Lincoln Electric Holdings Inc (LECO)
Debt-to-capital ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,327,430 | 1,339,190 | 1,312,910 | 1,307,830 | 1,308,850 | 1,225,580 | 1,201,420 | 1,125,290 | 1,034,040 | 924,319 | 913,061 | 863,118 | 863,909 | 857,993 | 859,623 | 803,515 | 790,250 | 710,744 | 660,111 | 667,103 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,327,430K)
= 0.00
The debt-to-capital ratio of Lincoln Electric Holdings Inc has consistently remained at 0.00 over the past several quarters, indicating that the company has not had any debt in relation to its total capital during this period. This suggests that Lincoln Electric Holdings Inc has been primarily funding its operations and investments through equity rather than debt financing. A debt-to-capital ratio of 0.00 typically signifies a conservative financial structure with low financial risk. It also implies that the company has a strong ability to cover its obligations without relying heavily on debt, which can be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024