Watsco Net Debt vs Intangible Assets Analysis

WSO-B Stock

USD 501.35 10.54 2.06%

Watsco financial indicator trend analysis is more than just analyzing Watsco Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Watsco Inc is a good investment. Please check the relationship between Watsco Net Debt and its Intangible Assets accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Intangible Assets

Net Debt vs Intangible Assets Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Watsco Inc Net Debt account and Intangible Assets. At this time, the significance of the direction appears to have strong relationship.

The correlation between Watsco's Net Debt and Intangible Assets is 0.68. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Intangible Assets in the same time period over historical financial statements of Watsco Inc, assuming nothing else is changed. The correlation between historical values of Watsco's Net Debt and Intangible Assets is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Watsco Inc are associated (or correlated) with its Intangible Assets. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Intangible Assets has no effect on the direction of Net Debt i.e., Watsco's Net Debt and Intangible Assets go up and down completely randomly.

Correlation Coefficient

0.68

Relationship Direction	Positive
Relationship Strength	Significant

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Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Intangible Assets

Non-physical assets possessed by a company, such as patents, trademarks, and copyrights, which provide long-term value.

Most indicators from Watsco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Watsco Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

At present, Watsco's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 0.20, whereas Tax Provision is forecasted to decline to about 113.2 M.

	2022	2023	2024	2025 (projected)
Gross Profit	2.0B	2.0B	2.0B	2.1B
Total Revenue	7.3B	7.3B	7.6B	8.0B

