Lincoln Electric Holdings, Inc. (LECO)

Lincoln Electric Holdings Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	404.22	393.79	197.15	192.96	257.28	199.56
Cash & Short-Term Investments	404.22	393.79	197.15	192.96	257.28	199.56
Cash Growth	17.96%	99.74%	2.17%	-25.00%	28.92%	-44.39%
Receivables	574.52	580.65	576.78	454.37	395.6	408.22
Inventory	612.41	562.86	665.45	539.92	381.26	393.75
Prepaid Expenses	-	-	-	20.62	19.58	17.44
Other Current Assets	165.96	155.81	118.41	81.73	58.62	56.62
Total Current Assets	1,757	1,693	1,558	1,290	1,112	1,076
Property, Plant & Equipment	682.97	628.6	589.68	559.71	565.66	580.88
Long-Term Investments	-	1.46	-	-	-	2.96
Goodwill	818.83	694.45	665.26	430.16	335.59	337.11
Other Intangible Assets	-	186.67	202.71	149.39	134.45	177.8
Long-Term Deferred Tax Assets	-	45.18	22.81	18.32	16.96	14.28
Other Long-Term Assets	405.65	127.83	142.3	145.13	149.45	182.61
Total Assets	3,665	3,377	3,181	2,592	2,314	2,371
Accounts Payable	323.58	325.44	352.08	330.23	256.53	273
Accrued Expenses	194.43	113.2	112.3	111.8	102.21	86.62
Short-Term Debt	11.99	2.44	82.44	51.96	2.62	34.86
Current Portion of Long-Term Debt	100	0	11.04	0.77	0.11	0.11
Current Portion of Leases	13.79	13.1	10.38	10.22	11.5	13.57
Current Unearned Revenue	112.27	92.49	113.53	112.5	36.32	32.31
Other Current Liabilities	195.26	207.95	171.14	138.43	140.15	122.66
Total Current Liabilities	951.34	754.61	852.9	755.91	549.45	563.14
Long-Term Debt	1,151	1,103	1,110	717.09	715.46	712.3
Long-Term Leases	46.33	41.58	35.95	38.96	33.99	39.08
Long-Term Deferred Tax Liabilities	-	13.15	17.02	56.72	46.74	64.29
Other Long-Term Liabilities	177.07	111.1	90.25	100.16	97.94	90.9
Total Liabilities	2,325	2,068	2,147	1,728	1,524	1,552
Common Stock	9.86	9.86	9.86	9.86	9.86	9.86
Additional Paid-In Capital	561.15	523.36	481.86	451.27	409.96	389.45
Retained Earnings	3,894	3,688	3,307	2,970	2,821	2,736
Treasury Stock	-2,890	-2,683	-2,489	-2,310	-2,150	-2,042
Comprehensive Income & Other	-235.83	-229.85	-275.4	-257.39	-302.19	-275.85
Total Common Equity	1,339	1,309	1,034	864.1	789.27	818.17
Minority Interest	-	-	-	-0.19	0.98	0.91
Shareholders' Equity	1,339	1,309	1,034	863.91	790.25	819.08
Total Liabilities & Equity	3,665	3,377	3,181	2,592	2,314	2,371
Total Debt	1,323	1,160	1,250	819	763.68	799.92
Net Cash (Debt)	-918.52	-766.1	-1,053	-626.04	-506.4	-600.36
Net Cash Per Share	-15.97	-13.16	-17.92	-10.42	-8.41	-9.58
Filing Date Shares Outstanding	56.43	56.82	57.58	58.73	59.66	60.36
Total Common Shares Outstanding	56.43	56.98	57.62	58.79	59.64	60.59
Working Capital	805.77	938.5	704.89	533.69	562.89	512.45
Book Value Per Share	23.73	22.97	17.94	14.70	13.23	13.50
Tangible Book Value	520.36	427.73	166.08	284.55	319.23	303.27
Tangible Book Value Per Share	9.22	7.51	2.88	4.84	5.35	5.01
Land	-	67.95	71.45	67.9	70.34	71.68
Buildings	-	445.04	447.1	426.17	433.82	427.17
Machinery	-	939.32	916.87	885.72	902.58	856.27

Source: S&P Capital IQ. Standard template. Financial Sources.