Watts Water Technologies, Inc. (WTS)

Watts Water Technologies Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 29, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	303.9	350.1	310.8	242	218.9	219.7
Trading Asset Securities	2.6	3.4	-	-	-	-
Cash & Short-Term Investments	306.5	353.5	310.8	242	218.9	219.7
Cash Growth	-16.44%	13.74%	28.43%	10.55%	-0.36%	7.64%
Receivables	291.6	259.8	233.8	220.9	197.6	219.8
Inventory	420.4	399.3	375.6	370.7	263.6	270.1
Prepaid Expenses	47.1	48.2	30.4	27.9	29.4	25.3
Other Current Assets	-	0.2	-	-	-	-
Total Current Assets	1,066	1,061	950.6	861.5	709.5	734.9
Property, Plant & Equipment	255.1	298.4	240.1	247.6	264.9	239.1
Long-Term Investments	1.1	3	-	1.4	-	1.2
Goodwill	725.5	693	592.4	600.7	602.4	581.1
Other Intangible Assets	241.5	216.1	113.7	128.6	141.8	151.4
Long-Term Deferred Tax Assets	34.9	23.6	17.8	3.5	4.4	2.7
Other Long-Term Assets	75.4	14.3	16.3	12.3	15.2	12.7
Total Assets	2,399	2,309	1,931	1,856	1,738	1,723
Accounts Payable	141.1	131.8	134.3	143.4	110.1	123.3
Accrued Expenses	275.3	142.5	125.8	152.2	115.2	101.3
Current Portion of Long-Term Debt	1.1	0.2	-	0.6	0.6	105
Current Portion of Leases	-	11.5	-	-	-	-
Current Income Taxes Payable	-	21.9	16.7	13.3	7.9	8.8
Other Current Liabilities	-	97.9	101.9	99	79	80.9
Total Current Liabilities	417.5	405.8	378.7	408.5	312.8	419.3
Long-Term Debt	212.7	300.1	147.6	141.9	198.2	204.2
Long-Term Leases	-	45	-	-	-	-
Long-Term Deferred Tax Liabilities	11.6	13.5	26.2	40.5	51.1	38.6
Other Long-Term Liabilities	68.2	31.7	77.8	91.5	106.3	83
Total Liabilities	710	796.1	630.3	682.4	668.4	745.1
Common Stock	3.3	3.3	3.3	3.4	3.4	3.4
Additional Paid-In Capital	692.1	674.3	651.9	631.2	606.3	591.5
Retained Earnings	1,136	979.1	795.3	665.9	560.1	513.9
Comprehensive Income & Other	-142.1	-143.4	-149.9	-127.3	-100	-130.8
Shareholders' Equity	1,689	1,513	1,301	1,173	1,070	978
Total Liabilities & Equity	2,399	2,309	1,931	1,856	1,738	1,723
Total Debt	213.8	356.8	147.6	142.5	198.8	309.2
Net Cash (Debt)	92.7	-3.3	163.2	99.5	20.1	-89.5
Net Cash Growth	-65.49%	-	64.02%	395.02%	-	-
Net Cash Per Share	2.77	-0.10	4.86	2.94	0.59	-2.62
Filing Date Shares Outstanding	33.33	33.31	33.27	33.6	33.62	33.86
Total Common Shares Outstanding	33.34	33.31	33.27	33.61	33.62	33.87
Working Capital	648.1	655.2	571.9	453	396.7	315.6
Book Value Per Share	50.66	45.43	39.09	34.91	31.82	28.88
Tangible Book Value	722.1	604.2	594.5	443.9	325.6	245.5
Tangible Book Value Per Share	21.66	18.14	17.87	13.21	9.68	7.25
Land	-	15.2	11.1	12.6	13.2	13.9
Buildings	-	212.1	183.5	190.6	178.5	161.4
Machinery	-	426	376.4	387.1	378.7	349.9
Construction In Progress	-	14.4	13.6	11.1	14.5	13.5

Source: S&P Capital IQ. Standard template. Financial Sources.