Gross Profit Total Revenue

Watsco fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Common Stock	Good Will	Current Deferred Revenue
Total Assets		0.84	0.87	0.96	0.99	0.94	0.49	0.97	0.93	0.99	-0.23	0.93	0.99	0.47	0.75	0.99	0.96	0.98	0.97	1.0	0.86	0.8	0.97	0.78	0.78	0.46
Short Long Term Debt Total	0.84		0.71	0.78	0.76	0.79	0.86	0.75	0.73	0.85	-0.39	0.73	0.83	0.36	0.96	0.82	0.83	0.75	0.92	0.83	0.72	0.84	0.8	0.65	0.71	0.28
Other Current Liab	0.87	0.71		0.92	0.86	0.9	0.37	0.87	0.85	0.84	-0.36	0.85	0.85	0.18	0.55	0.88	0.82	0.83	0.86	0.88	0.89	0.5	0.91	0.52	0.54	0.15
Total Current Liabilities	0.96	0.78	0.92		0.94	0.94	0.43	0.93	0.89	0.95	-0.41	0.89	0.95	0.4	0.65	0.97	0.9	0.93	0.96	0.96	0.93	0.68	1.0	0.7	0.72	0.38
Total Stockholder Equity	0.99	0.76	0.86	0.94		0.94	0.37	0.99	0.94	0.98	-0.15	0.94	0.98	0.44	0.67	0.98	0.94	0.98	0.92	0.99	0.84	0.75	0.94	0.76	0.74	0.45
Property Plant And Equipment Net	0.94	0.79	0.9	0.94	0.94		0.41	0.94	0.94	0.95	-0.32	0.94	0.91	0.21	0.65	0.93	0.87	0.92	0.91	0.93	0.95	0.62	0.93	0.61	0.61	0.17
Net Debt	0.49	0.86	0.37	0.43	0.37	0.41		0.36	0.29	0.5	-0.41	0.29	0.5	0.33	0.91	0.49	0.52	0.37	0.66	0.48	0.38	0.68	0.45	0.45	0.54	0.2
Retained Earnings	0.97	0.75	0.87	0.93	0.99	0.94	0.36		0.94	0.95	-0.21	0.94	0.97	0.38	0.64	0.98	0.95	0.95	0.91	0.98	0.85	0.69	0.93	0.71	0.69	0.39
Cash	0.93	0.73	0.85	0.89	0.94	0.94	0.29	0.94		0.93	-0.16	1.0	0.9	0.23	0.61	0.91	0.87	0.92	0.86	0.92	0.84	0.67	0.9	0.62	0.62	0.25
Non Current Assets Total	0.99	0.85	0.84	0.95	0.98	0.95	0.5	0.95	0.93		-0.21	0.93	0.98	0.47	0.77	0.98	0.93	0.98	0.96	0.98	0.86	0.82	0.95	0.78	0.79	0.45
Non Currrent Assets Other	-0.23	-0.39	-0.36	-0.41	-0.15	-0.32	-0.41	-0.21	-0.16	-0.21		-0.16	-0.21	0.06	-0.24	-0.27	-0.27	-0.08	-0.38	-0.24	-0.56	-0.04	-0.39	-0.05	-0.09	0.19
Cash And Short Term Investments	0.93	0.73	0.85	0.89	0.94	0.94	0.29	0.94	1.0	0.93	-0.16		0.9	0.23	0.61	0.91	0.87	0.92	0.86	0.92	0.84	0.67	0.9	0.62	0.62	0.25
Net Receivables	0.99	0.83	0.85	0.95	0.98	0.91	0.5	0.97	0.9	0.98	-0.21	0.9		0.53	0.75	0.99	0.97	0.97	0.96	1.0	0.82	0.81	0.96	0.8	0.8	0.53
Common Stock Shares Outstanding	0.47	0.36	0.18	0.4	0.44	0.21	0.33	0.38	0.23	0.47	0.06	0.23	0.53		0.44	0.47	0.49	0.5	0.46	0.47	0.15	0.64	0.43	0.85	0.85	0.94
Non Current Liabilities Total	0.75	0.96	0.55	0.65	0.67	0.65	0.91	0.64	0.61	0.77	-0.24	0.61	0.75	0.44		0.73	0.74	0.67	0.84	0.73	0.54	0.88	0.67	0.66	0.72	0.37
Inventory	0.99	0.82	0.88	0.97	0.98	0.93	0.49	0.98	0.91	0.98	-0.27	0.91	0.99	0.47	0.73		0.96	0.96	0.97	1.0	0.86	0.77	0.97	0.77	0.77	0.47
Other Current Assets	0.96	0.83	0.82	0.9	0.94	0.87	0.52	0.95	0.87	0.93	-0.27	0.87	0.97	0.49	0.74	0.96		0.9	0.93	0.96	0.79	0.79	0.92	0.76	0.75	0.48
Other Stockholder Equity	0.98	0.75	0.83	0.93	0.98	0.92	0.37	0.95	0.92	0.98	-0.08	0.92	0.97	0.5	0.67	0.96	0.9		0.91	0.97	0.81	0.78	0.93	0.79	0.78	0.5
Total Liab	0.97	0.92	0.86	0.96	0.92	0.91	0.66	0.91	0.86	0.96	-0.38	0.86	0.96	0.46	0.84	0.97	0.93	0.91		0.96	0.86	0.82	0.96	0.75	0.79	0.42
Total Current Assets	1.0	0.83	0.88	0.96	0.99	0.93	0.48	0.98	0.92	0.98	-0.24	0.92	1.0	0.47	0.73	1.0	0.96	0.97	0.96		0.85	0.78	0.97	0.77	0.77	0.47
Short Term Debt	0.86	0.72	0.89	0.93	0.84	0.95	0.38	0.85	0.84	0.86	-0.56	0.84	0.82	0.15	0.54	0.86	0.79	0.81	0.86	0.85		0.48	0.91	0.52	0.53	0.07
Intangible Assets	0.8	0.84	0.5	0.68	0.75	0.62	0.68	0.69	0.67	0.82	-0.04	0.67	0.81	0.64	0.88	0.77	0.79	0.78	0.82	0.78	0.48		0.72	0.79	0.84	0.64
Accounts Payable	0.97	0.8	0.91	1.0	0.94	0.93	0.45	0.93	0.9	0.95	-0.39	0.9	0.96	0.43	0.67	0.97	0.92	0.93	0.96	0.97	0.91	0.72		0.72	0.74	0.41
Common Stock	0.78	0.65	0.52	0.7	0.76	0.61	0.45	0.71	0.62	0.78	-0.05	0.62	0.8	0.85	0.66	0.77	0.76	0.79	0.75	0.77	0.52	0.79	0.72		0.98	0.77
Good Will	0.78	0.71	0.54	0.72	0.74	0.61	0.54	0.69	0.62	0.79	-0.09	0.62	0.8	0.85	0.72	0.77	0.75	0.78	0.79	0.77	0.53	0.84	0.74	0.98		0.75
Current Deferred Revenue	0.46	0.28	0.15	0.38	0.45	0.17	0.2	0.39	0.25	0.45	0.19	0.25	0.53	0.94	0.37	0.47	0.48	0.5	0.42	0.47	0.07	0.64	0.41	0.77	0.75

