Watts Cash And Short Term Investments vs Net Receivables Analysis

WTS Stock

USD 259.02 3.30 1.26%

Watts Water financial indicator trend analysis is more than just analyzing Watts Water Technologies current accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Watts Water Technologies is a good investment. Please check the relationship between Watts Water Cash And Short Term Investments and its Net Receivables accounts. Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Watts Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

Cash And Short Term Investments vs Net Receivables

Cash And Short Term Investments vs Net Receivables Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Watts Water Technologies Cash And Short Term Investments account and Net Receivables. At this time, the significance of the direction appears to have strong relationship.

The correlation between Watts Water's Cash And Short Term Investments and Net Receivables is 0.7. Overlapping area represents the amount of variation of Cash And Short Term Investments that can explain the historical movement of Net Receivables in the same time period over historical financial statements of Watts Water Technologies, assuming nothing else is changed. The correlation between historical values of Watts Water's Cash And Short Term Investments and Net Receivables is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Cash And Short Term Investments of Watts Water Technologies are associated (or correlated) with its Net Receivables. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Net Receivables has no effect on the direction of Cash And Short Term Investments i.e., Watts Water's Cash And Short Term Investments and Net Receivables go up and down completely randomly.

Correlation Coefficient

0.7

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Cash And Short Term Investments

Short Term Investments is an account in the current assets section of Watts Water Technologies balance sheet. This account contains Watts Water investments that will expire within one year. These investments include stocks and bonds that can be liquidated by Watts Water Technologies fairly quickly. The sum of a company's cash on hand, including bank deposits and short-term, highly liquid investments that are easily convertible to known amounts of cash.

Net Receivables

Most indicators from Watts Water's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Watts Water Technologies 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 Watts Water Technologies. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.

At this time, Watts Water's Selling General Administrative is comparatively stable compared to the past year. Enterprise Value Over EBITDA is likely to gain to 15.28 in 2025, whereas Tax Provision is likely to drop slightly above 60.3 M in 2025.

	2022	2023	2024	2025 (projected)
Interest Expense	7M	8.2M	14.7M	23.3M
Depreciation And Amortization	39.7M	43.3M	54.4M	35.0M

