Watts Water Technologies Inc (WTS)
Debt-to-capital ratio
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | — | — | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,707,900 | 1,513,300 | 1,300,600 | 1,173,200 | 1,069,800 |
| Debt-to-capital ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $—K ÷ ($—K + $1,707,900K)
= 0.00
Watts Water Technologies Inc has consistently maintained a debt-to-capital ratio of 0.00% from December 31, 2020, to December 31, 2024. This suggests that the company has been financing its operations predominantly through equity rather than debt during this period. A debt-to-capital ratio of 0.00% indicates that the company has not used any debt to fund its capital structure, which may imply a conservative approach to financial leverage and risk management. This low debt level also suggests that the company may have a strong financial position and sufficient internal resources to support its operations and growth without relying heavily on external borrowing.
Peer comparison
Dec 31, 2024