440.750.170.40.040.570.93-0.09-0.610.670.660.960.340.840.750.75
0.03-0.61-0.15-0.090.760.21-0.63-0.16-0.080.58-0.16-0.250.490.04-0.54-0.110.730.44-0.44-0.310.190.140.050.480.48
0.620.990.680.61-0.170.50.70.870.620.10.850.430.140.57-0.540.58-0.42-0.950.980.740.52-0.010.510.30.29
0.90.560.630.970.410.820.630.680.910.150.750.170.10.93-0.110.58-0.31-0.640.70.760.840.520.810.590.59
-0.04-0.5-0.23-0.210.390.04-0.83-0.28-0.070.6-0.340.180.66-0.090.73-0.42-0.310.41-0.42-0.590.11-0.170.030.360.37
-0.69-0.93-0.7-0.710.05-0.61-0.69-0.93-0.7-0.15-0.88-0.46-0.14-0.610.44-0.95-0.640.41-0.96-0.74-0.58-0.01-0.63-0.45-0.44
0.70.960.740.72-0.020.60.740.920.710.120.920.390.150.67-0.440.980.7-0.42-0.960.830.620.110.580.380.37
0.610.760.630.70.190.530.80.810.61-0.030.860.09-0.070.66-0.310.740.76-0.59-0.740.830.560.360.460.270.26
0.960.460.510.890.620.910.250.690.890.620.690.20.610.960.190.520.840.11-0.580.620.560.270.820.860.86
0.230.010.390.440.220.210.360.070.27-0.180.15-0.19-0.250.340.14-0.010.52-0.17-0.010.110.360.270.170.080.08
0.920.470.550.860.490.850.360.670.90.370.690.350.30.840.050.510.810.03-0.630.580.460.820.170.780.78
0.830.210.420.680.710.87-0.040.590.70.810.530.220.710.750.480.30.590.36-0.450.380.270.860.080.781.0
0.830.20.410.680.710.87-0.050.580.70.810.520.220.710.750.480.290.590.37-0.440.370.260.860.080.781.0
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Lincoln Electric Account Relationship Matchups

Lincoln Electric balance sheet Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.3B2.6B3.2B3.4B1.8B
Short Long Term Debt Total747.3M718.2M769.8M1.2B1.2B1.2B
Other Current Liab563.1M309.1M362.7M397.0M413.6M434.3M
Total Current Liabilities563.1M549.4M755.9M852.9M754.6M414.0M
Total Stockholder Equity819.1M790.3M863.9M1.0B1.3B886.8M
Property Plant And Equipment Net529.3M522.1M511.7M544.9M628.6M425.9M
Net Debt547.7M460.9M576.9M1.0B766.1M804.4M
Retained Earnings2.7B2.8B3.0B3.3B3.7B3.9B
Accounts Payable273.0M226.1M330.2M352.1M325.4M172.0M
Cash199.6M257.3M193.0M197.2M393.8M218.1M
Non Current Assets Total1.3B1.2B1.3B1.6B1.7B1.8B
Non Currrent Assets Other766.3M188.1M791.0M167.8M107.5M185.5M
Cash And Short Term Investments199.6M257.3M193.0M197.2M393.8M226.9M
Net Receivables374.6M373.5M429.1M541.5M580.6M315.8M
Common Stock Shares Outstanding62.7M60.2M60.1M58.7M58.2M63.2M
Liabilities And Stockholders Equity2.4B2.3B2.6B3.2B3.4B1.8B
Non Current Liabilities Total989.0M974.8M972.5M1.3B1.3B1.4B
Inventory393.7M381.3M539.9M665.5M562.9M332.1M
Other Current Assets681.8M100.3M127.6M153.7M155.8M148.0M
Other Stockholder Equity(1.7B)(1.7B)(1.9B)(2.0B)(2.2B)(2.1B)
Total Liab1.6B1.5B1.7B2.1B2.1B2.2B
Property Plant And Equipment Gross529.3M522.1M1.4B1.4B1.5B1.5B
Total Current Assets1.1B1.1B1.3B1.6B1.7B967.1M
Accumulated Other Comprehensive Income(275.9M)(302.2M)(257.4M)(275.3M)(229.8M)(241.3M)
Short Term Debt35.0M14.2M62.9M103.9M15.5M30.0M
Intangible Assets177.8M134.5M149.4M202.7M186.7M96.6M
Other Liab237.6M259.3M255.4M147.3M169.4M169.0M
Other Assets196.9M210.0M791.0M165.1M189.9M140.0M
Long Term Debt712.3M715.5M717.1M1.1B1.1B1.2B
Good Will337.1M335.6M430.2M665.3M694.5M729.2M
Treasury Stock(2.0B)(2.1B)(2.3B)(2.5B)(2.2B)(2.1B)
Property Plant Equipment529.3M522.1M511.7M544.9M626.6M462.1M
Current Deferred Revenue(308.0M)128.9M141.5M18.3M92.5M97.1M
Net Tangible Assets303.3M319.2M863.9M166.2M149.6M142.1M
Noncontrolling Interest In Consolidated Entity905K979K(193K)(99K)(89.1K)(84.6K)
Retained Earnings Total Equity2.7B2.8B3.0B3.3B3.8B2.5B

Pair Trading with Lincoln Electric

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Lincoln Electric position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Lincoln Electric will appreciate offsetting losses from the drop in the long position's value.

Moving together with Lincoln Stock

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Moving against Lincoln Stock

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The ability to find closely correlated positions to Lincoln Electric could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Lincoln Electric when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Lincoln Electric - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Lincoln Electric Holdings to buy it.
The correlation of Lincoln Electric is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Lincoln Electric moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Lincoln Electric Holdings moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Lincoln Electric can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching
When determining whether Lincoln Electric Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lincoln Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lincoln Electric Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lincoln Electric Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln Electric Holdings. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators.
You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.
Is Industrial Machinery & Supplies & Components space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lincoln Electric. If investors know Lincoln will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lincoln Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.20)
Dividend Share
2.84
Earnings Share
8.38
Revenue Per Share
71.184
Quarterly Revenue Growth
(0.05)
The market value of Lincoln Electric Holdings is measured differently than its book value, which is the value of Lincoln that is recorded on the company's balance sheet. Investors also form their own opinion of Lincoln Electric's value that differs from its market value or its book value, called intrinsic value, which is Lincoln Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lincoln Electric's market value can be influenced by many factors that don't directly affect Lincoln Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lincoln Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lincoln Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lincoln Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.