Watts Water Technologies Inc (WTS)
Debt-to-equity 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-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,707,900K
= 0.00
Based on the data provided, Watts Water Technologies Inc has consistently maintained a debt-to-equity ratio of 0.00 from December 31, 2020, to December 31, 2024. This suggests that the company has been using minimal to no debt financing in relation to its equity. A debt-to-equity ratio of 0.00 indicates that the company's debt levels are negligible in comparison to its equity, reflecting a conservative financial structure. Watts Water Technologies Inc's low debt-to-equity ratio may indicate a lower financial risk and a higher level of financial stability. It also implies that the company may not be highly leveraged, which could be viewed positively by investors and creditors.
Peer comparison
Dec 31, 2024