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Watsco Inc 's Leverage Ratio
WSO's quarterly Leverage Ratio and Total Liabilities, Equity growth
Despite a net increase in borrowings by 2.02%, Watsco Inc managed to enhance Leverage Ratio in the third quarter 2024 to 0.54, falling below the company's typical Leverage Ratio.
Within Miscellaneous Manufacturing industry in the third quarter 2024, 3 other companies have achieved lower Leverage Ratio than Watsco Inc in the Q3 2024. While Leverage Ratio total ranking has improved so far in the third quarter 2024 to 234, from total ranking in the second quarter 2024 at 521 .
Explain Leverage Ratio?
How much Total Liabilitiess WSO´s has?
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Select the Comparisons :
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Select the Ratio:
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| WSO Leverage Ratio |
(Sep 30 2024)
Q3 |
(Jun 30 2024)
Q2 |
(Mar 31 2024)
Q1 |
(Dec 31 2023)
Q4 |
(Sep 30 2023)
Q3 |
| Y / Y Equity Change |
18.61 % |
24.15 % |
26.83 % |
16.36 % |
15.09 % |
| Y / Y Total Liabilities Change |
-0 % |
-14.53 % |
-2.64 % |
-7.04 % |
7.89 % |
| Leverage Ratio MRQ |
0.54 |
0.55 |
0.59 |
0.54 |
0.65 |
| WSO's Total
Ranking |
# 234 |
# 521 |
# 825 |
# 429 |
# 1240 |
| Seq. Equity Change |
3.87 % |
3.98 % |
11.9 % |
-1.86 % |
8.72 % |
| Seq. Total Liabilities Change |
2.02 % |
-2.77 % |
23.57 % |
-18.42 % |
-12.8 % |
| Leverage Ratio third quarter 2024 Company Ranking |
| Within: |
No. |
| Miscellaneous Manufacturing Industry |
# 4 |
| Capital Goods Sector |
# 25 |
| Overall Market |
# 234 |
| Leverage Ratio Statistics |
| High |
Average |
Low |
| 1.03 |
0.72 |
0.46 |
| (Jun 30 2013) |
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(Dec 31 2011) |
Cumulative Watsco Inc 's Leverage Ratio
WSO's Leverage Ratio for the trailling 12 Months
WSO Leverage Ratio |
(Sep 30 2024)
12 Months |
(Jun 30 2024)
12 Months |
(Mar 31 2024)
12 Months |
(Dec 31 2023)
12 Months |
(Sep 30 2023)
12 Months |
| Y / Y Equity TTM Growth |
18.61 % |
24.15 % |
26.83 % |
16.36 % |
15.09 % |
| Y / Y Total Liabilities TTM Growth |
-0 % |
-14.53 % |
-2.64 % |
-7.04 % |
7.89 % |
| Leverage Ratio TTM |
0.56 |
0.58 |
0.64 |
0.68 |
0.72 |
| Total
Ranking TTM |
# 1
| # 4
| # 5
| # 810
| # 6
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| Seq. Equity TTM Growth |
3.87 % |
3.98 % |
11.9 % |
-1.86 % |
8.72 % |
| Seq. Total Liabilities TTM Growth |
2.02 % |
-2.77 % |
23.57 % |
-18.42 % |
-12.8 % |
On the trailing twelve months basis Despite of the net new borrowings of 2.02% during the twelve months period ending in Q3 2024 Watsco Inc has managed to decrease Leverage Ratio in the Q3 2024 to 0.56, above the WSO's average Leverage Ratio. Leverage Ratio is the average cumulative value over the last four quarters.
Among companies in the Miscellaneous Manufacturing industry WSO recorded the lowest Leverage Ratio. While Leverage Ratio total ranking has improved so far to 1, from total ranking in previous 12 month period at 4.
Explain Leverage Ratio?
How much Total Liabilitiess WSO´s has?
| TTM Leverage Ratio Company Ranking |
| Within: |
No. |
| Within the Miscellaneous Manufacturing Industry |
# 0 |
| Capital Goods Sector |
# 0 |
| Within the Market |
# 1 |
| trailing twelve months Leverage Ratio Statistics |
| High |
Average |
Low |
| 0.67 |
0.54 |
0.36 | | (June 30. 2015) |
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(Sep 30 2018) |
| Companies with similar Leverage Ratio in the quarter ending Sep 30 2024, within Miscellaneous Manufacturing Industry | Leverage Ratio | Sep 30 2024 MRQ Total Liabilities | Sep 30 2024 MRQ Equity | | The Gorman rupp Company | 1.41 | $ 516.140 Millions | $ 367.334 Millions | | Stanley Black and Decker Inc | 1.27 | $ 11,252.300 Millions | $ 8,859.200 Millions | | Flowserve Corp | 1.27 | $ 2,664.363 Millions | $ 2,105.521 Millions | | The Eastern Company | 1.05 | $ 124.983 Millions | $ 119.240 Millions | | Hillman Solutions Corp | 1.03 | $ 1,216.343 Millions | $ 1,181.224 Millions | | Powell Industries Inc | 0.92 | $ 445.107 Millions | $ 483.073 Millions | | Winnebago Industries Inc | 0.83 | $ 1,062.300 Millions | $ 1,273.300 Millions | | Itt Inc | 0.80 | $ 2,195.300 Millions | $ 2,755.700 Millions | | Idex Corp | 0.75 | $ 2,847.300 Millions | $ 3,818.300 Millions | | Thor Industries Inc | 0.62 | $ 2,532.919 Millions | $ 4,061.956 Millions | | Simpson Manufacturing Co inc | 0.56 | $ 1,034.015 Millions | $ 1,856.971 Millions | | Servotronics Inc | 0.54 | $ 13.270 Millions | $ 24.393 Millions | | Watsco Inc | 0.54 | $ 1,719.637 Millions | $ 3,161.871 Millions | | Acme United Corp | 0.54 | $ 57.606 Millions | $ 106.317 Millions | | Littelfuse Inc | 0.52 | $ 1,341.836 Millions | $ 2,573.100 Millions | | Oil dri Corporation Of America | 0.50 | $ 111.885 Millions | $ 223.992 Millions | | Brady Corp | 0.47 | $ 518.944 Millions | $ 1,108.932 Millions | | Xylem Inc | 0.46 | $ 4,918.000 Millions | $ 10,600.000 Millions | | Daktronics Inc | 0.45 | $ 117.639 Millions | $ 260.930 Millions | | Snap on Inc | 0.45 | $ 2,478.300 Millions | $ 5,497.700 Millions | | Virtra Inc | 0.43 | $ 19.918 Millions | $ 46.150 Millions | | Graco Inc | 0.18 | $ 443.231 Millions | $ 2,513.294 Millions |
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