Watsco Historical Balance Sheet

WSO Stock

USD 554.67 4.17 0.76%

Trend analysis of Watsco Inc balance sheet accounts such as Total Assets of 3.9 B, Short Long Term Debt Total of 425 M, Other Current Liabilities of 254.5 M or Total Current Liabilities of 747.6 M provides information on Watsco's total assets, liabilities, and equity, which is the actual value of Watsco Inc to its prevalent stockholders. By breaking down trends over time using Watsco balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Black Monday

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Watsco Inc latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Watsco Inc is a good buy for the upcoming year.

Watsco Inventory

1.41 Billion

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 state.

About Watsco Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Watsco Inc at a specified time, usually calculated after every quarter, six months, or one year. Watsco Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Watsco and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Watsco currently owns. An asset can also be divided into two categories, current and non-current.

Watsco Balance Sheet Chart

At this time, Watsco's Net Debt is very stable compared to the past year. As of the 28th of November 2024, Retained Earnings is likely to grow to about 1.2 B, while Non Currrent Assets Other are likely to drop about 5.2 M.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Total Stockholder Equity Long Term Debt

Add Fundamental

Total Assets

Total assets refers to the total amount of Watsco assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Watsco Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Watsco balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Watsco Inc are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Total Stockholder Equity

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.

Long Term Debt

Long-term debt is a debt that Watsco Inc has held for over one year. Long-term debt appears on Watsco Inc balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Watsco Inc balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Most accounts from Watsco's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts 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 balance sheet accounts, 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 state.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	369.7M	390.5M	404.8M	425.0M
Total Assets	3.1B	3.5B	3.7B	3.9B

