Lincoln Electric''s Debt Overview
Over the past three months, shares of Lincoln Electric Holdings (NASDAQ: LECO ) moved higher by 3.05%. Before we understand the importance of debt, let us look at how much debt Lincoln Electric Holdings has. Lincoln Electric Holdings''s Debt According to the Lincoln Electric Holdings''s most recent balance sheet as reported on April 27, 2021, total debt is at $718.93 million, with $715.33 million in long-term debt and $3.61 million in current debt. Adjusting for $242.13 million in cash-equivalents, the company has a net debt of $476.81 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within Full story available on Benzinga.com
Lincoln Electric''s Debt Overview
Over the past three months, shares of Lincoln Electric Holdings (NASDAQ: LECO ) moved higher by 3.05%. Before we understand the importance of debt, let us look at how much debt Lincoln Electric Holdings has. Lincoln Electric Holdings''s Debt According to the Lincoln Electric Holdings''s most recent balance sheet as reported on April 27, 2021, total debt is at $718.93 million, with $715.33 million in long-term debt and $3.61 million in current debt. Adjusting for $242.13 million in cash-equivalents, the company has a net debt of $476.81 million. Let''s define some of the terms we used in the paragraph above. Current debt is the portion of a company''s debt which is due within Full story available on Benzinga.com