Watsco Balance Sheet Health
Financial Health criteria checks 6/6
Watsco has a total shareholder equity of $3.2B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $4.5B and $1.4B respectively. Watsco's EBIT is $721.1M making its interest coverage ratio -47.6. It has cash and short-term investments of $550.0M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -47.6x |
| Cash | US$550.02m |
| Equity | US$3.16b |
| Total liabilities | US$1.36b |
| Total assets | US$4.52b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WC30's short term assets ($3.1B) exceed its short term liabilities ($933.1M).
Long Term Liabilities: WC30's short term assets ($3.1B) exceed its long term liabilities ($422.5M).
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 9.7%.
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.