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Hayward Holdings (Hayward Holdings) Debt-to-EBITDA : 6.22 (As of Mar. 2024)


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What is Hayward Holdings Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hayward Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $24.2 Mil. Hayward Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $1,078.3 Mil. Hayward Holdings's annualized EBITDA for the quarter that ended in Mar. 2024 was $177.4 Mil. Hayward Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was 6.21.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Hayward Holdings's Debt-to-EBITDA or its related term are showing as below:

HAYW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 2.69   Med: 4.85   Max: 7.15
Current: 4.8

During the past 5 years, the highest Debt-to-EBITDA Ratio of Hayward Holdings was 7.15. The lowest was 2.69. And the median was 4.85.

HAYW's Debt-to-EBITDA is ranked worse than
78.86% of 2290 companies
in the Industrial Products industry
Industry Median: 1.71 vs HAYW: 4.80

Hayward Holdings Debt-to-EBITDA Historical Data

The historical data trend for Hayward Holdings's Debt-to-EBITDA 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.

* Premium members only.

Hayward Holdings Debt-to-EBITDA Chart

Hayward Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
7.15 6.71 2.69 3.27 4.85

Hayward Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.06 3.66 6.81 4.00 6.22

Competitive Comparison of Hayward Holdings's Debt-to-EBITDA

For the Electrical Equipment & Parts subindustry, Hayward Holdings's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Hayward Holdings's Debt-to-EBITDA Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Hayward Holdings's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hayward Holdings's Debt-to-EBITDA falls into.



Hayward Holdings Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hayward Holdings's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(25.208 + 1079.28) / 227.749
=4.85

Hayward Holdings's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(24.228 + 1078.266) / 177.4
=6.21

* 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.

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Mar. 2024) EBITDA data.


Hayward Holdings  (NYSE:HAYW) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.


Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.


Hayward Holdings Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Hayward Holdings's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Hayward Holdings (Hayward Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1415 Vantage Park Drive, Suite 400, Charlotte, NC, USA, 28203
Hayward Holdings is a leading manufacturer of energy-efficient swimming pool equipment and pool automation systems. The company offers a wide range of pool equipment, including pumps, filters, heaters, LED lights, and sanitization. Headquartered in Charlotte, North Carolina, the company has around 2,000 full-time employees. Hayward generated approximately $1.3 billion in revenue in 2022.
Executives
Fernando Blasco officer: VP&GM, Europe & Rest of World 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Eifion Jones officer: Senior VP and CFO 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Kevin Holleran officer: President and CEO 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Arthur L Soucy director 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Ccmp Capital, Lp 10 percent owner 245 PARK AVENUE, 16TH FLOOR, NEW YORK NY 10167
Alberta Investment Management Corp 10 percent owner 1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
John Alec Collins officer: SVP Chief Supply Chain Officer 1415 VANTAGE PARK DRIVE, SUITE 400, CHARLOTTE NC 28203
Lesley Billow officer: SVP, Chief HR Officer 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Edward D Ward director 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Billy Emory officer: VP, Chief Accounting Officer 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Susan M. Canning officer: SVP, CLO, Corporate Secretary C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222
Rick Roetken officer: President, North America 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Donald Matthew Smith officer: SVP & Chief Supply Chain Offi. 400 CONNELL DRIVE, SUITE 6100, BERKELEY HEIGHTS NJ 07922
Msd Partners, L.p. director, 10 percent owner ONE VANDERBILT AVENUE, 26TH FLOOR, NEW YORK NY 10017
Lori A Walker director

Hayward Holdings (Hayward Holdings) Headlines

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