Latham Group Inc
Latham Group, Inc. designs, manufactures, and markets in-ground residential swimming pools in North America, Australia, and New Zealand. It offers a portfolio of pools and related products, including in-ground swimming pools that include fiberglass and packaged pools; and pool covers and liners under the Latham, Narellan, CoverStar, Radiant, and GLI brand names. The company was formerly known as … Read more
Latham Group Inc (SWIM) - Total Assets
Latest total assets as of September 2025: $844.42 Million USD
Based on the latest financial reports, Latham Group Inc (SWIM) holds total assets worth $844.42 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Latham Group Inc - Total Assets Trend (2019–2024)
This chart illustrates how Latham Group Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Latham Group Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Latham Group Inc's total assets of $844.42 Million consist of 22.5% current assets and 77.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 7.1% |
| Accounts Receivable | $36.26 Million | 4.6% |
| Inventory | $77.10 Million | 9.7% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $292.91 Million | 36.9% |
| Goodwill | $152.62 Million | 19.2% |
Asset Composition Trend (2019–2024)
This chart illustrates how Latham Group Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Latham Group Inc's current assets represent 22.5% of total assets in 2024, a decrease from 24.3% in 2019.
- Cash Position: Cash and equivalents constituted 7.1% of total assets in 2024, down from 10.8% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 55.0% of total assets, a decrease from 68.0% in 2019.
- Asset Diversification: The largest asset category is intangible assets at 36.9% of total assets.
Latham Group Inc Competitors by Total Assets
Key competitors of Latham Group Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Huasu Holdings Co Ltd
SHE:000509
|
China | CN¥871.41 Million |
|
Wuhu Conch Profiles and Science Co Ltd
SHE:000619
|
China | CN¥5.36 Billion |
|
Beijing New Building Materials Public Ltd Co
SHE:000786
|
China | CN¥36.78 Billion |
|
Yantai Moon Co Ltd
SHE:000811
|
China | CN¥12.54 Billion |
|
Tangshan Jidong Equipment Engineering Co Ltd
SHE:000856
|
China | CN¥2.25 Billion |
|
Arrow Home Group Co. Ltd. A
SHE:001322
|
China | CN¥9.20 Billion |
|
Shandong Luyang Share Co Ltd
SHE:002088
|
China | CN¥3.23 Billion |
|
Everjoy Health Group Co Ltd
SHE:002162
|
China | CN¥2.01 Billion |
Latham Group Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Latham Group Inc generates 0.64x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Latham Group Inc is currently not profitable relative to its asset base.
Latham Group Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 2.43 | 2.44 | 1.78 |
| Quick Ratio | 1.72 | 1.60 | 1.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $141.70 Million | $ 128.46 Million | $ 73.39 Million |
Latham Group Inc - Advanced Valuation Insights
This section examines the relationship between Latham Group Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.89 |
| Latest Market Cap to Assets Ratio | 0.40 |
| Asset Growth Rate (YoY) | -4.9% |
| Total Assets | $794.21 Million |
| Market Capitalization | $317.31 Million USD |
Valuation Analysis
Below Book Valuation: The market values Latham Group Inc's assets below their book value (0.40 x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: Latham Group Inc's assets decreased by 4.9% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for Latham Group Inc (2019–2024)
The table below shows the annual total assets of Latham Group Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $794.21 Million | -4.89% |
| 2023-12-31 | $835.00 Million | -3.99% |
| 2022-12-31 | $869.68 Million | +9.47% |
| 2021-12-31 | $794.48 Million | +22.86% |
| 2020-12-31 | $646.68 Million | +23.01% |
| 2019-12-31 | $525.71 Million | -- |