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Lincoln Electric Holdings Inc  (LECO)
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Lincoln Electric Holdings Inc's Tangible Leverage Ratio

LECO's quarterly Tangible Leverage Ratio and Total Liabilities, Tangible Equity growth


In Spite of the repayements of liabilities of -2.14%, in IV Quarter 2023 ,Tangible Leverage Ratio deteriorated to 4.81 is above the company's typical Tangible Leverage Ratio.

Within Industrial Machinery and Components industry in the forth quarter 2023, 46 other companies have achieved lower Tangible Leverage Ratio than Lincoln Electric Holdings Inc in the IV Quarter 2023. While Tangible Leverage Ratio total ranking has deteriorated compared to the third quarter 2023 from 252 to 927 .

Explain Tangible Leverage Ratio?
What is LECO Market Share?
What are LECO´s Total Liabilities?


LECO Tangible Leverage Ratio (Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity Change 157.55 % 7.85 % 5.73 % 4.68 % -41.59 %
Y / Y Total Liabilities Change -3.48 % 21.57 % 15.37 % 13.6 % 27.39 %
Tangible Leverage Ratio MRQ 4.81 3.9 4.15 4.77 12.82
LECO's Total Ranking # 927 # 252 # 2731 # 2817 # 3252
Seq. Tangible Equity Change -20.64 % 5.89 % 14.16 % 168.46 % -66.77 %
Seq. Total Liabilities Change -2.14 % -0.45 % -0.85 % -0.07 % 23.25 %



Tangible Leverage Ratio forth quarter 2023 Company Ranking
Within: No.
Industrial Machinery and Components Industry # 47
Capital Goods Sector # 106
Overall Market # 927


Tangible Leverage Ratio Statistics
High Average Low
2.45 1.45 0.4
(Mar 31 2020)   (Mar 31 2014)




Financial Statements
Lincoln Electric Holdings Inc's Tangible Equity $ 428 Millions Visit LECO's Balance sheet
Lincoln Electric Holdings Inc's Total Liabilities $ 2,055 Millions Visit LECO's Balance sheet
Source of LECO's Sales Visit LECO's Sales by Geography


Cumulative Lincoln Electric Holdings Inc's Tangible Leverage Ratio

LECO's Tangible Leverage Ratio for the trailling 12 Months

LECO Tangible Leverage Ratio

(Dec 31 2023)
IV. Quarter
(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
Y / Y Tangible Equity TTM Growth 157.55 % 7.85 % 5.73 % 4.68 % -41.59 %
Y / Y Total Liabilities TTM Growth -3.48 % 21.57 % 15.37 % 13.6 % 27.39 %
Tangible Leverage Ratio TTM 4.37 5.1 4.99 4.9 4.81
Total Ranking TTM # 1477 # 2228 # 2312 # 2381 # 2687
Seq. Tangible Equity TTM Growth -20.64 % 5.89 % 14.16 % 168.46 % -66.77 %
Seq. Total Liabilities TTM Growth -2.14 % -0.45 % -0.85 % -0.07 % 23.25 %


On the trailing twelve months basis Due to repayements of liabilities of -2.14% Lincoln Electric Holdings Inc decreased Tangible Leverage Ratio in the 12 months ending in IV Quarter 2023 to 4.37, above the Lincoln Electric Holdings Inc's average Tangible Leverage Ratio.
Tangible Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Industrial Machinery and Components industry 3, during the past 12 months, other companies have achieved lower Tangible Leverage Ratio than Lincoln Electric Holdings Inc. While Tangible Leverage Ratio total ranking has deteriorated during the twelve months ending in the IV Quarter 2023, compared to the prior period, from 35 to 4.

Explain Tangible Leverage Ratio?
What is LECO Market Share?
What are LECO´s Total Liabilities?

TTM Tangible Leverage Ratio Company Ranking
Within: No.
Within the Industrial Machinery and Components Industry # 4
Capital Goods Sector # 7
Within the Market # 927


trailing twelve months Tangible Leverage Ratio Statistics
High Average Low
1.08 0.61 0
(Dec 31 2020)   (Sep. 30, 2014)




Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Industrial Machinery and Components Industry Tangible Leverage RatioDec 31 2023 MRQ Total LiabilitiesDec 31 2023 MRQ Tangible Equity
Curtiss wright Corporation  10.82 $ 2,292.556  Millions$ 211.975  Millions
Symbotic Inc   6.77 $ 1,163.697  Millions$ 171.875  Millions
Spectrum Brands Holdings Inc   6.61 $ 2,545.500  Millions$ 385.300  Millions
Deere and Co  6.46 $ 109,770.000  Millions$ 17,001.000  Millions
Nn Inc   5.82 $ 385.883  Millions$ 66.278  Millions
Thermon Group Holdings inc   5.14 $ 337.663  Millions$ 65.640  Millions
Lincoln Electric Holdings Inc  4.81 $ 2,055.299  Millions$ 427.733  Millions
Sunrun Inc   4.56 $ 14,212.401  Millions$ 3,115.668  Millions
Flux Power Holdings Inc   4.10 $ 30.286  Millions$ 7.383  Millions
Bloom Energy Corp  3.67 $ 1,911.599  Millions$ 520.670  Millions
John Bean Technologies Corporation  3.07 $ 983.400  Millions$ 320.500  Millions
Fluence Energy Inc   3.07 $ 1,394.215  Millions$ 454.840  Millions
Desktop Metal inc   2.95 $ 216.349  Millions$ 73.393  Millions
Moog Inc   2.80 $ 2,245.524  Millions$ 801.141  Millions
Enersys  2.44 $ 1,716.039  Millions$ 703.883  Millions
Ekso Bionics Holdings Inc   2.24 $ 16.312  Millions$ 7.283  Millions
Agco Corp  2.16 $ 6,507.500  Millions$ 3,014.600  Millions
Championx Corp  1.98 $ 1,485.345  Millions$ 748.414  Millions
Donaldson Company Inc   1.92 $ 1,385.800  Millions$ 720.500  Millions
Siteone Landscape Supply Inc   1.87 $ 1,342.800  Millions$ 719.800  Millions
Atkore Inc   1.77 $ 1,433.047  Millions$ 808.180  Millions
Owens Corning  1.64 $ 5,990.000  Millions$ 3,657.000  Millions
Tennant Co  1.64 $ 536.400  Millions$ 327.800  Millions
Enovix Corporation  1.45 $ 299.449  Millions$ 206.837  Millions
Kadant Inc   1.44 $ 324.613  Millions$ 224.870  Millions
Tecogen Inc   1.38 $ 13.046  Millions$ 9.473  Millions
Lam Research Corporation  1.36 $ 8,768.419  Millions$ 6,444.885  Millions
Kennametal Inc   1.22 $ 1,176.838  Millions$ 964.590  Millions
Asml Holding Nv  1.21 $ 11,050.368  Millions$ 9,096.752  Millions
Veeco Instruments inc  1.21 $ 498.975  Millions$ 413.533  Millions

Date modified: 2024-02-28T17:18:57+00:00



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