Watsco Inc
NYSE:WSO
Balance Sheet
Balance Sheet Decomposition
Watsco Inc
Current Assets | 3B |
Cash & Short-Term Investments | 478.9m |
Receivables | 832.1m |
Other Current Assets | 1.7B |
Non-Current Assets | 1.4B |
PP&E | 521.9m |
Intangibles | 836.8m |
Current Liabilities | 1B |
Accounts Payable | 923.2m |
Other Current Liabilities | 102.9m |
Non-Current Liabilities | 804.6m |
Other Non-Current Liabilities | 804.6m |
Balance Sheet
Watsco Inc
Dec-2014 | Dec-2015 | Dec-2016 | Dec-2017 | Dec-2018 | Dec-2019 | Dec-2020 | Dec-2021 | Dec-2022 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Assets | |||||||||||
Cash & Cash Equivalents |
24
|
35
|
56
|
81
|
83
|
75
|
146
|
118
|
148
|
210
|
|
Cash Equivalents |
24
|
35
|
56
|
81
|
83
|
75
|
146
|
118
|
148
|
210
|
|
Total Receivables |
434
|
451
|
476
|
478
|
502
|
534
|
535
|
698
|
747
|
798
|
|
Accounts Receivables |
434
|
451
|
476
|
478
|
502
|
534
|
535
|
698
|
747
|
798
|
|
Other Receivables |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Inventory |
678
|
674
|
685
|
761
|
837
|
921
|
781
|
1 115
|
1 370
|
1 347
|
|
Other Current Assets |
21
|
21
|
23
|
18
|
20
|
18
|
22
|
29
|
34
|
37
|
|
Total Current Assets |
1 157
|
1 181
|
1 240
|
1 337
|
1 442
|
1 547
|
1 484
|
1 961
|
2 299
|
2 392
|
|
PP&E Net |
54
|
63
|
91
|
91
|
91
|
322
|
307
|
380
|
443
|
505
|
|
PP&E Gross |
54
|
63
|
91
|
91
|
91
|
322
|
307
|
380
|
443
|
505
|
|
Accumulated Depreciation |
97
|
104
|
114
|
123
|
132
|
145
|
158
|
174
|
196
|
221
|
|
Intangible Assets |
187
|
161
|
159
|
161
|
148
|
172
|
170
|
187
|
175
|
218
|
|
Goodwill |
387
|
378
|
380
|
383
|
392
|
411
|
413
|
434
|
431
|
457
|
|
Long-Term Investments |
0
|
0
|
0
|
0
|
0
|
95
|
98
|
115
|
133
|
146
|
|
Other Long-Term Assets |
7
|
6
|
6
|
75
|
88
|
10
|
12
|
9
|
8
|
11
|
|
Other Assets |
387
|
378
|
380
|
383
|
392
|
411
|
413
|
434
|
431
|
457
|
|
Total Assets |
1 791
N/A
|
1 788
0%
|
1 875
+5%
|
2 047
+9%
|
2 161
+6%
|
2 556
+18%
|
2 484
-3%
|
3 086
+24%
|
3 488
+13%
|
3 729
+7%
|
|
Liabilities | |||||||||||
Accounts Payable |
173
|
145
|
186
|
231
|
200
|
240
|
252
|
364
|
456
|
981
|
|
Accrued Liabilities |
114
|
125
|
129
|
186
|
157
|
220
|
234
|
360
|
391
|
338
|
|
Short-Term Debt |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Current Portion of Long-Term Debt |
0
|
0
|
0
|
0
|
0
|
1
|
2
|
3
|
60
|
5
|
|
Other Current Liabilities |
0
|
0
|
0
|
0
|
0
|
1
|
0
|
0
|
0
|
0
|
|
Total Current Liabilities |
287
|
270
|
315
|
417
|
358
|
462
|
487
|
727
|
907
|
712
|
|
Long-Term Debt |
304
|
246
|
236
|
22
|
136
|
158
|
5
|
98
|
11
|
28
|
|
Deferred Income Tax |
68
|
69
|
72
|
57
|
66
|
68
|
73
|
69
|
81
|
88
|
|
Minority Interest |
248
|
246
|
246
|
253
|
254
|
279
|
293
|
332
|
359
|
386
|
|
Other Liabilities |
0
|
0
|
0
|
0
|
0
|
154
|
140
|
195
|
241
|
286
|
|
Total Liabilities |
907
N/A
|
831
-8%
|
869
+5%
|
749
-14%
|
813
+9%
|
1 121
+38%
|
998
-11%
|
1 421
+42%
|
1 599
+13%
|
1 499
-6%
|
|
Equity | |||||||||||
Common Stock |
21
|
21
|
21
|
21
|
21
|
22
|
22
|
22
|
22
|
22
|
|
Retained Earnings |
421
|
495
|
551
|
595
|
628
|
633
|
636
|
761
|
1 030
|
1 183
|
|
Additional Paid In Capital |
581
|
603
|
592
|
804
|
832
|
908
|
951
|
1 004
|
973
|
1 153
|
|
Unrealized Security Profit/Loss |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Treasury Stock |
114
|
114
|
114
|
87
|
87
|
87
|
87
|
87
|
87
|
87
|
|
Other Equity |
24
|
47
|
43
|
34
|
46
|
39
|
35
|
34
|
48
|
42
|
|
Total Equity |
884
N/A
|
957
+8%
|
1 006
+5%
|
1 298
+29%
|
1 348
+4%
|
1 435
+6%
|
1 487
+4%
|
1 665
+12%
|
1 889
+13%
|
2 230
+18%
|
|
Total Liabilities & Equity |
1 791
N/A
|
1 788
0%
|
1 875
+5%
|
2 047
+9%
|
2 161
+6%
|
2 556
+18%
|
2 484
-3%
|
3 086
+24%
|
3 488
+13%
|
3 729
+7%
|
|
Shares Outstanding | |||||||||||
Common Shares Outstanding |
35
|
42
|
42
|
42
|
42
|
43
|
43
|
44
|
44
|
44
|