Lincoln Good Will vs Accounts Payable Analysis

LECO Stock  USD 229.94  2.01  0.88%   
Lincoln Electric financial indicator trend analysis is infinitely more than just investigating Lincoln Electric Holdings recent accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Lincoln Electric Holdings is a good investment. Please check the relationship between Lincoln Electric Good Will and its Accounts Payable accounts. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln Electric Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.

Good Will vs Accounts Payable

Good Will vs Accounts Payable Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Lincoln Electric Holdings Good Will account and Accounts Payable. At this time, the significance of the direction appears to have strong relationship.
The correlation between Lincoln Electric's Good Will and Accounts Payable is 0.61. Overlapping area represents the amount of variation of Good Will that can explain the historical movement of Accounts Payable in the same time period over historical financial statements of Lincoln Electric Holdings, assuming nothing else is changed. The correlation between historical values of Lincoln Electric's Good Will and Accounts Payable is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Good Will of Lincoln Electric Holdings are associated (or correlated) with its Accounts Payable. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Accounts Payable has no effect on the direction of Good Will i.e., Lincoln Electric's Good Will and Accounts Payable go up and down completely randomly.

Correlation Coefficient

0.61
Relationship DirectionPositive 
Relationship StrengthSignificant

Good Will

An intangible asset that arises when a company acquires another business for more than the fair market value of its net identifiable assets, representing the value of the brand, customer base, and other intangible factors.

Accounts Payable

An accounting item on the balance sheet that represents Lincoln Electric obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Lincoln Electric Holdings are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.
Most indicators from Lincoln Electric's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Lincoln Electric Holdings current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln Electric Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
At this time, Lincoln Electric's Enterprise Value Over EBITDA is very stable compared to the past year. As of the 28th of April 2024, Enterprise Value Multiple is likely to grow to 17.78, while Selling General Administrative is likely to drop about 451.9 M.
 2021 2022 2023 2024 (projected)
Gross Profit1.1B1.3B1.5B746.7M
Total Revenue3.2B3.8B4.2B2.3B

Lincoln Electric fundamental ratios Correlations

0.50.570.940.520.940.410.750.950.490.770.280.450.970.030.620.90.34-0.690.70.610.960.180.920.830.83
0.50.370.6-0.060.450.980.740.51-0.260.810.05-0.310.53-0.540.780.67-0.43-0.770.820.870.360.270.420.10.08
0.570.370.560.230.60.340.380.550.170.440.360.130.570.050.370.550.27-0.380.410.260.510.450.630.470.47
0.940.60.560.40.860.550.730.970.250.750.320.220.94-0.090.610.970.32-0.710.720.70.890.380.860.680.68
0.52-0.060.230.40.65-0.170.260.370.60.32-0.270.50.560.76-0.170.410.350.05-0.020.190.620.240.490.710.71
0.940.450.60.860.650.350.730.880.530.750.220.460.930.210.50.820.34-0.610.60.530.910.170.850.870.87
0.410.980.340.55-0.170.350.620.46-0.430.70.05-0.470.45-0.630.70.63-0.46-0.690.740.80.250.30.36-0.04-0.05
0.750.740.380.730.260.730.620.720.310.970.30.270.7-0.160.870.68-0.01-0.930.920.810.690.030.670.590.58
0.950.510.550.970.370.880.460.720.290.730.470.30.91-0.10.630.90.4-0.720.720.60.880.190.890.710.71
0.49-0.260.170.250.60.53-0.430.310.290.220.050.920.440.580.10.150.44-0.150.12-0.030.62-0.150.370.810.81
0.770.810.440.750.320.750.70.970.730.220.240.180.75-0.160.850.75-0.06-0.880.920.860.690.10.690.530.52
0.280.050.360.32-0.270.220.050.30.470.050.240.150.17-0.250.430.170.35-0.460.390.090.2-0.220.350.220.22
0.45-0.310.130.220.50.46-0.470.270.30.920.180.150.40.490.140.10.5-0.140.15-0.070.61-0.230.30.710.71
0.970.530.570.940.560.930.450.70.910.440.750.170.40.040.570.930.27-0.610.670.660.960.310.840.750.75
0.03-0.540.05-0.090.760.21-0.63-0.16-0.10.58-0.16-0.250.490.04-0.54-0.110.540.44-0.44-0.310.190.190.050.480.48
0.620.780.370.61-0.170.50.70.870.630.10.850.430.140.57-0.540.58-0.13-0.950.980.740.52-0.070.510.30.29
0.90.670.550.970.410.820.630.680.90.150.750.170.10.93-0.110.580.21-0.640.70.760.840.470.810.590.59
0.34-0.430.270.320.350.34-0.46-0.010.40.44-0.060.350.50.270.54-0.130.210.05-0.08-0.280.420.180.390.540.55
-0.69-0.77-0.38-0.710.05-0.61-0.69-0.93-0.72-0.15-0.88-0.46-0.14-0.610.44-0.95-0.640.05-0.96-0.74-0.580.06-0.63-0.45-0.44
0.70.820.410.72-0.020.60.740.920.720.120.920.390.150.67-0.440.980.7-0.08-0.960.830.620.060.580.380.37
0.610.870.260.70.190.530.80.810.6-0.030.860.09-0.070.66-0.310.740.76-0.28-0.740.830.560.310.460.270.26
0.960.360.510.890.620.910.250.690.880.620.690.20.610.960.190.520.840.42-0.580.620.560.240.820.860.86
0.180.270.450.380.240.170.30.030.19-0.150.1-0.22-0.230.310.19-0.070.470.180.060.060.310.240.130.060.06
0.920.420.630.860.490.850.360.670.890.370.690.350.30.840.050.510.810.39-0.630.580.460.820.130.780.78
0.830.10.470.680.710.87-0.040.590.710.810.530.220.710.750.480.30.590.54-0.450.380.270.860.060.781.0
0.830.080.470.680.710.87-0.050.580.710.810.520.220.710.750.480.290.590.55-0.440.370.260.860.060.781.0
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Lincoln Electric Account Relationship Matchups

