Watsco Balance Sheet Health
Financial Health criteria checks 6/6
Watsco has a total shareholder equity of $2.6B and total debt of $15.4M, which brings its debt-to-equity ratio to 0.6%. Its total assets and total liabilities are $3.7B and $1.1B respectively. Watsco's EBIT is $771.4M making its interest coverage ratio 156.8. It has cash and short-term investments of $210.1M.
Key information
0.6%
Debt to equity ratio
US$15.40m
Debt
Interest coverage ratio | 156.8x |
Cash | US$210.11m |
Equity | US$2.62b |
Total liabilities | US$1.11b |
Total assets | US$3.73b |
Recent financial health updates
Is Watsco (NYSE:WSO) Using Too Much Debt?
Feb 01Is Watsco (NYSE:WSO) A Risky Investment?
Jun 30Watsco (NYSE:WSO) Has A Rock Solid Balance Sheet
Mar 28Is Watsco (NYSE:WSO) A Risky Investment?
Dec 18Is Watsco (NYSE:WSO) A Risky Investment?
Sep 04Watsco (NYSE:WSO) Could Easily Take On More Debt
May 31Recent updates
A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)
Mar 12Watsco: A Fantastic Dividend Compounder I Just Put On My Watchlist
Mar 07Returns on Capital Paint A Bright Future For Watsco (NYSE:WSO)
Feb 16Is Watsco (NYSE:WSO) Using Too Much Debt?
Feb 01Watsco: A Simple Thesis For A Great Company
Jan 16Watsco, Inc.'s (NYSE:WSO) Price Is Out Of Tune With Earnings
Jan 04Why Watsco, Inc. (NYSE:WSO) Could Be Worth Watching
Dec 20Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)
Nov 21Watsco (NYSE:WSO) Might Become A Compounding Machine
Nov 08Watsco: Staying Chill For Now
Nov 08Watsco, Inc.: Strong Growth Driven By Supply Chain Disruption Is Diminishing
Oct 24Watsco (NYSE:WSO) Ticks All The Boxes When It Comes To Earnings Growth
Oct 11At US$349, Is It Time To Put Watsco, Inc. (NYSE:WSO) On Your Watch List?
Sep 11Watsco: Time To Cool Off
Sep 08Is Watsco, Inc. (NYSE:WSO) Worth US$355 Based On Its Intrinsic Value?
Aug 11Investors Should Be Encouraged By Watsco's (NYSE:WSO) Returns On Capital
Jul 27Watsco (NYSE:WSO) Is Increasing Its Dividend To $2.45
Jul 12Is Watsco (NYSE:WSO) A Risky Investment?
Jun 30Watsco: Shares Have Run Their Course (Rating Downgrade)
Jun 29If EPS Growth Is Important To You, Watsco (NYSE:WSO) Presents An Opportunity
Jun 15When Should You Buy Watsco, Inc. (NYSE:WSO)?
May 31We Like Watsco's (NYSE:WSO) Returns And Here's How They're Trending
Apr 19Watsco's (NYSE:WSO) Dividend Will Be Increased To $2.45
Apr 06Watsco (NYSE:WSO) Has A Rock Solid Balance Sheet
Mar 28With EPS Growth And More, Watsco (NYSE:WSO) Makes An Interesting Case
Mar 12Estimating The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)
Feb 26Watsco Q4 2022 Earnings Preview
Feb 15Investors Shouldn't Overlook Watsco's (NYSE:WSO) Impressive Returns On Capital
Jan 15Watsco hikes quarterly dividend by 11% to $2.45
Jan 03Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?
Jan 01Is Watsco (NYSE:WSO) A Risky Investment?
Dec 18Watsco: Finally Worth Considering
Dec 07Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?
Dec 04A Look At The Intrinsic Value Of Watsco, Inc. (NYSE:WSO)
Nov 20Watsco Q3 2022 Earnings Preview
Oct 19Watsco declares $2.20 dividend
Oct 03What Does Watsco, Inc.'s (NYSE:WSO) Share Price Indicate?
Oct 02Watsco: Still Not An Ideal Play
Sep 25Watsco (NYSE:WSO) Is Very Good At Capital Allocation
Sep 18Is Watsco (NYSE:WSO) A Risky Investment?
Sep 04Does Watsco (NYSE:WSO) Deserve A Spot On Your Watchlist?
Aug 22Estimating The Fair Value Of Watsco, Inc. (NYSE:WSO)
Aug 08Watsco Q2 2022 Earnings Preview
Jul 25Searching For Wonderful Businesses: Watsco
Jul 11Watsco declares $2.20 dividend
Jul 01Is Now The Time To Look At Buying Watsco, Inc. (NYSE:WSO)?
Jun 27Watsco (NYSE:WSO) Is Investing Its Capital With Increasing Efficiency
Jun 13Watsco (NYSE:WSO) Could Easily Take On More Debt
May 31Here's Why We Think Watsco (NYSE:WSO) Is Well Worth Watching
May 17Calculating The Fair Value Of Watsco, Inc. (NYSE:WSO)
May 04Watsco's (NYSE:WSO) Shareholders Will Receive A Bigger Dividend Than Last Year
Apr 04Financial Position Analysis
Short Term Liabilities: WSO's short term assets ($2.4B) exceed its short term liabilities ($712.0M).
Long Term Liabilities: WSO's short term assets ($2.4B) exceed its long term liabilities ($401.0M).
Debt to Equity History and Analysis
Debt Level: WSO has more cash than its total debt.
Reducing Debt: WSO's debt to equity ratio has reduced from 8.5% to 0.6% over the past 5 years.
Debt Coverage: WSO's debt is well covered by operating cash flow (3649.1%).
Interest Coverage: WSO's interest payments on its debt are well covered by EBIT (156.8x coverage).