Watts Water Technologies, Inc.

NYSE:WTS Stock Report

Market Cap: US$7.0b

Watts Water Technologies Balance Sheet Health

Financial Health criteria checks 6/6

Watts Water Technologies has a total shareholder equity of $1.5B and total debt of $298.5M, which brings its debt-to-equity ratio to 19.7%. Its total assets and total liabilities are $2.3B and $796.1M respectively. Watts Water Technologies's EBIT is $356.4M making its interest coverage ratio 356.4. It has cash and short-term investments of $353.5M.

Key information

19.7%

Debt to equity ratio

US$298.50m

Debt

Interest coverage ratio356.4x
CashUS$353.50m
EquityUS$1.51b
Total liabilitiesUS$796.10m
Total assetsUS$2.31b

Recent financial health updates

Recent updates

Is Now The Time To Put Watts Water Technologies (NYSE:WTS) On Your Watchlist?

Mar 21
Is Now The Time To Put Watts Water Technologies (NYSE:WTS) On Your Watchlist?

Watts Water Technologies (NYSE:WTS) Is Doing The Right Things To Multiply Its Share Price

Mar 08
Watts Water Technologies (NYSE:WTS) Is Doing The Right Things To Multiply Its Share Price

Calculating The Fair Value Of Watts Water Technologies, Inc. (NYSE:WTS)

Feb 03
Calculating The Fair Value Of Watts Water Technologies, Inc. (NYSE:WTS)

These 4 Measures Indicate That Watts Water Technologies (NYSE:WTS) Is Using Debt Safely

Jan 10
These 4 Measures Indicate That Watts Water Technologies (NYSE:WTS) Is Using Debt Safely

Watts Water Technologies, Inc.'s (NYSE:WTS) Popularity With Investors Is Under Threat From Overpricing

Dec 29
Watts Water Technologies, Inc.'s (NYSE:WTS) Popularity With Investors Is Under Threat From Overpricing

Watts Water Technologies: A Premium Valuation That I Rather Not Pay

Dec 10

Shareholders Would Enjoy A Repeat Of Watts Water Technologies' (NYSE:WTS) Recent Growth In Returns

Dec 05
Shareholders Would Enjoy A Repeat Of Watts Water Technologies' (NYSE:WTS) Recent Growth In Returns

We Ran A Stock Scan For Earnings Growth And Watts Water Technologies (NYSE:WTS) Passed With Ease

Nov 23
We Ran A Stock Scan For Earnings Growth And Watts Water Technologies (NYSE:WTS) Passed With Ease

Estimating The Intrinsic Value Of Watts Water Technologies, Inc. (NYSE:WTS)

Oct 29
Estimating The Intrinsic Value Of Watts Water Technologies, Inc. (NYSE:WTS)

Is It Time To Consider Buying Watts Water Technologies, Inc. (NYSE:WTS)?

Oct 17
Is It Time To Consider Buying Watts Water Technologies, Inc. (NYSE:WTS)?

We Think Watts Water Technologies (NYSE:WTS) Can Manage Its Debt With Ease

Sep 22
We Think Watts Water Technologies (NYSE:WTS) Can Manage Its Debt With Ease

Watts Water Technologies: Interesting Bradley Deal To Drive Growth

Aug 31

Returns On Capital Are A Standout For Watts Water Technologies (NYSE:WTS)

Aug 31
Returns On Capital Are A Standout For Watts Water Technologies (NYSE:WTS)

Here's Why We Think Watts Water Technologies (NYSE:WTS) Might Deserve Your Attention Today

Jul 25
Here's Why We Think Watts Water Technologies (NYSE:WTS) Might Deserve Your Attention Today

Is Now An Opportune Moment To Examine Watts Water Technologies, Inc. (NYSE:WTS)?

Jul 13
Is Now An Opportune Moment To Examine Watts Water Technologies, Inc. (NYSE:WTS)?

Watts Water Technologies: Too Overvalued For My Liking

Jul 05

Is Watts Water Technologies, Inc. (NYSE:WTS) Expensive For A Reason? A Look At Its Intrinsic Value

Jul 01
Is Watts Water Technologies, Inc. (NYSE:WTS) Expensive For A Reason? A Look At Its Intrinsic Value

Watts Water Technologies (NYSE:WTS) Has A Rock Solid Balance Sheet

Jun 19
Watts Water Technologies (NYSE:WTS) Has A Rock Solid Balance Sheet

Investors Shouldn't Overlook Watts Water Technologies' (NYSE:WTS) Impressive Returns On Capital

May 25
Investors Shouldn't Overlook Watts Water Technologies' (NYSE:WTS) Impressive Returns On Capital

If EPS Growth Is Important To You, Watts Water Technologies (NYSE:WTS) Presents An Opportunity

Apr 22
If EPS Growth Is Important To You, Watts Water Technologies (NYSE:WTS) Presents An Opportunity

At US$155, Is Watts Water Technologies, Inc. (NYSE:WTS) Worth Looking At Closely?