Short Long Term Debt Total Total Assets

Watsco balance sheet 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	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock
Total Assets		0.78	0.84	0.95	0.99	0.92	0.45	0.96	0.9	0.99	-0.28	0.9	0.99	0.51	0.68	0.99	0.94	0.97	0.96	1.0	0.83	0.56	0.96	0.82	0.75	0.77
Short Long Term Debt Total	0.78		0.62	0.71	0.68	0.73	0.88	0.66	0.62	0.8	-0.42	0.62	0.77	0.36	0.96	0.76	0.74	0.68	0.9	0.76	0.67	0.65	0.73	0.65	0.62	0.6
Other Current Liab	0.84	0.62		0.9	0.83	0.87	0.31	0.84	0.81	0.8	-0.41	0.81	0.81	0.15	0.45	0.85	0.77	0.78	0.83	0.85	0.87	0.22	0.89	0.73	0.48	0.43
Total Current Liabilities	0.95	0.71	0.9		0.93	0.92	0.38	0.92	0.86	0.94	-0.46	0.86	0.94	0.41	0.56	0.96	0.88	0.91	0.95	0.96	0.91	0.46	1.0	0.75	0.64	0.68
Total Stockholder Equity	0.99	0.68	0.83	0.93		0.92	0.3	0.98	0.92	0.97	-0.19	0.92	0.97	0.47	0.57	0.98	0.91	0.98	0.9	0.98	0.81	0.46	0.93	0.84	0.72	0.73
Property Plant And Equipment Net	0.92	0.73	0.87	0.92	0.92		0.35	0.91	0.92	0.92	-0.38	0.92	0.87	0.18	0.55	0.9	0.81	0.88	0.88	0.91	0.95	0.3	0.91	0.87	0.52	0.51
Net Debt	0.45	0.88	0.31	0.38	0.3	0.35		0.29	0.2	0.47	-0.42	0.2	0.46	0.32	0.93	0.45	0.49	0.3	0.64	0.43	0.33	0.64	0.41	0.31	0.48	0.45
Retained Earnings	0.96	0.66	0.84	0.92	0.98	0.91	0.29		0.9	0.93	-0.27	0.9	0.96	0.4	0.54	0.97	0.93	0.92	0.88	0.97	0.82	0.37	0.92	0.88	0.69	0.66
Cash	0.9	0.62	0.81	0.86	0.92	0.92	0.2	0.9		0.9	-0.2	1.0	0.86	0.21	0.49	0.86	0.81	0.89	0.82	0.89	0.81	0.34	0.87	0.86	0.51	0.51
Non Current Assets Total	0.99	0.8	0.8	0.94	0.97	0.92	0.47	0.93	0.9		-0.26	0.9	0.97	0.5	0.71	0.97	0.91	0.97	0.95	0.98	0.83	0.59	0.94	0.8	0.72	0.77
Non Currrent Assets Other	-0.28	-0.42	-0.41	-0.46	-0.19	-0.38	-0.42	-0.27	-0.2	-0.26		-0.2	-0.26	0.06	-0.26	-0.32	-0.34	-0.1	-0.44	-0.29	-0.62	-0.06	-0.45	-0.3	-0.06	-0.07
Cash And Short Term Investments	0.9	0.62	0.81	0.86	0.92	0.92	0.2	0.9	1.0	0.9	-0.2		0.86	0.21	0.49	0.86	0.81	0.89	0.82	0.89	0.81	0.34	0.87	0.86	0.51	0.51
Net Receivables	0.99	0.77	0.81	0.94	0.97	0.87	0.46	0.96	0.86	0.97	-0.26	0.86		0.58	0.69	0.99	0.96	0.95	0.95	0.99	0.77	0.59	0.95	0.77	0.79	0.81
Common Stock Shares Outstanding	0.51	0.36	0.15	0.41	0.47	0.18	0.32	0.4	0.21	0.5	0.06	0.21	0.58		0.46	0.51	0.53	0.54	0.48	0.51	0.12	0.81	0.44	0.07	0.8	0.93
Non Current Liabilities Total	0.68	0.96	0.45	0.56	0.57	0.55	0.93	0.54	0.49	0.71	-0.26	0.49	0.69	0.46		0.66	0.68	0.58	0.8	0.67	0.44	0.75	0.59	0.53	0.65	0.63
Inventory	0.99	0.76	0.85	0.96	0.98	0.9	0.45	0.97	0.86	0.97	-0.32	0.86	0.99	0.51	0.66		0.94	0.95	0.96	1.0	0.82	0.53	0.96	0.82	0.76	0.76
Other Current Assets	0.94	0.74	0.77	0.88	0.91	0.81	0.49	0.93	0.81	0.91	-0.34	0.81	0.96	0.53	0.68	0.94		0.85	0.9	0.95	0.74	0.53	0.9	0.77	0.76	0.74
Other Stockholder Equity	0.97	0.68	0.78	0.91	0.98	0.88	0.3	0.92	0.89	0.97	-0.1	0.89	0.95	0.54	0.58	0.95	0.85		0.89	0.96	0.77	0.54	0.91	0.75	0.71	0.79
Total Liab	0.96	0.9	0.83	0.95	0.9	0.88	0.64	0.88	0.82	0.95	-0.44	0.82	0.95	0.48	0.8	0.96	0.9	0.89		0.95	0.83	0.62	0.95	0.75	0.72	0.74
Total Current Assets	1.0	0.76	0.85	0.96	0.98	0.91	0.43	0.97	0.89	0.98	-0.29	0.89	0.99	0.51	0.67	1.0	0.95	0.96	0.95		0.82	0.54	0.96	0.82	0.75	0.76
Short Term Debt	0.83	0.67	0.87	0.91	0.81	0.95	0.33	0.82	0.81	0.83	-0.62	0.81	0.77	0.12	0.44	0.82	0.74	0.77	0.83	0.82		0.21	0.88	0.78	0.4	0.43
Intangible Assets	0.56	0.65	0.22	0.46	0.46	0.3	0.64	0.37	0.34	0.59	-0.06	0.34	0.59	0.81	0.75	0.53	0.53	0.54	0.62	0.54	0.21		0.5	0.2	0.78	0.83
Accounts Payable	0.96	0.73	0.89	1.0	0.93	0.91	0.41	0.92	0.87	0.94	-0.45	0.87	0.95	0.44	0.59	0.96	0.9	0.91	0.95	0.96	0.88	0.5		0.75	0.67	0.7
Property Plant And Equipment Gross	0.82	0.65	0.73	0.75	0.84	0.87	0.31	0.88	0.86	0.8	-0.3	0.86	0.77	0.07	0.53	0.82	0.77	0.75	0.75	0.82	0.78	0.2	0.75		0.52	0.36
Common Stock Total Equity	0.75	0.62	0.48	0.64	0.72	0.52	0.48	0.69	0.51	0.72	-0.06	0.51	0.79	0.8	0.65	0.76	0.76	0.71	0.72	0.75	0.4	0.78	0.67	0.52		0.86
Common Stock	0.77	0.6	0.43	0.68	0.73	0.51	0.45	0.66	0.51	0.77	-0.07	0.51	0.81	0.93	0.63	0.76	0.74	0.79	0.74	0.76	0.43	0.83	0.7	0.36	0.86

