Hayward Holdings Inc (HAYW)
Cash ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | Dec 31, 2023 | Sep 30, 2023 | Jun 30, 2023 | Mar 31, 2023 | Dec 31, 2022 | Sep 30, 2022 | Jun 30, 2022 | Mar 31, 2022 | Dec 31, 2021 | Sep 30, 2021 | Jun 30, 2021 | Mar 31, 2021 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash and cash equivalents | US$ in thousands | 196,589 | 274,184 | 215,056 | 115,873 | 178,097 | 244,245 | 205,002 | 41,027 | 56,177 | 72,907 | 108,965 | 118,157 | 265,796 | 295,077 | 251,900 | 13,800 | 114,900 | — | — | -47,200 |
| Short-term investments | US$ in thousands | 0 | 0 | 4,743 | 0 | 25,000 | — | — | — | 0 | — | — | — | — | — | — | — | — | — | — | 94,400 |
| Total current liabilities | US$ in thousands | 312,982 | 248,175 | 235,440 | 214,041 | 239,683 | 197,882 | 202,038 | 195,053 | 232,410 | 229,322 | 310,143 | 319,764 | 303,864 | 279,077 | 263,100 | 234,600 | 218,600 | — | — | — |
| Cash ratio | 0.63 | 1.10 | 0.93 | 0.54 | 0.85 | 1.23 | 1.01 | 0.21 | 0.24 | 0.32 | 0.35 | 0.37 | 0.87 | 1.06 | 0.96 | 0.06 | 0.53 | — | — | — |
December 31, 2024 calculation
Cash ratio = (Cash and cash equivalents + Short-term investments) ÷ Total current liabilities
= ($196,589K
+ $0K)
÷ $312,982K
= 0.63
The cash ratio of Hayward Holdings Inc has exhibited fluctuations over the observed periods. The ratio, which indicates the company's ability to cover its short-term liabilities with its cash and cash equivalents, was not available in the initial periods as denoted by "—" but gradually improved.
From December 31, 2020, to March 31, 2024, the cash ratio ranged from 0.06 to 1.23, reflecting variability in the company's liquidity position. Notably, the ratio peaked at 1.23 on September 30, 2023, indicating a substantial improvement in the company's ability to meet its short-term obligations solely with cash assets.
However, the ratio decreased to 0.63 by December 31, 2024. This downward trend may suggest a potential decrease in the company's liquidity position at the end of the year. Overall, while the company has shown fluctuations in its cash ratio, it is essential to analyze other financial metrics in conjunction to gain a comprehensive understanding of Hayward Holdings Inc's financial health.
Peer comparison
Dec 31, 2024