Watts Interest Coverage from 2010 to 2024

WTS Stock  USD 218.46  3.29  1.53%   
Watts Water Interest Coverage yearly trend continues to be comparatively stable with very little volatility. Interest Coverage is likely to outpace its year average in 2024. From the period from 2010 to 2024, Watts Water Interest Coverage quarterly data regression had mean square error of  264.41 and mean deviation of  15.65. View All Fundamentals
 
Interest Coverage  
First Reported
2010-12-31
Previous Quarter
39.12
Current Value
41.07
Quarterly Volatility
17.86118467
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Watts Water financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Watts Water's main balance sheet or income statement drivers, such as Depreciation And Amortization of 34.5 M, Interest Expense of 7.8 M or Total Revenue of 1.1 B, as well as many indicators such as Price To Sales Ratio of 3.55, Dividend Yield of 0.0131 or PTB Ratio of 4.83. Watts financial statements analysis is a perfect complement when working with Watts Water Valuation or Volatility modules.
  
Check out the analysis of Watts Water Correlation against competitors.

Latest Watts Water's Interest Coverage Growth Pattern

Below is the plot of the Interest Coverage of Watts Water Technologies over the last few years. It is Watts Water's Interest Coverage historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Watts Water's overall financial position and show how it may be relating to other accounts over time.
Interest Coverage10 Years Trend
Slightly volatile
   Interest Coverage   
       Timeline  

Watts Interest Coverage Regression Statistics

Arithmetic Mean18.78
Coefficient Of Variation95.11
Mean Deviation15.65
Median11.56
Standard Deviation17.86
Sample Variance319.02
Range53.3232
R-Value0.48
Mean Square Error264.41
R-Squared0.23
Significance0.07
Slope1.92
Total Sum of Squares4,466

Watts Interest Coverage History

2024 41.07
2023 39.12
2022 43.46
2021 38.03
2020 13.62
2019 13.98
2018 11.56

About Watts Water Financial Statements

Watts Water shareholders use historical fundamental indicators, such as Interest Coverage, to determine how well the company is positioned to perform in the future. Although Watts Water investors may analyze each financial statement separately, they are all interrelated. The changes in Watts Water's assets and liabilities, for example, are also reflected in the revenues and expenses on on Watts Water's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Interest Coverage 39.12  41.07 

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Additional Tools for Watts Stock Analysis

When running Watts Water's price analysis, check to measure Watts Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Watts Water is operating at the current time. Most of Watts Water's value examination focuses on studying past and present price action to predict the probability of Watts Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Watts Water's price. Additionally, you may evaluate how the addition of Watts Water to your portfolios can decrease your overall portfolio volatility.