Hayward Holdings Inc (HAYW)
Current 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total current assets | US$ in thousands | 766,969 | 649,552 | 610,216 | 720,647 | 724,741 | 642,897 | 633,710 | 678,374 | 612,284 | 562,248 | 708,900 | 758,195 | 750,521 | 689,751 | 627,000 | 548,000 | 424,400 | — | — | 47,200 |
| 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 | — | — | — |
| Current ratio | 2.45 | 2.62 | 2.59 | 3.37 | 3.02 | 3.25 | 3.14 | 3.48 | 2.63 | 2.45 | 2.29 | 2.37 | 2.47 | 2.47 | 2.38 | 2.34 | 1.94 | — | — | — |
December 31, 2024 calculation
Current ratio = Total current assets ÷ Total current liabilities
= $766,969K ÷ $312,982K
= 2.45
Hayward Holdings Inc's current ratio has shown a positive trend over the past few years, indicating an improving liquidity position. The current ratio, which measures the company's ability to meet its short-term obligations with its current assets, was at 2.45 as of December 31, 2024. This means that the company had $2.45 in current assets for every $1 in current liabilities at the end of 2024.
The current ratio has generally been increasing since the end of 2020, reaching a peak of 3.48 as of March 31, 2023. This demonstrates the company's strengthening ability to cover its short-term obligations with its current assets during this period.
However, there was a slight decline in the current ratio in the most recent period, dropping to 2.45 as of December 31, 2024, from the peak of 3.48 in March 31, 2023. While the current ratio remains above 2.0, indicating a healthy liquidity position, the decrease may raise some concerns regarding the company's ability to cover its short-term liabilities with its current assets in the future.
Overall, Hayward Holdings Inc's current ratio has shown a positive trend, reflecting an improving liquidity position, but it is important to monitor any future changes to ensure the company maintains its ability to meet its short-term obligations.
Peer comparison
Dec 31, 2024