Watsco Balance Sheet Health
Financial Health criteria checks 6/6
Watsco has a total shareholder equity of $2.9B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.4B and $1.4B respectively. Watsco's EBIT is $731.2M making its interest coverage ratio 398.4. It has cash and short-term investments of $478.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 398.4x |
Cash | US$478.86m |
Equity | US$2.93b |
Total liabilities | US$1.43b |
Total assets | US$4.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WC30's short term assets ($3.0B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: WC30's short term assets ($3.0B) exceed its long term liabilities ($403.4M).
Debt to Equity History and Analysis
Debt Level: WC30 is debt free.
Reducing Debt: WC30 has no debt compared to 5 years ago when its debt to equity ratio was 8.7%.
Debt Coverage: WC30 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WC30 has no debt, therefore coverage of interest payments is not a concern.