Click cells to compare fundamentals

Watsco Account Relationship Matchups

Watsco balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	2.6B	2.5B	3.1B	3.5B	3.7B	3.9B
Short Long Term Debt Total	381.4M	216.1M	369.7M	390.5M	404.8M	425.0M
Other Current Liab	69.4M	71.8M	278.0M	303.4M	242.4M	254.5M
Total Current Liabilities	461.7M	499.7M	726.7M	906.5M	712.0M	747.6M
Total Stockholder Equity	1.4B	1.5B	1.7B	1.9B	2.2B	2.3B
Property Plant And Equipment Net	321.9M	307.4M	379.5M	442.7M	505.0M	530.2M
Net Debt	235.5M	65.3M	242.3M	231.6M	194.7M	204.4M
Retained Earnings	632.5M	636.4M	760.8M	1.0B	1.2B	1.2B
Cash	74.5M	146.1M	118.3M	147.5M	210.1M	220.6M
Non Current Assets Total	1.0B	999.9M	1.1B	1.2B	1.3B	1.4B
Non Currrent Assets Other	9.5M	12.2M	9.2M	(173.9M)	8.2M	5.2M
Cash And Short Term Investments	74.5M	146.1M	118.3M	147.5M	210.1M	220.6M
Net Receivables	533.8M	535.3M	698.5M	747.1M	797.8M	837.7M
Common Stock Shares Outstanding	34.7M	35.2M	35.4M	35.7M	36.5M	27.7M
Liabilities And Stockholders Equity	2.6B	2.5B	3.1B	3.5B	3.7B	3.9B
Non Current Liabilities Total	379.7M	217.4M	361.7M	333.4M	401.0M	421.0M
Inventory	920.8M	793.9M	1.1B	1.4B	1.3B	1.4B
Other Current Assets	17.7M	21.8M	29.2M	34.0M	36.7M	38.5M
Other Stockholder Equity	820.4M	863.5M	916.5M	885.6M	1.1B	1.1B
Total Liab	841.4M	717.2M	1.1B	1.2B	1.1B	1.2B
Total Current Assets	1.5B	1.5B	2.0B	2.3B	2.4B	2.5B
Short Term Debt	69.4M	71.8M	84.5M	147.0M	100.3M	105.3M
Intangible Assets	172.0M	169.9M	186.9M	175.2M	218.1M	128.6M
Accounts Payable	239.7M	251.6M	364.2M	456.1M	369.4M	387.9M
Property Plant And Equipment Gross	321.9M	98.2M	111.0M	442.7M	726.3M	762.6M
Accumulated Other Comprehensive Income	(39.1M)	(34.9M)	(34.2M)	(47.7M)	(42.3M)	(40.2M)
Common Stock Total Equity	21.5M	18.9M	21.8M	21.8M	25.1M	20.5M
Common Stock	21.5M	21.7M	21.8M	21.8M	22.1M	20.8M
Other Liab	67.7M	77.9M	85.7M	89.9M	103.4M	108.5M
Other Assets	9.1M	6.2M	6.4M	8.0M	50.5M	53.1M
Long Term Debt	312.0M	144.3M	285.2M	243.5M	15.4M	14.6M
Good Will	411.2M	412.5M	434.0M	430.7M	457.1M	329.3M
Property Plant Equipment	98.5M	98.2M	111.0M	442.7M	509.1M	534.6M
Net Tangible Assets	852.2M	1.5B	1.7B	1.3B	1.5B	809.0M
Noncontrolling Interest In Consolidated Entity	279.3M	293.1M	332.5M	359.0M	412.9M	348.7M
Retained Earnings Total Equity	632.5M	636.4M	760.8M	1.0B	1.2B	629.3M

Pair Trading with Watsco

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Watsco position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Watsco will appreciate offsetting losses from the drop in the long position's value.

Moving together with Watsco Stock

0.89	DXPE	DXP Enterprises	Pair Corr
0.82	FAST	Fastenal Fiscal Year End 16th of January 2025	Pair Corr
0.76	FERG	Ferguson Plc	Pair Corr
0.93	AIT	Applied Industrial	Pair Corr

Moving against Watsco Stock

0.65	BA	Boeing Fiscal Year End 29th of January 2025	Pair Corr
0.47	GIC	Global Industrial	Pair Corr
0.4	TRNS	Transcat	Pair Corr

The ability to find closely correlated positions to Watsco could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Watsco when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Watsco - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Watsco Inc to buy it.

The correlation of Watsco is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Watsco moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Watsco Inc moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for Watsco can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

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:

How To Invest In Watsco

Details

Is Watsco Stock a good investment?

Details

What is Watsco's Net Worth?

Details

Largest Trading Companies & Distributors Companies

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Largest Industrial Distribution Companies

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You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.

Is Trading Companies & Distributors space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Watsco. If investors know Watsco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Watsco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.

Quarterly Earnings Growth

(0.03)

Dividend Share

10.3

Earnings Share

12.98

Revenue Per Share

200.984

Quarterly Revenue Growth

0.016

The market value of Watsco Inc is measured differently than its book value, which is the value of Watsco that is recorded on the company's balance sheet. Investors also form their own opinion of Watsco's value that differs from its market value or its book value, called intrinsic value, which is Watsco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Watsco's market value can be influenced by many factors that don't directly affect Watsco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.

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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

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Watsco Historical Balance Sheet

Watsco Inventory

1.41 Billion

About Watsco Balance Sheet Analysis

Watsco Balance Sheet Chart

Total Assets

Total Current Liabilities

Total Stockholder Equity

Long Term Debt

Watsco balance sheet Correlations

Watsco Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Watsco balance sheet Accounts

Pair Trading with Watsco

Moving together with Watsco Stock

Moving against Watsco Stock

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	Inventory
Total Stockholder Equity	+ 0.99	Total Assets
Non Current Assets Total	+ 0.99	Total Assets

Short Term Debt	- 0.62	Non Currrent Assets Other
Non Currrent Assets Other	- 0.46	Total Current Liabilities
Accounts Payable	- 0.45	Non Currrent Assets Other
Total Liab	- 0.44	Non Currrent Assets Other
Non Currrent Assets Other	- 0.42	Net Debt
Non Currrent Assets Other	- 0.42	Short Long Term Debt Total