Debt to Equity Ratio Analysis of Watsco Inc. - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Excellent Debt to Equity
0.052
Period Ending - Dec-22
Excellent Debt to Equity
0.207
Growth
-74.91 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Excellent Debt to Equity
0.0407
Debt to Equity Analysis of Watsco Inc.
| Debt to Equity Ratio 0.052 of Watsco Inc. indicates to run a business company uses lower amount of long-term debt. |
| Debt to Equity Ratio of WSO-B drastically fell by -74.91 % this year. |
| Debt to Equity Ratio with value of 0.222 was highest in Year Dec-21 in last Five Years. |
| Debt to Equity Ratio with value of 0.052 was lowest in Year Dec-23 in last Five Years. |
| Latest Debt to Equity Ratio with value of 0.052 is lower than Average Debt to Equity of 0.157 in last five years. |
Other Debt to Equity Related Info of WSO-B that may interest you.
Watsco Inc. Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| WSO-B | 390.85 | 390.85 | 0 % | Industrial Distribution |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Excellent Stability | |
FY - Historical Debt to Equity Ratio of Watsco Inc.
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 0.052 | 0.207 | 0.222 | 0.145 | 0.158 | 0.101 | 0.0172 |
| Change | -74.91 % | -6.91 % | 52.74 % | -8.12 % | 56.82 % | 486.52 % | -92.66 % |
FY Chart of Debt to Equity Ratio of Watsco Inc.
Note : All Data Generated at the End of Trading Hours (EOD Data)