Interest Expense Depreciation And Amortization

Watts Water fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Intangible Assets	Accounts Payable	Good Will	Common Stock Total Equity
Total Assets		0.33	0.92	0.91	0.63	0.94	-0.04	0.5	0.73	0.79	0.38	0.73	0.97	0.82	0.43	0.92	0.32	0.78	0.72	0.45	0.98	0.08	0.82	0.9	0.98	0.42
Short Long Term Debt Total	0.33		0.15	0.35	-0.18	0.3	0.85	-0.29	0.38	0.23	-0.5	0.39	0.29	0.46	0.97	0.03	0.66	0.11	0.88	-0.44	0.34	0.4	0.63	0.21	0.26	0.37
Other Current Liab	0.92	0.15		0.87	0.63	0.79	-0.18	0.5	0.62	0.74	0.51	0.62	0.9	0.65	0.29	0.93	0.17	0.81	0.59	0.58	0.9	-0.03	0.65	0.84	0.94	0.29
Total Current Liabilities	0.91	0.35	0.87		0.52	0.84	0.03	0.37	0.63	0.71	0.32	0.63	0.93	0.74	0.38	0.84	0.17	0.76	0.72	0.33	0.89	0.42	0.71	0.86	0.91	0.43
Total Stockholder Equity	0.63	-0.18	0.63	0.52		0.68	-0.65	0.98	0.8	0.9	0.82	0.8	0.65	0.59	-0.09	0.74	0.06	0.87	0.15	0.88	0.64	-0.21	0.55	0.6	0.64	0.37
Property Plant And Equipment Net	0.94	0.3	0.79	0.84	0.68		-0.07	0.54	0.72	0.82	0.35	0.72	0.95	0.91	0.4	0.88	0.38	0.76	0.66	0.44	0.92	0.05	0.78	0.93	0.9	0.44
Net Debt	-0.04	0.85	-0.18	0.03	-0.65	-0.07		-0.73	-0.16	-0.27	-0.79	-0.15	-0.07	0.07	0.79	-0.33	0.48	-0.34	0.61	-0.8	-0.06	0.41	0.23	-0.1	-0.07	0.08
Retained Earnings	0.5	-0.29	0.5	0.37	0.98	0.54	-0.73		0.74	0.81	0.83	0.74	0.5	0.46	-0.22	0.63	-0.03	0.76	-0.01	0.89	0.52	-0.27	0.45	0.45	0.5	0.35
Cash	0.73	0.38	0.62	0.63	0.8	0.72	-0.16	0.74		0.9	0.45	1.0	0.7	0.74	0.43	0.66	0.41	0.81	0.59	0.57	0.78	0.03	0.82	0.6	0.66	0.58
Non Current Assets Total	0.79	0.23	0.74	0.71	0.9	0.82	-0.27	0.81	0.9		0.65	0.9	0.8	0.78	0.31	0.76	0.29	0.94	0.54	0.69	0.78	-0.02	0.81	0.72	0.8	0.43
Non Currrent Assets Other	0.38	-0.5	0.51	0.32	0.82	0.35	-0.79	0.83	0.45	0.65		0.44	0.37	0.2	-0.41	0.5	-0.3	0.71	-0.17	0.92	0.33	-0.21	0.22	0.29	0.46	-0.09
Cash And Short Term Investments	0.73	0.39	0.62	0.63	0.8	0.72	-0.15	0.74	1.0	0.9	0.44		0.7	0.75	0.43	0.66	0.41	0.81	0.59	0.57	0.78	0.03	0.82	0.6	0.66	0.58
Net Receivables	0.97	0.29	0.9	0.93	0.65	0.95	-0.07	0.5	0.7	0.8	0.37	0.7		0.84	0.39	0.94	0.29	0.81	0.69	0.44	0.96	0.11	0.76	0.95	0.96	0.45
Common Stock Shares Outstanding	0.82	0.46	0.65	0.74	0.59	0.91	0.07	0.46	0.74	0.78	0.2	0.75	0.84		0.53	0.72	0.54	0.68	0.72	0.28	0.83	0.07	0.78	0.86	0.77	0.58
Non Current Liabilities Total	0.43	0.97	0.29	0.38	-0.09	0.4	0.79	-0.22	0.43	0.31	-0.41	0.43	0.39	0.53		0.15	0.73	0.21	0.92	-0.32	0.44	0.21	0.68	0.32	0.38	0.32
Inventory	0.92	0.03	0.93	0.84	0.74	0.88	-0.33	0.63	0.66	0.76	0.5	0.66	0.94	0.72	0.15		0.16	0.78	0.47	0.61	0.93	-0.09	0.61	0.92	0.9	0.44
Other Current Assets	0.32	0.66	0.17	0.17	0.06	0.38	0.48	-0.03	0.41	0.29	-0.3	0.41	0.29	0.54	0.73	0.16		0.14	0.63	-0.25	0.37	-0.16	0.51	0.33	0.23	0.48
Other Stockholder Equity	0.78	0.11	0.81	0.76	0.87	0.76	-0.34	0.76	0.81	0.94	0.71	0.81	0.81	0.68	0.21	0.78	0.14		0.48	0.74	0.76	0.03	0.7	0.72	0.81	0.33
Total Liab	0.72	0.88	0.59	0.72	0.15	0.66	0.61	-0.01	0.59	0.54	-0.17	0.59	0.69	0.72	0.92	0.47	0.63	0.48		-0.1	0.71	0.34	0.82	0.61	0.68	0.43
Property Plant And Equipment Gross	0.45	-0.44	0.58	0.33	0.88	0.44	-0.8	0.89	0.57	0.69	0.92	0.57	0.44	0.28	-0.32	0.61	-0.25	0.74	-0.1		0.45	-0.33	0.28	0.37	0.49	-0.01
Total Current Assets	0.98	0.34	0.9	0.89	0.64	0.92	-0.06	0.52	0.78	0.78	0.33	0.78	0.96	0.83	0.44	0.93	0.37	0.76	0.71	0.45		0.06	0.79	0.9	0.93	0.51
Short Term Debt	0.08	0.4	-0.03	0.42	-0.21	0.05	0.41	-0.27	0.03	-0.02	-0.21	0.03	0.11	0.07	0.21	-0.09	-0.16	0.03	0.34	-0.33	0.06		0.13	0.03	0.08	0.1
Intangible Assets	0.82	0.63	0.65	0.71	0.55	0.78	0.23	0.45	0.82	0.81	0.22	0.82	0.76	0.78	0.68	0.61	0.51	0.7	0.82	0.28	0.79	0.13		0.62	0.78	0.51
Accounts Payable	0.9	0.21	0.84	0.86	0.6	0.93	-0.1	0.45	0.6	0.72	0.29	0.6	0.95	0.86	0.32	0.92	0.33	0.72	0.61	0.37	0.9	0.03	0.62		0.88	0.5
Good Will	0.98	0.26	0.94	0.91	0.64	0.9	-0.07	0.5	0.66	0.8	0.46	0.66	0.96	0.77	0.38	0.9	0.23	0.81	0.68	0.49	0.93	0.08	0.78	0.88		0.31
Common Stock Total Equity	0.42	0.37	0.29	0.43	0.37	0.44	0.08	0.35	0.58	0.43	-0.09	0.58	0.45	0.58	0.32	0.44	0.48	0.33	0.43	-0.01	0.51	0.1	0.51	0.5	0.31

