Latham Group Balance Sheet Health
Financial Health criteria checks 4/6
Latham Group has a total shareholder equity of $398.4M and total debt of $282.5M, which brings its debt-to-equity ratio to 70.9%. Its total assets and total liabilities are $822.1M and $423.7M respectively. Latham Group's EBIT is $20.1M making its interest coverage ratio 0.7. It has cash and short-term investments of $26.9M.
Key information
70.90%
Debt to equity ratio
US$282.49m
Debt
| Interest coverage ratio | 0.7x |
| Cash | US$26.94m |
| Equity | US$398.43m |
| Total liabilities | US$423.71m |
| Total assets | US$822.14m |
Recent financial health updates
We Think Latham Group (NASDAQ:SWIM) Is Taking Some Risk With Its Debt
Jun 25
Is Latham Group (NASDAQ:SWIM) A Risky Investment?
Feb 28Latham Group (NASDAQ:SWIM) Has A Pretty Healthy Balance Sheet
Oct 14Here's Why Latham Group (NASDAQ:SWIM) Has A Meaningful Debt Burden
Apr 17Recent updates
Latham Group: After A Surge, Better Opportunities Exist
Sep 12Investors Aren't Entirely Convinced By Latham Group, Inc.'s (NASDAQ:SWIM) Revenues
Jul 13We Think Latham Group (NASDAQ:SWIM) Is Taking Some Risk With Its Debt
Jun 25The Returns On Capital At Latham Group (NASDAQ:SWIM) Don't Inspire Confidence
May 05Market Cool On Latham Group, Inc.'s (NASDAQ:SWIM) Revenues Pushing Shares 28% Lower
Apr 08Latham Group: A Pool Of Potential, But Too Many Red Flags For Now
Mar 05Is Latham Group (NASDAQ:SWIM) A Risky Investment?
Feb 28Latham Group, Inc.'s (NASDAQ:SWIM) Price In Tune With Revenues
Jan 28Does This Valuation Of Latham Group, Inc. (NASDAQ:SWIM) Imply Investors Are Overpaying?
Jan 03Is Now The Time To Look At Buying Latham Group, Inc. (NASDAQ:SWIM)?
Dec 10Latham 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 25
Pool Industry Woes Meet Hope In Innovation And Critical Acquisitions
Forecasted decline in new pool starts poses risks to future revenue, amidst efforts to improve profitability through restructuring and cost management.Latham 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 26Financial Position Analysis
Short Term Liabilities: SWIM's short term assets ($214.4M) exceed its short term liabilities ($89.9M).
Long Term Liabilities: SWIM's short term assets ($214.4M) do not cover its long term liabilities ($333.8M).
Debt to Equity History and Analysis
Debt Level: SWIM's net debt to equity ratio (64.1%) is considered high.
Reducing Debt: SWIM's debt to equity ratio has reduced from 93.9% to 70.9% 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 18.2% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/16 14:13 |
| End of Day Share Price | 2025/10/16 00:00 |
| Earnings | 2025/06/28 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Latham Group, Inc. is covered by 12 analysts. 7 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Wojs | Baird |
| Matthew Bouley | Barclays |
| Shaun Calnan | BofA Global Research |