Hayward Holdings Inc (HAYW)

Financial leverage ratio

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Total assets US$ in thousands 2,990,620 2,946,280 2,875,010 2,978,470 2,607,100
Total stockholders’ equity US$ in thousands 1,423,650 1,311,460 1,223,030 1,369,510 209,200
Financial leverage ratio 2.10 2.25 2.35 2.17 12.46

December 31, 2024 calculation

Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,990,620K ÷ $1,423,650K
= 2.10

The financial leverage ratio of Hayward Holdings Inc has shown a decreasing trend over the past years, starting at 12.46 in December 2020 and decreasing to 2.17 as of December 31, 2021. Subsequently, the ratio has remained relatively stable around the 2.3 mark in the following years, with values of 2.35, 2.25, and 2.10 for December 31, 2022, 2023, and 2024 respectively. This suggests that the company has been reducing its reliance on debt to finance its operations and investments, which may indicate improved financial stability and risk management. Further monitoring of this trend will be important to assess the company's ongoing financial health and sustainability.


Peer comparison

Dec 31, 2024

Company name
Symbol
Financial leverage ratio
Hayward Holdings Inc
HAYW
2.10
Middleby Corp
MIDD
2.00
Standex International Corporation
SXI
1.62
Tennant Company
TNC
28.27