Latham Group, Inc. (SWIM) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Total Current Assets | 229.87M | 219M | 240.91M | 214.37M | 211.54M | 178.3M | 217.84M | 251.38M | 221.31M | 238.62M | 263.58M | 262.06M | 318.66M | 255.01M | 314.24M | 307.12M | 313.38M | 229.07M | 263.69M | 242.79M |
| Cash & Short-Term Investments | 27.48M | 71.04M | 70.52M | 26.94M | 23.97M | 56.4M | 59.86M | 90.77M | 43.81M | 102.76M | 78.11M | 43.12M | 55.02M | 32.63M | 30.62M | 25.22M | 18.66M | 43.95M | 90.87M | 76.52M |
| Cash Only | 27.48M | 71.04M | 70.52M | 26.94M | 23.97M | 56.4M | 59.86M | 90.77M | 43.81M | 102.76M | 78.11M | 43.12M | 55.02M | 32.63M | 30.62M | 25.22M | 18.66M | 43.95M | 90.87M | 76.52M |
| Short-Term Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 89.21M | 39.91M | 90.67M | 97.44M | 92.35M | 36.26M | 73.66M | 67.52M | 75.36M | 31.39M | 76.27M | 85.52M | 107.51M | 51.16M | 109.08M | 110.09M | 143.08M | 64.79M | 81.44M | 81.69M |
| Days Sales Outstanding | 47.88 | 62.06 | 52.87 | 50.02 | 50.79 | 59.2 | 42.68 | 40.6 | 43.42 | 54.5 | 45.79 | 49.58 | 52.42 | 67.56 | 52.65 | 55.7 | 49.9 | 47.39 | 45.83 | 44.46 |
| Inventory | 87.61M | 74.93M | 70.32M | 78.65M | 86.86M | 77.1M | 74.94M | 83.67M | 95.15M | 97.14M | 103.22M | 126.52M | 149.56M | 165.22M | 166.43M | 161.92M | 140.07M | 109.56M | 80.7M | 74.47M |
| Days Inventory Outstanding | 88.2 | 68.34 | 64.8 | 69.3 | 91.86 | 108.56 | 70.89 | 75.97 | 108.11 | 132.29 | 92.81 | 98.99 | 137.25 | 170.33 | 114.46 | 98.71 | 94.93 | 88.73 | 63.63 | 55.18 |
| Other Current Assets | 25.57M | 33.12M | 9.41M | 11.34M | 8.36M | 8.54M | 9.37M | 9.43M | 7M | 7.33M | 5.97M | 6.91M | 6.58M | 6M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Non-Current Assets | 626.53M | 604.22M | 603.51M | 607.77M | 613.04M | 615.91M | 635.57M | 578.64M | 587.3M | 596.39M | 601.91M | 609.08M | 611M | 614.68M | 606.26M | 602.1M | 601.47M | 565.42M | 470.05M | 475.9M |
| Property, Plant & Equipment | 167.78M | 149.54M | 146.56M | 143.11M | 139.15M | 141.11M | 143.4M | 139.64M | 145.38M | 143.8M | 142.26M | 144.6M | 142.09M | 136.49M | 123.35M | 110.3M | 101.15M | 63.51M | 58.77M | 56.18M |
| Fixed Asset Turnover | 0.74x | 0.68x | 1.12x | 1.22x | 0.80x | 0.61x | 1.06x | 1.12x | 0.77x | 0.64x | 1.12x | 1.24x | 0.99x | 0.83x | 1.62x | 1.96x | 2.33x | 2.27x | 2.82x | 3.39x |
| Goodwill | 161.14M | 155.19M | 155.02M | 155M | 154.68M | 152.63M | 153.04M | 131.18M | 130.99M | 131.36M | 130.88M | 131.17M | 131.2M | 131.38M | 128.06M | 128.63M | 129.59M | 128.87M | 115.16M | 115.53M |
| Intangible Assets | 265.54M | 268.07M | 275.12M | 282.31M | 289.23M | 292.91M | 301.31M | 269.7M | 275.88M | 282.79M | 288.75M | 295.66M | 302.3M | 309.21M | 315.06M | 323.02M | 331.59M | 338.31M | 271.83M | 277.91M |
| Long-Term Investments | 0 | 26.48M | 25.83M | 26.33M | 25.84M | 24.89M | 25.43M | 24.92M | 26.94M | 25.94M | 25.23M | 25.79M | 25.13M | 25.09M | 25.95M | 24.62M | 23.9M | 23.36M | 22M | 25.28M |
