Latham Group Balance Sheet Health
Financial Health criteria checks 2/6
Latham Group has a total shareholder equity of $408.1M and total debt of $282.4M, which brings its debt-to-equity ratio to 69.2%. Its total assets and total liabilities are $830.0M and $421.9M respectively. Latham Group's EBIT is $27.0M making its interest coverage ratio 1. It has cash and short-term investments of $90.8M.
Key information
69.2%
Debt to equity ratio
US$282.36m
Debt
| Interest coverage ratio | 1x |
| Cash | US$90.77m |
| Equity | US$408.13m |
| Total liabilities | US$421.90m |
| Total assets | US$830.03m |
Recent financial health updates
Recent updates
Is Latham Group, Inc. (NASDAQ:SWIM) Expensive For A Reason? A Look At Its Intrinsic Value
Sep 14
Latham 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 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 14Financial Position Analysis
Short Term Liabilities: SWIM's short term assets ($251.4M) exceed its short term liabilities ($78.1M).
Long Term Liabilities: SWIM's short term assets ($251.4M) do not cover its long term liabilities ($343.8M).
Debt to Equity History and Analysis
Debt Level: SWIM's net debt to equity ratio (46.9%) 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 (34.7%).
Interest Coverage: SWIM's interest payments on its debt are not well covered by EBIT (1x coverage).