SWIM has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
SWIM has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Interest Expense is the amount reported by a company or individual as an expense for borrowed money. Latham Group's interest expense for the three months ended in Mar. 2024 was $ -5.0 Mil. Its interest expense for the trailing twelve months (TTM) ended in Mar. 2024 was $-25.1 Mil.
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income(EBIT) by its Interest Expense. Latham Group's Operating Income for the three months ended in Mar. 2024 was $ -2.1 Mil. Latham Group's Interest Expense for the three months ended in Mar. 2024 was $ -5.0 Mil. Latham Group did not have earnings to cover the interest expense. The higher the ratio, the stronger the company's financial strength is. Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
The historical data trend for Latham Group's Interest Expense can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Latham Group Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Interest Expense | -22.64 | -18.25 | -24.43 | -15.75 | -30.92 |
Latham Group Quarterly Data | ||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Interest Expense | Get a 7-Day Free Trial | -10.80 | -4.49 | -5.98 | -9.65 | -4.98 |
Interest Expense is the amount reported by a company or individual as an expense for borrowed money.
Interest Expense for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-25.1 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Latham Group (NAS:SWIM) Interest Expense Explanation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense. The higher, the better.Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.
Latham Group's Interest Expense for the three months ended in Mar. 2024 was $-5.0 Mil. Its Operating Income for the three months ended in Mar. 2024 was $-2.1 Mil. And its Long-Term Debt & Capital Lease Obligation for the three months ended in Mar. 2024 was $302.5 Mil.
Latham Group's Interest Coverage for the quarter that ended in Mar. 2024 is calculated as
Latham Group did not have earnings to cover the interest expense. |
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
The higher the ratio, the stronger the company's financial strength is.
Oliver C. Gloe | officer: VICE PRESIDENT, FINANCE | C/O LATHAM GROUP, 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Scott Michael Rajeski | director, officer: Chief Executive Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Melissa Claire Feck | officer: Chief Human Resources Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Patrick M Sheller | officer: General Counsel & Secretary | 343 STATE STREET, ROCHESTER NY 14650 |
J Mark Borseth | officer: Chief Financial Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
James E Cline | director | C/O TREX COMPANY INC., 160 EXETER DRIVE, WINCHESTER VA 22603 |
Joshua D. Cowley | officer: Chief Commercial Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Suraj Kunchala | officer: Vice President & Controller | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Brian Patrick Pratt | director | 112 E. 17TH ST., NEW YORK NY 10003 |
Delu Jackson | director | 650 TENNIS CLUB DRIVE, APT. L107, FORT LAUDERDALE FL 33311 |
Sanjeev Bahl | officer: COO Latham Pool Products, Inc. | C/O LATHAM GROUP, INC., 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Mark Phillip Laven | director | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Masson Robert L. Ii | officer: Chief Financial Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Dane L. Derbyshire | director | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
Jeff Arnold Leake | officer: Chief Operating Officer | 787 WATERVLIET SHAKER ROAD, LATHAM NY 12110 |
From GuruFocus
By PurpleRose PurpleRose • 08-09-2022
By sperokesalga sperokesalga • 04-18-2023
By sperokesalga sperokesalga • 02-14-2023
By GuruFocusNews GuruFocusNews • 07-04-2022
By Marketwired • 10-17-2023
By Marketwired • 11-01-2023
By sperokesalga sperokesalga • 05-23-2023
By Stock market mentor Stock market mentor • 01-19-2023
By PurpleRose PurpleRose • 07-21-2022
By PurpleRose PurpleRose • 07-14-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.