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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?
Select the Comparisons :
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Select the Ratio:
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Tangible Leverage Ratio ▼
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Tangible Leverage Ratio ▼
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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) |
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(Mar 31 2014) |
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
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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) |
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(Sep. 30, 2014) |
Companies with similar Tangible Leverage Ratio in the quarter ending Dec 31 2023, within Industrial Machinery and Components Industry | Tangible Leverage Ratio | Dec 31 2023 MRQ Total Liabilities | Dec 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 |
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