Pool Corporation (POOL)

Solvency ratios

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
Debt-to-assets ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-to-capital ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Debt-to-equity ratio 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Financial leverage ratio 2.64 2.35 2.56 2.79 2.61 2.42 2.52 3.07 2.89 3.10 3.22 3.31 3.01 2.32 2.53 3.26 2.72 2.69 3.40 5.02

Pool Corporation consistently demonstrates a strong solvency position as indicated by its solvency ratios. The debt-to-assets, debt-to-capital, and debt-to-equity ratios have remained at 0.00 throughout the reporting periods, suggesting that the company has been operating with minimal debt relative to its assets, capital, and equity. Additionally, the financial leverage ratio has gradually decreased from 5.02 on March 31, 2020, to 2.64 on December 31, 2024.

The decreasing trend in the financial leverage ratio indicates that Pool Corporation has been effectively managing its financial leverage and debt levels over time. This lower financial leverage ratio reflects a reduced reliance on debt financing to support its operations and indicates a more secure financial position.

Overall, the solvency ratios of Pool Corporation consistently portray a financially stable and secure business with prudent debt management practices, which bodes well for the company's long-term financial health and sustainability.


Coverage ratios

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
Interest coverage 12.28 12.25 12.30 12.67 12.78 12.53 14.09 18.15 25.07 38.42 57.18 83.37 96.27 78.52 72.89 54.93 38.11 29.08 20.85 15.74

Based on the provided data, Pool Corporation's interest coverage ratio has shown a generally positive trend from March 31, 2020, to December 31, 2021, with a noticeable increase in the ratio over this period. The interest coverage ratio has increased consistently, indicating that Pool Corporation's ability to meet its interest obligations has improved significantly during this period.

The interest coverage ratio stood at 15.74 on March 31, 2020, and showed a consistent upward trend, reaching its peak at 96.27 on December 31, 2021. This upward trend suggests that the company's earnings are more than sufficient to cover its interest expenses comfortably. A higher interest coverage ratio indicates a stronger ability to meet interest payments on outstanding debt and reflects a lower risk of default.

However, starting from March 31, 2022, the interest coverage ratio began to decline, reaching 12.28 by December 31, 2024. This decline could potentially indicate a decrease in earnings relative to interest expenses or an increase in debt levels. A decreasing interest coverage ratio may raise concerns about the company's ability to handle its debt obligations, as lower ratios could signal financial stress.

It is important for investors and stakeholders to monitor Pool Corporation's interest coverage ratio closely in future periods to assess the company's financial health and its ability to continue meeting its interest obligations. A stable or increasing interest coverage ratio would be favorable, indicating a solid financial position and a lower risk of financial distress.