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Watts Water Account Relationship Matchups

Watts Water fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	1.7B	1.9B	1.9B	2.3B	2.4B	1.2B
Short Long Term Debt Total	208.9M	152.2M	159.7M	298.3M	197M	261.8M
Other Current Liab	202.7M	265.1M	244.4M	252.1M	241.5M	137.1M
Total Current Liabilities	312.8M	408.5M	378.7M	405.8M	417.9M	237.8M
Total Stockholder Equity	1.1B	1.2B	1.3B	1.5B	1.7B	1.8B
Property Plant And Equipment Net	212.3M	200.7M	196.8M	248.2M	254.8M	180.1M
Net Debt	(20.7M)	(100.1M)	(163.2M)	(51.8M)	(189.9M)	(180.4M)
Retained Earnings	560.1M	665.9M	795.3M	979.1M	1.2B	1.2B
Cash	218.9M	242M	310.8M	350.1M	386.9M	406.2M
Non Current Assets Total	1.0B	994.1M	980.3M	1.2B	1.3B	1.4B
Non Currrent Assets Other	67.8M	59.2M	53.8M	64.5M	72.3M	75.9M
Cash And Short Term Investments	218.9M	242M	310.8M	350.1M	386.9M	406.2M
Net Receivables	197.6M	220.9M	233.8M	259.8M	253.2M	161.0M
Common Stock Shares Outstanding	34M	33.9M	33.6M	33.5M	38.5M	34.5M
Liabilities And Stockholders Equity	1.7B	1.9B	1.9B	2.3B	2.4B	1.2B
Non Current Liabilities Total	355.6M	273.9M	251.6M	390.3M	271.2M	317.6M
Inventory	263.6M	370.7M	375.6M	399.3M	392.1M	235.5M
Other Current Assets	29.4M	27.9M	30.4M	51.8M	51.3M	63.5M
Other Stockholder Equity	606.3M	631.2M	651.9M	674.3M	696.2M	731.0M
Total Liab	668.4M	682.4M	630.3M	796.1M	689.1M	550.8M
Property Plant And Equipment Gross	608M	608.8M	595.6M	677.2M	691.6M	726.2M
Total Current Assets	709.5M	861.5M	950.6M	1.1B	1.1B	617.8M
Accumulated Other Comprehensive Income	(100M)	(127.3M)	(149.9M)	(143.4M)	(176.4M)	(167.6M)
Short Term Debt	105M	10.7M	10.3M	12.1M	11.5M	0.0
Intangible Assets	141.8M	128.6M	113.7M	216.1M	235M	166.8M
Accounts Payable	110.1M	143.4M	134.3M	131.8M	148M	92.3M
Good Will	602.4M	600.7M	592.4M	693M	715M	410.3M
Other Liab	87.5M	157.4M	132M	64.5M	74.2M	63.5M
Other Assets	72.2M	64.1M	77.4M	40.9M	63.8M	67.0M
Long Term Debt	198.2M	141.9M	147.6M	298.3M	197M	335.3M
Property Plant Equipment	212.3M	200.7M	196.8M	298.4M	299.7M	219.0M
Current Deferred Revenue	(10.7M)	(10.3M)	(12.1M)	(11.5M)	(10.4M)	(9.8M)
Net Tangible Assets	245.5M	325.6M	443.9M	594.5M	683.7M	717.9M
Retained Earnings Total Equity	513.9M	560.1M	665.9M	795.3M	914.6M	552.9M
Long Term Debt Total	198.2M	141.9M	147.6M	299.5M	198.8M	268.9M
Capital Surpluse	606.3M	631.2M	651.9M	674.3M	696.2M	606.0M
Deferred Long Term Liab	38.6M	51.1M	40.5M	26.2M	23.6M	41.5M

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