Hayward Holdings Inc (HAYW)
Debt-to-capital ratio
| 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Long-term debt | US$ in thousands | 1,098,440 | 1,101,300 | 1,104,100 | 1,106,900 | 1,109,700 | 987,500 | 990,000 | — | 995,000 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,311,460 | 1,280,330 | 1,269,820 | 1,230,120 | 1,223,030 | 1,196,260 | 1,221,620 | 1,372,920 | 1,369,510 | 1,302,300 | 1,264,000 | 1,206,660 |
| Debt-to-capital ratio | 0.46 | 0.46 | 0.47 | 0.47 | 0.48 | 0.45 | 0.45 | 0.00 | 0.42 | 0.00 | 0.00 | 0.00 |
December 31, 2023 calculation
Debt-to-capital ratio = Long-term debt ÷ (Long-term debt + Total stockholders’ equity)
= $1,098,440K ÷ ($1,098,440K + $1,311,460K)
= 0.46
Hayward Holdings Inc's debt-to-capital ratio has shown consistency in the range of 0.42 to 0.49 over the past eight quarters. The ratio remained relatively stable with minor fluctuations, indicating a balanced capital structure with a moderate level of debt relative to total capital. The company's ability to maintain a consistent debt-to-capital ratio suggests prudent financial management and a targeted approach towards maintaining an optimal capital structure. It is important to continue monitoring this ratio to ensure that the company's leverage levels remain within acceptable limits and do not pose any significant financial risks.
Peer comparison
Dec 31, 2023