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