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Watsco Cash-to-Debt

: 0.20 (As of Mar. 2022)
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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Watsco's cash to debt ratio for the quarter that ended in Mar. 2022 was 0.20.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Watsco couldn't pay off its debt using the cash in hand for the quarter that ended in Mar. 2022.

The historical rank and industry rank for Watsco's Cash-to-Debt or its related term are showing as below:

WSO' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.01   Med: 0.14   Max: 12.65
Current: 0.2

During the past 13 years, Watsco's highest Cash to Debt Ratio was 12.65. The lowest was 0.01. And the median was 0.14.

WSO's Cash-to-Debt is ranked worse than
69.8% of 149 companies
in the Industrial Distribution industry
Industry Median: 0.46 vs WSO: 0.20

Watsco Cash-to-Debt Historical Data

The historical data trend for Watsco's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Watsco Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cash-to-Debt
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.61 0.61 0.20 0.68 0.32

Watsco Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Cash-to-Debt Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.36 0.25 0.50 0.32 0.20

Competitive Comparison

For the Industrial Distribution subindustry, Watsco's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

   

Watsco Cash-to-Debt Distribution

For the Industrial Distribution industry and Industrials sector, Watsco's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Watsco's Cash-to-Debt falls into.



Watsco Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Watsco's Cash to Debt Ratio for the fiscal year that ended in Dec. 2021 is calculated as:

Watsco's Cash to Debt Ratio for the quarter that ended in Mar. 2022 is calculated as:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Watsco  (NYSE:WSO) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.


Watsco Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Watsco's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.


Watsco Business Description

Watsco logo
Industry
Industrials » Industrial Distribution NAICS : 423730 SIC : 5075
Address
2665 South Bayshore Drive, Suite 901, Miami, FL, USA, 33133
Watsco Inc is a distributor of heating, ventilation, and air-conditioning units. With more than 660 locations in 42 states, it serves more than 120000 contractors and dealers. About 70% of revenue is derived from the residential HVAC replacement market, with the residual coming from new construction.
Executives
Sape George director 2665 S BAYSHORE DRIVE STE 901 C/O WATSCO INC COCONUT GROVE FL 33131
Keeley Brian E. director 2665 S. BAYSHORE DRIVE SUITE 901 MIAMI FL 33133
Rubin Steven director 2665 S. BAYSHORE DRIVE SUITE 901 MIAMI FL 33133
Dickins Denise director 1867 TRAVIS CIRCLE WEST PALM BEACH FL 33406
Alvarez Cesar L director C/O PEDIATRIX MEDICAL GROUP LEGAL DEPT 1301- CONCORD TERRACE SUNRISE FL 33323
Moss Bob L director PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: MOSS BOB L a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Custer John Michael director 2665 S. BAYSHORE DRIVE SUITE 901 MIAMI FL 33133
Nahmad Albert H director, officer: Chairman and CEO PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: NAHMAD ALBERT H a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Menendez Ana M officer: CFO / Treasurer PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: MENENDEZ ANA M a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Logan Barry S officer: Executive Vice President PUBLIC "-//W3C//DTD HTML 4.0 Transitional//EN"> Ownership Information: LOGAN BARRY S a.header:link {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:visited {color: #3b4fae; font-weight: bold; text-decoration: underline;} a.header:hover {color: #191970;}
Nahmad Aaron J director, officer: President 2665 S. BAYSHORE DRIVE, SUITE 901 COCONUT GROVE FL 33133
Rush Stephen F. officer: EVP and COO 2665 S. BAYSHORE DRIVE SUITE 901 MIAMI FL 33133
Epstein Jason director % COLUMBUS ACQUISITION CORP 153 EAST 53RD STREET 58TH FLOOR NEW YORK NY 10022
Watsco Inc director 2665 SOUTH BAYSHORE DR, STE 901 COCONUT GROVE FL 33133
Darnell David C. director 100 NORTH TRYON STREET CHARLOTTE NC 28255

Watsco Headlines

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