Hayward Holdings Inc (HAYW)
Financial leverage ratio
| Dec 31, 2024 | Sep 30, 2024 | Jun 30, 2024 | Mar 31, 2024 | 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 | Dec 31, 2020 | Sep 30, 2020 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | US$ in thousands | 2,990,620 | 2,889,860 | 2,862,670 | 2,927,660 | 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 | 2,845,940 | 2,793,300 | 2,720,300 | 2,607,100 | — | — | — |
| Total stockholders’ equity | US$ in thousands | 1,423,650 | 1,373,160 | 1,357,400 | 1,320,490 | 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 | 1,263,900 | 1,206,700 | 209,200 | — | — | 164,000 |
| Financial leverage ratio | 2.10 | 2.10 | 2.11 | 2.22 | 2.25 | 2.25 | 2.27 | 2.38 | 2.35 | 2.37 | 2.44 | 2.18 | 2.17 | 2.19 | 2.21 | 2.25 | 12.46 | — | — | 0.00 |
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 fluctuations over the past few years, indicating changes in the company's debt levels relative to its equity. The ratio was 0.00% as of March 31, 2020, suggesting no debt on the company's balance sheet at that time. However, by December 31, 2020, the ratio increased significantly to 12.46%, indicating a substantial increase in debt compared to equity.
Subsequently, the financial leverage ratio decreased to 2.25% by March 31, 2021, and has been relatively stable around this level since then. This indicates that the company has managed to reduce its debt relative to equity over the years following the spike in December 2020.
Overall, the financial leverage ratio of Hayward Holdings Inc has stabilized in the range of 2.10% to 2.44% from 2022 to 2024, suggesting a moderate level of leverage in the company's capital structure. This indicates a balanced approach to funding operations through a mix of debt and equity, which can be seen as a reasonable strategy for maintaining financial stability and flexibility.
Peer comparison
Dec 31, 2024