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 $736.7M making its interest coverage ratio 401.5. It has cash and short-term investments of $478.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | 401.5x |
| 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
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 ($3.0B) exceed its short term liabilities ($1.0B).
Long Term Liabilities: WSO.B's short term assets ($3.0B) exceed its long term liabilities ($403.4M).
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 8.7%.
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.