Hayward Holdings Inc (HAYW)

Debt-to-equity 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-equity ratio 0.84 0.86 0.87 0.90 0.91 0.83 0.81 0.00 0.73 0.00 0.00 0.00

December 31, 2023 calculation

Debt-to-equity ratio = Long-term debt ÷ Total stockholders’ equity
= $1,098,440K ÷ $1,311,460K
= 0.84

Hayward Holdings Inc's debt-to-equity ratio has been relatively stable over the past eight quarters, ranging from 0.72 to 0.96. The ratio indicates that the company has been relying more on debt financing compared to equity, with debt comprising around 72% to 96% of its total capital structure.

The trend suggests that Hayward Holdings Inc has maintained a moderate level of leverage, although the ratio increased slightly in the most recent quarter. A higher debt-to-equity ratio may indicate higher financial risk, as the company is more leveraged and could face challenges in meeting its debt obligations.

Overall, it is important for investors and stakeholders to closely monitor the debt-to-equity ratio of Hayward Holdings Inc to assess its financial health and leverage position in the industry.


Peer comparison

Dec 31, 2023

Company name
Symbol
Debt-to-equity ratio
Hayward Holdings Inc
HAYW
0.84
Middleby Corp
MIDD
0.73
Standex International Corporation
SXI
0.24
Tennant Company
TNC
0.00