Latham Group Balance Sheet Health
Financial Health criteria checks 2/6
Latham Group has a total shareholder equity of $416.6M and total debt of $284.9M, which brings its debt-to-equity ratio to 68.4%. Its total assets and total liabilities are $853.4M and $436.8M respectively. Latham Group's EBIT is $22.3M making its interest coverage ratio 0.7. It has cash and short-term investments of $59.9M.
Key information
68.4%
Debt to equity ratio
US$284.85m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$59.86m |
| Equity | US$416.65m |
| Total liabilities | US$436.76m |
| Total assets | US$853.41m |
Recent financial health updates
Latham Group (NASDAQ:SWIM) Has A Pretty Healthy Balance Sheet
Oct 14
Here's Why Latham Group (NASDAQ:SWIM) Has A Meaningful Debt Burden
Apr 17Recent updates
Latham Group: The Water Is Getting Warmer
Nov 18Latham Group: End Of A Nightmare
Oct 18Latham Group (NASDAQ:SWIM) Has A Pretty Healthy Balance Sheet
Oct 14Is Latham Group, Inc. (NASDAQ:SWIM) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 14Latham Group, Inc.'s (NASDAQ:SWIM) 85% Jump Shows Its Popularity With Investors
Aug 25Latham Group's (NASDAQ:SWIM) Shareholders May Want To Dig Deeper Than Statutory Profit
Aug 14Latham Group: It Might Be Time To Dip Your Toes In
Aug 08Latham Group, Inc.'s (NASDAQ:SWIM) 29% Dip Still Leaving Some Shareholders Feeling Restless Over Its P/SRatio
Jul 11Here's What's Concerning About Latham Group's (NASDAQ:SWIM) Returns On Capital
Jun 26Latham Group, Inc.'s (NASDAQ:SWIM) 25% Share Price Plunge Could Signal Some Risk
May 05Latham Group, Inc.'s (NASDAQ:SWIM) CEO Might Not Expect Shareholders To Be So Generous This Year
Apr 26Here's Why Latham Group (NASDAQ:SWIM) Has A Meaningful Debt Burden
Apr 17Latham Group, Inc.'s (NASDAQ:SWIM) 25% Jump Shows Its Popularity With Investors
Mar 21Is It Time To Consider Buying Latham Group, Inc. (NASDAQ:SWIM)?
Mar 03Latham Group (NASDAQ:SWIM) May Have Issues Allocating Its Capital
Feb 13Pinning Down Latham Group, Inc.'s (NASDAQ:SWIM) P/S Is Difficult Right Now
Jan 26Estimating The Fair Value Of Latham Group, Inc. (NASDAQ:SWIM)
Dec 15Latham Group, Inc. (NASDAQ:SWIM) Shares May Have Slumped 28% But Getting In Cheap Is Still Unlikely
Sep 12Returns On Capital Signal Tricky Times Ahead For Latham Group (NASDAQ:SWIM)
Jun 29What Is Latham Group, Inc.'s (NASDAQ:SWIM) Share Price Doing?
Jun 02Is Latham Group, Inc. (NASDAQ:SWIM) Trading At A 44% Discount?
May 04The Returns At Latham Group (NASDAQ:SWIM) Aren't Growing
Feb 09Financial Position Analysis
Short Term Liabilities: SWIM's short term assets ($217.8M) exceed its short term liabilities ($89.4M).
Long Term Liabilities: SWIM's short term assets ($217.8M) do not cover its long term liabilities ($347.4M).
Debt to Equity History and Analysis
Debt Level: SWIM's net debt to equity ratio (54%) is considered high.
Reducing Debt: Insufficient data to determine if SWIM's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SWIM's debt is well covered by operating cash flow (29.3%).
Interest Coverage: SWIM's interest payments on its debt are not well covered by EBIT (0.7x coverage).