Hayward Holdings Inc (HAYW)
Financial leverage 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,946,280 | 2,883,080 | 2,883,650 | 2,925,690 | 2,875,010 | 2,830,400 | 2,981,360 | 2,999,510 | 2,978,470 |
| 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 |
| Financial leverage ratio | 2.25 | 2.25 | 2.27 | 2.38 | 2.35 | 2.37 | 2.44 | 2.18 | 2.17 |
December 31, 2023 calculation
Financial leverage ratio = Total assets ÷ Total stockholders’ equity
= $2,946,280K ÷ $1,311,460K
= 2.25
The financial leverage ratio of Hayward Holdings Inc has shown some fluctuations over the quarters, ranging from 2.18 to 2.44. The ratio measures the proportion of a company's debt to its equity, indicating the extent to which a company relies on debt financing. A higher financial leverage ratio suggests higher financial risk due to increased debt levels, as seen in Q2 2022 and Q1 2023. On the other hand, a lower ratio indicates lesser reliance on debt financing, as evidenced in Q1 2022. Overall, the company's financial leverage ratio has been relatively stable around the 2.25 to 2.38 range for most quarters, reflecting a moderate level of debt utilization compared to equity. Further analysis of the company's debt structure and repayment capabilities would provide deeper insights into its financial stability and risk exposure.
Peer comparison
Dec 31, 2023