Click cells to compare fundamentals

Watsco Account Relationship Matchups

Watsco fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	2.5B	3.1B	3.5B	3.7B	4.3B	4.5B
Short Long Term Debt Total	216.1M	369.7M	390.5M	404.8M	465.5M	488.8M
Other Current Liab	71.8M	278.0M	303.4M	242.4M	278.7M	292.6M
Total Current Liabilities	499.7M	726.7M	906.5M	712.0M	818.8M	859.8M
Total Stockholder Equity	1.5B	1.7B	1.9B	2.2B	2.6B	2.7B
Property Plant And Equipment Net	307.4M	379.5M	442.7M	505.0M	580.7M	609.8M
Net Debt	65.3M	242.3M	231.6M	194.7M	223.9M	235.1M
Retained Earnings	636.4M	760.8M	1.0B	1.2B	1.4B	1.4B
Cash	146.1M	118.3M	147.5M	210.1M	241.6M	253.7M
Non Current Assets Total	999.9M	1.1B	1.2B	1.3B	1.5B	1.6B
Non Currrent Assets Other	12.2M	9.2M	(173.9M)	8.2M	7.4M	5.2M
Cash And Short Term Investments	146.1M	118.3M	147.5M	210.1M	241.6M	253.7M
Net Receivables	535.3M	698.5M	747.1M	797.8M	917.5M	963.4M
Common Stock Shares Outstanding	35.2M	35.4M	35.7M	36.5M	37.5M	28.0M
Liabilities And Stockholders Equity	2.5B	3.1B	3.5B	3.7B	4.3B	4.5B
Non Current Liabilities Total	217.4M	361.7M	333.4M	401.0M	461.1M	484.2M
Inventory	793.9M	1.1B	1.4B	1.3B	1.5B	1.6B
Other Current Assets	21.8M	29.2M	34.0M	36.7M	42.2M	44.3M
Other Stockholder Equity	863.5M	916.5M	885.6M	1.1B	1.2B	1.3B
Total Liab	717.2M	1.1B	1.2B	1.1B	1.3B	1.3B
Total Current Assets	1.5B	2.0B	2.3B	2.4B	2.8B	2.9B
Short Term Debt	71.8M	84.5M	147.0M	100.3M	115.3M	121.1M
Intangible Assets	169.9M	186.9M	175.2M	218.1M	250.9M	263.4M
Accounts Payable	251.6M	364.2M	456.1M	369.4M	424.8M	446.0M
Accumulated Other Comprehensive Income	(34.9M)	(34.2M)	(47.7M)	(42.3M)	(38.1M)	(36.2M)
Common Stock	21.7M	21.8M	21.8M	22.1M	25.5M	20.8M
Good Will	412.5M	434.0M	430.7M	457.1M	525.7M	378.8M
Other Liab	67.7M	73.1M	85.7M	89.9M	80.9M	61.0M
Net Tangible Assets	852.2M	1.5B	1.7B	1.3B	1.5B	1.0B
Other Assets	6.6M	6.2M	6.4M	6.4M	5.7M	11.4M
Long Term Debt	144.3M	285.2M	243.5M	15.4M	13.9M	13.2M
Long Term Investments	97.8M	114.8M	132.8M	146.2M	168.2M	176.6M
Short Long Term Debt	71.8M	84.5M	147.0M	100.3M	115.3M	121.1M
Property Plant Equipment	321.9M	98.2M	111.0M	125.4M	144.2M	131.4M

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When determining whether Watsco Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Watsco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Watsco Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Watsco Inc Stock:

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Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

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Please note, there is a significant difference between Watsco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watsco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watsco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.

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Watsco Net Debt vs Intangible Assets Analysis

Net Debt vs Intangible Assets

Net Debt vs Intangible Assets Correlation Analysis

Correlation Coefficient

Net Debt

Intangible Assets

Watsco fundamental ratios Correlations

Watsco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Watsco fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Total Current Assets	+ 1.0	Total Assets
Accounts Payable	+ 1.0	Total Current Liabilities
Cash And Short Term Investments	+ 1.0	Cash
Total Current Assets	+ 1.0	Net Receivables
Total Current Assets	+ 1.0	Inventory
Total Stockholder Equity	+ 0.99	Total Assets

Short Term Debt	- 0.56	Non Currrent Assets Other
Non Currrent Assets Other	- 0.41	Net Debt
Non Currrent Assets Other	- 0.41	Total Current Liabilities
Accounts Payable	- 0.39	Non Currrent Assets Other
Non Currrent Assets Other	- 0.39	Short Long Term Debt Total
Total Liab	- 0.38	Non Currrent Assets Other