Apr 08
At US$155, Is Watts Water Technologies, Inc. (NYSE:WTS) Worth Looking At Closely?

Watts Water Technologies (NYSE:WTS) Seems To Use Debt Rather Sparingly

Mar 15
Watts Water Technologies (NYSE:WTS) Seems To Use Debt Rather Sparingly

Watts Water Technologies declares $0.30 dividend

Feb 06

We Think Watts Water Technologies (NYSE:WTS) Might Have The DNA Of A Multi-Bagger

Feb 02
We Think Watts Water Technologies (NYSE:WTS) Might Have The DNA Of A Multi-Bagger

With EPS Growth And More, Watts Water Technologies (NYSE:WTS) Makes An Interesting Case

Jan 20
With EPS Growth And More, Watts Water Technologies (NYSE:WTS) Makes An Interesting Case

Is Now The Time To Look At Buying Watts Water Technologies, Inc. (NYSE:WTS)?

Jan 05
Is Now The Time To Look At Buying Watts Water Technologies, Inc. (NYSE:WTS)?

Calculating The Fair Value Of Watts Water Technologies, Inc. (NYSE:WTS)

Dec 24
Calculating The Fair Value Of Watts Water Technologies, Inc. (NYSE:WTS)

Watts Water Technologies: Keeps Your Water And Your Dividends Flowing

Dec 20

Is Watts Water Technologies (NYSE:WTS) Using Too Much Debt?

Nov 29
Is Watts Water Technologies (NYSE:WTS) Using Too Much Debt?

Watts Water Technologies declares $0.30 dividend

Nov 01

Why We Like The Returns At Watts Water Technologies (NYSE:WTS)

Oct 30
Why We Like The Returns At Watts Water Technologies (NYSE:WTS)

Should You Be Adding Watts Water Technologies (NYSE:WTS) To Your Watchlist Today?

Oct 18
Should You Be Adding Watts Water Technologies (NYSE:WTS) To Your Watchlist Today?

At US$131, Is Watts Water Technologies, Inc. (NYSE:WTS) Worth Looking At Closely?

Oct 06
At US$131, Is Watts Water Technologies, Inc. (NYSE:WTS) Worth Looking At Closely?

Is Watts Water Technologies, Inc. (NYSE:WTS) Trading At A 24% Discount?

Sep 24
Is Watts Water Technologies, Inc. (NYSE:WTS) Trading At A 24% Discount?

Watts Water Tech: Strong Construction And Retrofit Markets, Boosted By Excellent Execution

Aug 24

Watts Water Technologies (NYSE:WTS) Could Easily Take On More Debt

Aug 07
Watts Water Technologies (NYSE:WTS) Could Easily Take On More Debt

Watts Water Technologies declares $0.30 dividend

Aug 01

Watts Water Technologies (NYSE:WTS) Is Doing The Right Things To Multiply Its Share Price

Jul 26
Watts Water Technologies (NYSE:WTS) Is Doing The Right Things To Multiply Its Share Price

Watts Water Technologies names new COO

Jul 19

Here's Why We Think Watts Water Technologies (NYSE:WTS) Is Well Worth Watching

Jul 14
Here's Why We Think Watts Water Technologies (NYSE:WTS) Is Well Worth Watching

Is It Time To Consider Buying Watts Water Technologies, Inc. (NYSE:WTS)?

Jul 01
Is It Time To Consider Buying Watts Water Technologies, Inc. (NYSE:WTS)?

Watts Water Technologies, Inc. (NYSE:WTS) Shares Could Be 37% Below Their Intrinsic Value Estimate

Jun 19
Watts Water Technologies, Inc. (NYSE:WTS) Shares Could Be 37% Below Their Intrinsic Value Estimate

Watts Water Technologies (NYSE:WTS) Is Increasing Its Dividend To US$0.30

May 26
Watts Water Technologies (NYSE:WTS) Is Increasing Its Dividend To US$0.30

Watts Water Technologies' (NYSE:WTS) Shareholders Will Receive A Bigger Dividend Than Last Year

May 12
Watts Water Technologies' (NYSE:WTS) Shareholders Will Receive A Bigger Dividend Than Last Year

Financial Position Analysis

Short Term Liabilities: WTS's short term assets ($1.1B) exceed its short term liabilities ($405.8M).

Long Term Liabilities: WTS's short term assets ($1.1B) exceed its long term liabilities ($390.3M).


Debt to Equity History and Analysis

Debt Level: WTS has more cash than its total debt.

Reducing Debt: WTS's debt to equity ratio has reduced from 39.6% to 19.7% over the past 5 years.

Debt Coverage: WTS's debt is well covered by operating cash flow (104.1%).

Interest Coverage: WTS's interest payments on its debt are well covered by EBIT (356.4x coverage).


Balance Sheet


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