Watsco Property Plant And Equipment Net vs Other Stockholder Equity Analysis
WSO Stock | USD 472.06 3.37 0.72% |
Watsco financial indicator trend analysis is more than just analyzing Watsco Inc current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Watsco Inc is a good investment. Please check the relationship between Watsco Property Plant And Equipment Net and its Other Stockholder Equity accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state.
Property Plant And Equipment Net vs Other Stockholder Equity
Property Plant And Equipment Net vs Other Stockholder Equity Correlation Analysis
The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Watsco Inc Property Plant And Equipment Net account and Other Stockholder Equity. At this time, the significance of the direction appears to have very strong relationship.
The correlation between Watsco's Property Plant And Equipment Net and Other Stockholder Equity is 0.88. Overlapping area represents the amount of variation of Property Plant And Equipment Net that can explain the historical movement of Other Stockholder Equity in the same time period over historical financial statements of Watsco Inc, assuming nothing else is changed. The correlation between historical values of Watsco's Property Plant And Equipment Net and Other Stockholder Equity is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Property Plant And Equipment Net of Watsco Inc are associated (or correlated) with its Other Stockholder Equity. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Other Stockholder Equity has no effect on the direction of Property Plant And Equipment Net i.e., Watsco's Property Plant And Equipment Net and Other Stockholder Equity go up and down completely randomly.
Correlation Coefficient | 0.88 |
Relationship Direction | Positive |
Relationship Strength | Strong |
Property Plant And Equipment Net
The total value of a company's physical assets (such as land, buildings, and equipment) used in operations, net of depreciation. It reflects the company's investment in assets used for production.Other Stockholder Equity
Most indicators from Watsco's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Watsco Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. At this time, Watsco's Selling General Administrative is very stable compared to the past year. As of the 10th of May 2024, Sales General And Administrative To Revenue is likely to grow to 0.20, while Tax Provision is likely to drop about 109.6 M.
2021 | 2022 | 2023 | 2024 (projected) | Interest Expense | 996K | 2.2M | 4.9M | 5.4M | Depreciation And Amortization | 28.1M | 31.7M | 35.1M | 36.8M |
Watsco fundamental ratios Correlations
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Watsco Account Relationship Matchups
High Positive Relationship
High Negative Relationship
Watsco fundamental ratios Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Total Assets | 2.6B | 2.5B | 3.1B | 3.5B | 3.8B | 4.0B | |
Short Long Term Debt Total | 310.0M | 211.3M | 360.5M | 379.1M | 404.8M | 425.0M | |
Other Current Liab | 69.4M | 71.8M | 278.0M | 303.4M | 242.4M | 254.5M | |
Total Current Liabilities | 461.7M | 499.7M | 726.7M | 906.5M | 712.0M | 747.6M | |
Total Stockholder Equity | 1.4B | 1.5B | 1.7B | 1.9B | 2.2B | 2.3B | |
Property Plant And Equipment Net | 321.9M | 307.4M | 379.5M | 442.7M | 505.0M | 530.2M | |
Net Debt | 235.5M | 65.3M | 242.3M | 231.6M | 194.7M | 204.4M | |
Retained Earnings | 632.5M | 636.4M | 760.8M | 1.0B | 1.2B | 1.2B | |
Cash | 74.5M | 146.1M | 118.3M | 147.5M | 210.1M | 220.6M | |
Non Current Assets Total | 1.0B | 999.9M | 1.1B | 1.2B | 1.4B | 1.5B | |
Non Currrent Assets Other | 9.5M | 12.2M | 9.2M | (173.9M) | 8.2M | 8.6M | |
Cash And Short Term Investments | 74.5M | 146.1M | 118.3M | 147.5M | 210.1M | 220.6M | |
Net Receivables | 533.8M | 535.3M | 698.5M | 747.1M | 797.8M | 837.7M | |
Common Stock Shares Outstanding | 34.7M | 35.2M | 35.4M | 35.7M | 36.5M | 27.7M | |
Liabilities And Stockholders Equity | 2.6B | 2.5B | 3.1B | 3.5B | 3.8B | 4.0B | |
Non Current Liabilities Total | 379.7M | 217.4M | 361.7M | 333.4M | 451.5M | 474.1M | |
Inventory | 920.8M | 793.9M | 1.1B | 1.4B | 1.3B | 1.4B | |