Lincoln Electric fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets2.4B2.3B2.6B3.2B3.4B1.8B
Short Long Term Debt Total747.3M718.2M769.8M1.2B1.2B1.2B
Other Current Liab563.1M161.3M231.5M389.0M321.1M192.7M
Total Current Liabilities563.1M549.4M755.9M852.9M754.6M414.0M
Total Stockholder Equity819.1M790.3M863.9M1.0B1.3B886.8M
Property Plant And Equipment Net529.3M522.1M511.7M544.9M628.6M425.9M
Net Debt547.7M460.9M576.9M1.0B766.1M804.4M
Retained Earnings2.7B2.8B3.0B3.3B3.7B3.9B
Accounts Payable273.0M256.5M330.2M352.1M325.4M173.1M
Cash199.6M257.3M193.0M197.2M393.8M218.1M
Non Current Assets Total1.3B1.2B1.3B1.6B1.7B1.8B
Non Currrent Assets Other766.3M188.1M791.0M167.8M107.5M185.5M
Cash And Short Term Investments199.6M257.3M193.0M197.2M393.8M226.9M
Net Receivables374.6M373.5M429.1M541.5M580.6M315.8M
Common Stock Shares Outstanding62.7M60.2M60.1M58.7M58.2M63.2M
Liabilities And Stockholders Equity2.4B2.3B2.6B3.2B3.4B1.8B
Non Current Liabilities Total989.0M974.8M972.5M1.3B1.3B1.4B
Inventory393.7M381.3M539.9M665.5M562.9M332.1M
Other Current Assets681.8M731.1M749.7M892.3M155.8M148.0M
Other Stockholder Equity(1.7B)(1.7B)(1.9B)(2.0B)(2.2B)(2.1B)
Total Liab1.6B1.5B1.7B2.1B2.1B2.2B
Property Plant And Equipment Gross529.3M522.1M1.4B1.4B1.5B1.5B
Total Current Assets1.1B1.1B1.3B1.6B1.7B967.1M
Accumulated Other Comprehensive Income(275.9M)(302.2M)(257.4M)(275.3M)(229.8M)(241.3M)
Short Term Debt35.0M2.7M52.7M93.5M15.5M28.8M
Intangible Assets177.8M134.5M149.4M202.7M186.7M96.6M
Other Liab237.6M259.3M255.4M147.3M169.4M169.0M
Other Assets196.9M210.0M791.0M165.1M189.9M140.0M
Long Term Debt712.3M715.5M717.1M1.1B1.1B1.2B
Good Will337.1M335.6M430.2M665.3M694.5M729.2M
Treasury Stock(2.0B)(2.1B)(2.3B)(2.5B)(2.2B)(2.1B)
Property Plant Equipment529.3M522.1M511.7M544.9M626.6M462.1M
Current Deferred Revenue(308.0M)128.9M141.5M18.3M92.5M97.1M
Net Tangible Assets303.3M319.2M863.9M166.2M149.6M142.1M
Noncontrolling Interest In Consolidated Entity905K979K(193K)(99K)(89.1K)(84.6K)
Retained Earnings Total Equity2.7B2.8B3.0B3.3B3.8B2.5B

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When determining whether Lincoln Electric Holdings offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Lincoln Electric's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Lincoln Electric Holdings Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Lincoln Electric Holdings Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Lincoln Electric Holdings. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in main economic indicators.
Note that the Lincoln Electric Holdings information on this page should be used as a complementary analysis to other Lincoln Electric's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try the Top Crypto Exchanges module to search and analyze digital assets across top global cryptocurrency exchanges.

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When running Lincoln Electric's price analysis, check to measure Lincoln Electric's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Lincoln Electric is operating at the current time. Most of Lincoln Electric's value examination focuses on studying past and present price action to predict the probability of Lincoln Electric's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Lincoln Electric's price. Additionally, you may evaluate how the addition of Lincoln Electric to your portfolios can decrease your overall portfolio volatility.
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Is Lincoln Electric's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Lincoln Electric. If investors know Lincoln will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Lincoln Electric listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.024
Dividend Share
2.7
Earnings Share
9.43
Revenue Per Share
72.288
Quarterly Revenue Growth
(0.06)
The market value of Lincoln Electric Holdings is measured differently than its book value, which is the value of Lincoln that is recorded on the company's balance sheet. Investors also form their own opinion of Lincoln Electric's value that differs from its market value or its book value, called intrinsic value, which is Lincoln Electric's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Lincoln Electric's market value can be influenced by many factors that don't directly affect Lincoln Electric's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Lincoln Electric's value and its price as these two are different measures arrived at by different means. Investors typically determine if Lincoln Electric is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Lincoln Electric's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.