| Other Non-Current Assets | 31.02M | 4.21M | 262K | 302K | 3.41M | 3.64M | 4.15M | 5.24M | 807K | 5M | 6.92M | 5.26M | 2.41M | 4.73M | 6.03M | 5.73M | 4.61M | 765K | 1.51M | 211K |
| Total Assets | 856.4M | 823.22M | 844.42M | 822.14M | 824.59M | 794.21M | 853.41M | 830.03M | 808.61M | 835M | 865.49M | 871.14M | 929.65M | 869.68M | 920.5M | 909.22M | 914.85M | 794.48M | 733.75M | 718.69M |
| Asset Turnover | 0.14x | 0.12x | 0.19x | 0.21x | 0.14x | 0.11x | 0.18x | 0.20x | 0.13x | 0.11x | 0.19x | 0.20x | 0.15x | 0.12x | 0.21x | 0.23x | 0.22x | 0.18x | 0.22x | 0.26x |
| Asset Growth % | 3.86% | 3.65% | -1.05% | -0.95% | 1.98% | -4.89% | -1.4% | -4.72% | -13.02% | -3.99% | -5.98% | -4.19% | 1.62% | 9.47% | 25.45% | 26.51% | 35.5% | 22.86% | - | - |
| Total Current Liabilities | 122.27M | 79.14M | 99.22M | 89.87M | 83.03M | 70.98M | 89.38M | 78.14M | 70.88M | 86.21M | 86.94M | 87.84M | 106.28M | 86.86M | 115.92M | 124.47M | 124.04M | 115.17M | 114.66M | 111.89M |
| Accounts Payable | 29.87M | 19.28M | 29.37M | 26.17M | 28.04M | 13.14M | 28.35M | 26.57M | 25.02M | 17.12M | 27.4M | 34.82M | 49.2M | 25.45M | 42.11M | 54.73M | 56.75M | 38M | 40.97M | 41.99M |
| Days Payables Outstanding | 26.68 | 22.89 | 24.16 | 22.69 | 23.07 | 29.62 | 24.54 | 21.92 | 23.7 | 29.4 | 25.14 | 30.13 | 32.55 | 34.7 | 33.76 | 36.44 | 36.03 | 36.83 | 34.02 | 30.81 |
| Short-Term Debt | 10.04M | 10.88M | 11.19M | 3.25M | 3.25M | 3.25M | 3.25M | 3.25M | 3.25M | 21.25M | 3.25M | 3.25M | 3.25M | 3.25M | 3.25M | 3.25M | 3.25M | 17.22M | 14.23M | 14.23M |
| Deferred Revenue (Current) | 0 | 0 | 0 | 0 | 0 | 3.79M | 0 | 0 | 0 | 3.79M | 0 | 0 | 0 | 4.48M | 0 | 0 | 0 | 5.93M | 0 | 0 |
| Other Current Liabilities | 82.35M | 48.98M | 58.66M | 0 | 0 | 2.39M | 0 | 0 | 0 | 2.89M | 0 | 0 | 0 | 39.73M | 0 | 0 | 0 | 46.48M | 0 | 0 |
| Current Ratio | 1.88x | 2.77x | 2.43x | 2.39x | 2.55x | 2.51x | 2.44x | 3.22x | 3.12x | 2.77x | 3.03x | 2.98x | 3.00x | 2.94x | 2.71x | 2.47x | 2.53x | 1.99x | 2.30x | 2.17x |
| Quick Ratio | 1.16x | 1.82x | 1.72x | 1.51x | 1.50x | 1.43x | 1.60x | 2.15x | 1.78x | 1.64x | 1.84x | 1.54x | 1.59x | 1.03x | 1.28x | 1.17x | 1.40x | 1.04x | 1.60x | 1.50x |
| Cash Conversion Cycle | 109.41 | 107.51 | 93.51 | 96.62 | 119.58 | 138.13 | 89.03 | 94.65 | 127.83 | 157.39 | 113.46 | 118.45 | 157.12 | 203.19 | 133.36 | 117.98 | 108.8 | 99.29 | 75.44 | 68.83 |
| Total Non-Current Liabilities | 337.44M | 338.22M | 336.85M | 333.85M | 360.42M | 336.01M | 347.38M | 343.75M | 345.97M | 349.6M | 385.85M | 397.1M | 448.32M | 400.03M | 406.55M | 402.84M | 410.71M | 325.67M | 283.59M | 286.72M |
| Long-Term Debt | 23.63M | 274.47M | 277.82M | 278.24M | 303.66M | 278.27M | 279.5M | 279.11M | 279.53M | 279.95M | 298.37M | 308.79M | 357.21M | 309.63M | 310.05M | 310.47M | 320.89M | 263.19M | 219.97M | 223.11M |
| Capital Lease Obligations | 0 | 26.09M | 25.56M | 22.06M | 20.95M | 22.14M | 22.75M | 21.45M | 26.21M | 24.79M | 26.12M | 27.53M | 30.91M | 32.39M | 33.55M | 29.55M | 27.03M | 0 | 0 | 0 |
| Deferred Tax Liabilities | 34.27M | 34.27M | 32.35M | 32.35M | 32.35M | 32.35M | 40.09M | 40.09M | 40.09M | 40.09M | 57.68M | 57.55M | 57.43M | 57.3M | 62.21M | 62.13M | 62.08M | 62.03M | 61.6M | 61.55M |
