Watts Water Technologies Inc (WTS)

Debt-to-assets ratio

Dec 31, 2024 Sep 30, 2024 Jun 30, 2024 Mar 31, 2024 Dec 31, 2023 Sep 30, 2023 Jun 30, 2023 Mar 31, 2023 Dec 31, 2022 Sep 30, 2022 Jun 30, 2022 Mar 31, 2022 Dec 31, 2021 Sep 30, 2021 Jun 30, 2021 Mar 31, 2021 Dec 31, 2020 Sep 30, 2020 Jun 30, 2020 Mar 31, 2020
Long-term debt US$ in thousands
Total assets US$ in thousands 2,397,000 2,399,100 2,383,300 2,332,400 2,309,400 2,017,600 2,004,400 1,990,000 1,930,900 1,885,600 1,934,300 1,903,300 1,855,600 1,863,200 1,855,300 1,784,400 1,738,200 1,709,000 1,648,300 1,767,400
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

December 31, 2024 calculation

Debt-to-assets ratio = Long-term debt ÷ Total assets
= $—K ÷ $2,397,000K
= 0.00

The debt-to-assets ratio for Watts Water Technologies Inc has consistently remained at 0.00 from March 31, 2020, to December 31, 2024. This indicates that the company has not utilized debt financing as a significant component of its capital structure during this period. A low debt-to-assets ratio typically suggests that the company has a conservative financial strategy with a lower level of financial risk and leverage. Watts Water Technologies Inc appears to rely more on equity financing or internally generated funds to support its operations and growth, which could be viewed positively by investors and creditors as it indicates a lower risk of financial distress.


Peer comparison

Dec 31, 2024

Company name
Symbol
Debt-to-assets ratio
Watts Water Technologies Inc
WTS
0.00
Crane Company
CR
0.00
Crane NXT Co
CXT
0.00
Parker-Hannifin Corporation
PH
0.29