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 ratio | 356.4x |
Cash | US$353.50m |
Equity | US$1.51b |
Total liabilities | US$796.10m |
Total assets | US$2.31b |
Recent financial health updates
These 4 Measures Indicate That Watts Water Technologies (NYSE:WTS) Is Using Debt Safely
Jan 10We Think Watts Water Technologies (NYSE:WTS) Can Manage Its Debt With Ease
Sep 22Watts Water Technologies (NYSE:WTS) Has A Rock Solid Balance Sheet
Jun 19Watts Water Technologies (NYSE:WTS) Seems To Use Debt Rather Sparingly
Mar 15Is Watts Water Technologies (NYSE:WTS) Using Too Much Debt?
Nov 29Watts Water Technologies (NYSE:WTS) Could Easily Take On More Debt
Aug 07Recent updates
Is Now The Time To Put Watts Water Technologies (NYSE:WTS) On Your Watchlist?
Mar 21Watts Water Technologies (NYSE:WTS) Is Doing The Right Things To Multiply Its Share Price
Mar 08Calculating The Fair Value Of Watts Water Technologies, Inc. (NYSE:WTS)
Feb 03These 4 Measures Indicate That Watts Water Technologies (NYSE:WTS) Is Using Debt Safely
Jan 10Watts Water Technologies, Inc.'s (NYSE:WTS) Popularity With Investors Is Under Threat From Overpricing
Dec 29Watts Water Technologies: A Premium Valuation That I Rather Not Pay
Dec 10Shareholders Would Enjoy A Repeat Of Watts Water Technologies' (NYSE:WTS) Recent Growth In Returns
Dec 05We Ran A Stock Scan For Earnings Growth And Watts Water Technologies (NYSE:WTS) Passed With Ease
Nov 23Estimating The Intrinsic Value Of Watts Water Technologies, Inc. (NYSE:WTS)
Oct 29Is It Time To Consider Buying Watts Water Technologies, Inc. (NYSE:WTS)?
Oct 17We Think Watts Water Technologies (NYSE:WTS) Can Manage Its Debt With Ease
Sep 22Watts Water Technologies: Interesting Bradley Deal To Drive Growth
Aug 31Returns On Capital Are A Standout For Watts Water Technologies (NYSE:WTS)
Aug 31Here's Why We Think Watts Water Technologies (NYSE:WTS) Might Deserve Your Attention Today
Jul 25Is Now An Opportune Moment To Examine Watts Water Technologies, Inc. (NYSE:WTS)?
Jul 13Watts Water Technologies: Too Overvalued For My Liking
Jul 05Is Watts Water Technologies, Inc. (NYSE:WTS) Expensive For A Reason? A Look At Its Intrinsic Value
Jul 01Watts Water Technologies (NYSE:WTS) Has A Rock Solid Balance Sheet
Jun 19Investors Shouldn't Overlook Watts Water Technologies' (NYSE:WTS) Impressive Returns On Capital
May 25If EPS Growth Is Important To You, Watts Water Technologies (NYSE:WTS) Presents An Opportunity
Apr 22At US$155, Is Watts Water Technologies, Inc. (NYSE:WTS) Worth Looking At Closely?
Apr 08Watts Water Technologies (NYSE:WTS) Seems To Use Debt Rather Sparingly
Mar 15Watts Water Technologies declares $0.30 dividend
Feb 06We Think Watts Water Technologies (NYSE:WTS) Might Have The DNA Of A Multi-Bagger
Feb 02With EPS Growth And More, Watts Water Technologies (NYSE:WTS) Makes An Interesting Case
Jan 20Is Now The Time To Look At Buying Watts Water Technologies, Inc. (NYSE:WTS)?
Jan 05Calculating The Fair Value Of Watts Water Technologies, Inc. (NYSE:WTS)
Dec 24Watts Water Technologies: Keeps Your Water And Your Dividends Flowing
Dec 20Is Watts Water Technologies (NYSE:WTS) Using Too Much Debt?
Nov 29Watts Water Technologies declares $0.30 dividend
Nov 01Why We Like The Returns At Watts Water Technologies (NYSE:WTS)
Oct 30Should You Be Adding Watts Water Technologies (NYSE:WTS) To Your Watchlist Today?
Oct 18At US$131, Is Watts Water Technologies, Inc. (NYSE:WTS) Worth Looking At Closely?
Oct 06Is Watts Water Technologies, Inc. (NYSE:WTS) Trading At A 24% Discount?
Sep 24Watts Water Tech: Strong Construction And Retrofit Markets, Boosted By Excellent Execution
Aug 24Watts Water Technologies (NYSE:WTS) Could Easily Take On More Debt
Aug 07Watts Water Technologies declares $0.30 dividend
Aug 01Watts Water Technologies (NYSE:WTS) Is Doing The Right Things To Multiply Its Share Price
Jul 26Watts Water Technologies names new COO
Jul 19Here's Why We Think Watts Water Technologies (NYSE:WTS) Is Well Worth Watching
Jul 14Is It Time To Consider Buying Watts Water Technologies, Inc. (NYSE:WTS)?
Jul 01Watts Water Technologies, Inc. (NYSE:WTS) Shares Could Be 37% Below Their Intrinsic Value Estimate
Jun 19Watts Water Technologies (NYSE:WTS) Is Increasing Its Dividend To US$0.30
May 26Watts Water Technologies' (NYSE:WTS) Shareholders Will Receive A Bigger Dividend Than Last Year
May 12Financial 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).