| Other Non-Current Liabilities | 279.53M | 3.4M | 1.12M | 1.19M | 3.46M | 3.25M | 5.04M | 3.11M | 139K | 4.77M | 3.67M | 3.23M | 2.78M | 702K | 743K | 685K | 714K | 453K | 2.03M | 2.06M |
| Total Liabilities | 459.7M | 417.36M | 436.06M | 423.71M | 443.44M | 406.99M | 436.76M | 421.89M | 416.84M | 435.8M | 472.79M | 484.94M | 554.61M | 486.89M | 522.47M | 527.31M | 534.75M | 440.84M | 398.25M | 398.61M |
| Total Debt | 33.67M | 311.44M | 314.57M | 311.28M | 334.96M | 310.83M | 312.56M | 310.44M | 316.6M | 333.12M | 334.64M | 346.46M | 398.45M | 352.19M | 353.33M | 349.91M | 357.96M | 280.41M | 234.2M | 237.34M |
| Net Debt | 6.19M | 240.39M | 244.05M | 284.33M | 311M | 254.44M | 252.7M | 219.67M | 272.79M | 230.36M | 256.52M | 303.35M | 343.43M | 319.57M | 322.71M | 324.69M | 339.3M | 236.46M | 143.33M | 160.83M |
| Debt / Equity | 0.08x | 0.77x | 0.77x | 0.78x | 0.88x | 0.80x | 0.75x | 0.76x | 0.81x | 0.83x | 0.85x | 0.90x | 1.06x | 0.92x | 0.89x | 0.92x | 0.94x | 0.79x | 0.70x | 0.74x |
| Debt / EBITDA | - | 78.63x | 9.15x | 8.32x | 44.85x | - | 12.66x | 10.15x | 38.14x | 171.09x | 11.71x | 14.80x | 135.57x | - | 8.81x | 12.31x | 21.97x | - | 42.95x | - |
| Net Debt / EBITDA | - | 60.69x | 7.10x | 7.60x | 41.64x | - | 10.23x | 7.18x | 32.86x | 118.31x | 8.98x | 12.96x | 116.85x | - | 8.04x | 11.42x | 20.82x | - | 26.28x | - |
| Interest Coverage | -1.39x | -1.59x | 3.57x | 3.95x | -0.58x | -3.47x | 1.64x | 3.28x | -0.47x | -0.68x | 3.15x | 3.36x | -0.60x | -2.81x | 5.92x | 5.83x | 10.33x | -2.64x | 0.18x | -5.44x |
| Total Equity | 396.7M | 405.86M | 408.36M | 398.43M | 381.14M | 387.22M | 416.65M | 408.13M | 391.77M | 399.2M | 392.7M | 386.2M | 375.05M | 382.79M | 398.04M | 381.91M | 380.1M | 353.64M | 335.5M | 320.07M |
| Equity Growth % | 4.08% | 4.81% | -1.99% | -2.38% | -2.71% | -3% | 6.1% | 5.68% | 4.46% | 4.29% | -1.34% | 1.12% | -1.33% | 8.24% | 18.64% | 19.32% | 229.28% | 25.58% | - | - |
| Book Value per Share | 3.39 | 3.48 | 3.41 | 3.34 | 3.29 | 3.35 | 3.52 | 3.49 | 3.41 | 3.48 | 3.42 | 3.43 | 3.35 | 3.41 | 3.52 | 3.31 | 3.34 | 3.15 | 2.99 | 2.93 |
| Total Shareholders' Equity | 396.7M | 405.86M | 408.36M | 398.43M | 381.14M | 387.22M | 416.65M | 408.13M | 391.77M | 399.2M | 392.7M | 386.2M | 375.05M | 382.79M | 398.04M | 381.91M | 380.1M | 353.64M | 335.5M | 320.07M |
| Common Stock | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 12K | 11K | 11K | 11K | 11K | 11K | 11K | 12K | 12K | 12K | 12K | 12K | 12K |
| Retained Earnings | -72.23M | -63.69M | -56.68M | -64.8M | -80.78M | -74.82M | -45.65M | -51.54M | -64.82M | -56.96M | -57.07M | -63.22M | -68.94M | -54.57M | -35.53M | -47.41M | -51.71M | -48.58M | -42.6M | -31.3M |
| Treasury Stock | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | -3.23M | -3.88M | -4.71M | -4.85M | -4.83M | -5.05M | -2.59M | -3.37M | -4.35M | -3.54M | -6.01M | -4.01M | -3.68M | -3.53M | -5.14M | -2.33M | 1.59M | 370K | 430K | 1.35M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |