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
Watsco: Plumbing May Be Its Next Big Growth Opportunity (Rating Upgrade)
Apr 26Watsco: Good Growth Prospects But Priced In
Sep 06Watsco: Good Growth Prospects Despite Challenging Macros
Feb 22Watsco, Inc. goes ex dividend tomorrow
Jan 12Watsco Can See A Meaningful Outperformance In 2023
Dec 10Watsco: Recent Correction Presents A Good Buying Opportunity
May 26LRT Capital - Watsco Inc.: A Long Growth Runway
May 06Watsco: A Great Company At A Lofty Price
Apr 26I Am Buying The Dip Of Watsco Because Of Its Buy And Build Strategy And Innovation Efforts
Feb 01Watsco Sees Return On Its Technology-Pioneering Efforts
Dec 06Financial Position Analysis
Short Term Liabilities: WSO.B's short term assets ($3.1B) exceed its short term liabilities ($933.1M).
Long Term Liabilities: WSO.B's short term assets ($3.1B) exceed its long term liabilities ($422.5M).
Debt to Equity History and Analysis
Debt Level: WSO.B is debt free.
Reducing Debt: WSO.B has no debt compared to 5 years ago when its debt to equity ratio was 9.7%.
Debt Coverage: WSO.B has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: WSO.B has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/02/02 01:42 |
| End of Day Share Price | 2025/01/31 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Watsco, Inc. is covered by 31 analysts. 15 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| David Manthey | Baird |
| Scott Davis | Barclays |
| Robert Barry | Buckingham Research Group Inc. |