Hayward Holdings Inc (HAYW)
Debt-to-equity ratio
Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
---|---|---|---|---|---|---|
Long-term debt | US$ in thousands | — | — | — | — | — |
Total stockholders’ equity | US$ in thousands | 1,423,650 | 1,311,460 | 1,223,030 | 1,369,510 | 209,200 |
Debt-to-equity ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
December 31, 2024 calculation
Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $—K ÷ $1,423,650K
= 0.00
Hayward Holdings Inc's debt-to-equity ratio has consistently been reported as 0.00 from December 31, 2020, to December 31, 2024. This indicates that the company has either no debt or a minimal amount of debt in relation to its equity during these periods. A debt-to-equity ratio of 0.00 typically suggests that the company relies more on equity financing rather than debt to support its operations and growth. This can be perceived positively by investors and creditors as it signifies a lower financial risk and a greater level of financial stability. However, it's important to delve deeper into the financial statements to understand the company's overall financial health and its long-term sustainability strategy.
Peer comparison
Dec 31, 2024