Latham Group Balance Sheet Health
Financial Health criteria checks 3/6
Latham Group has a total shareholder equity of $399.2M and total debt of $302.4M, which brings its debt-to-equity ratio to 75.8%. Its total assets and total liabilities are $835.0M and $435.8M respectively. Latham Group's EBIT is $16.1M making its interest coverage ratio 0.5. It has cash and short-term investments of $102.8M.
Key information
75.8%
Debt to equity ratio
US$302.40m
Debt
| Interest coverage ratio | 0.5x |
| Cash | US$102.76m |
| Equity | US$399.20m |
| Total liabilities | US$435.80m |
| Total assets | US$835.00m |
Recent financial health updates
Recent updates
Here's Why Latham Group (NASDAQ:SWIM) Has A Meaningful Debt Burden
Apr 17
Latham 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 09Analysts Just Made A Major Revision To Their Latham Group, Inc. (NASDAQ:SWIM) Revenue Forecasts
Nov 13Some Investors May Be Worried About Latham Group's (NASDAQ:SWIM) Returns On Capital
Oct 24Latham Group: A Rapidly-Growing Pool Business
Sep 08Latham Group, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Aug 14Latham Group price target lowered to $5.50 by Goldman Sachs
Jul 13Latham Group Enjoys Pricing Power In Prime Selling Season
Jun 10Latham Group: Hitting The Bottom?
May 27A Look At The Fair Value Of Latham Group, Inc. (NASDAQ:SWIM)
Oct 19Financial Position Analysis
Short Term Liabilities: SWIM's short term assets ($238.6M) exceed its short term liabilities ($86.2M).
Long Term Liabilities: SWIM's short term assets ($238.6M) do not cover its long term liabilities ($349.6M).
Debt to Equity History and Analysis
Debt Level: SWIM's net debt to equity ratio (50%) is considered high.
Reducing Debt: Insufficient data to determine if SWIM's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SWIM has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SWIM is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 17.4% per year.