Other Current Assets | 17.7M | 21.8M | 29.2M | 34.0M | 36.7M | 38.5M | |
Other Stockholder Equity | 820.4M | 863.5M | 916.5M | 885.6M | 1.1B | 1.1B | |
Total Liab | 841.4M | 717.2M | 1.1B | 1.2B | 1.2B | 1.2B | |
Total Current Assets | 1.5B | 1.5B | 2.0B | 2.3B | 2.4B | 2.5B | |
Short Term Debt | 69.4M | 71.8M | 84.5M | 147.0M | 100.3M | 105.3M | |
Intangible Assets | 172.0M | 169.9M | 186.9M | 175.2M | 218.1M | 128.6M | |
Accounts Payable | 239.7M | 251.6M | 364.2M | 456.1M | 369.4M | 387.9M | |
Property Plant And Equipment Gross | 321.9M | 98.2M | 111.0M | 442.7M | 726.3M | 762.6M | |
Accumulated Other Comprehensive Income | (39.1M) | (34.9M) | (34.2M) | (47.7M) | (42.3M) | (40.2M) | |
Common Stock Total Equity | 21.5M | 18.9M | 21.8M | 21.8M | 25.1M | 20.5M | |
Common Stock | 21.5M | 21.7M | 21.8M | 21.8M | 22.1M | 20.8M | |
Other Liab | 67.7M | 77.9M | 85.7M | 89.9M | 103.4M | 108.5M | |
Other Assets | 9.1M | 6.2M | 6.4M | 8.0M | 1.0 | 0.95 | |
Long Term Debt | 312.0M | 144.3M | 285.2M | 243.5M | 15.4M | 14.6M | |
Good Will | 411.2M | 412.5M | 434.0M | 430.7M | 457.1M | 329.3M | |
Property Plant Equipment | 98.5M | 98.2M | 111.0M | 442.7M | 509.1M | 534.6M | |
Net Tangible Assets | 852.2M | 1.5B | 1.7B | 1.3B | 1.5B | 809.0M | |
Noncontrolling Interest In Consolidated Entity | 279.3M | 293.1M | 332.5M | 359.0M | 412.9M | 348.7M | |
Retained Earnings Total Equity | 632.5M | 636.4M | 760.8M | 1.0B | 1.2B | 629.3M |
Watsco Investors Sentiment
The influence of Watsco's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Watsco. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock market does not have solid backing from leading economists and market statisticians.
Investor biases related to Watsco's public news can be used to forecast risks associated with an investment in Watsco. The trend in average sentiment can be used to explain how an investor holding Watsco can time the market purely based on public headlines and social activities around Watsco Inc. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Watsco's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Watsco's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Watsco's news discussions. The higher the estimated score, the more favorable is the investor's outlook on Watsco.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Watsco in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Watsco's short interest history, or implied volatility extrapolated from Watsco options trading.
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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Watsco Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Watsco's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Watsco Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Watsco Inc Stock:Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watsco Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in state. You can also try the Price Transformation module to use Price Transformation models to analyze the depth of different equity instruments across global markets.
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Is Watsco's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Watsco. If investors know Watsco will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Watsco listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.23) | Dividend Share 9.8 | Earnings Share 13.03 | Revenue Per Share 199.528 | Quarterly Revenue Growth 0.009 |
The market value of Watsco Inc is measured differently than its book value, which is the value of Watsco that is recorded on the company's balance sheet. Investors also form their own opinion of Watsco's value that differs from its market value or its book value, called intrinsic value, which is Watsco's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Watsco's market value can be influenced by many factors that don't directly affect Watsco's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Watsco's value and its price as these two are different measures arrived at by different means. Investors typically determine if Watsco is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Watsco's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.