Swift Networks Group Balance Sheet Health
Financial Health criteria checks 2/6
Swift Networks Group has a total shareholder equity of A$-5.9M and total debt of A$6.4M, which brings its debt-to-equity ratio to -108.8%. Its total assets and total liabilities are A$10.2M and A$16.0M respectively.
Key information
-108.8%
Debt to equity ratio
AU$6.40m
Debt
| Interest coverage ratio | n/a |
| Cash | AU$2.49m |
| Equity | -AU$5.88m |
| Total liabilities | AU$16.03m |
| Total assets | AU$10.16m |
Recent financial health updates
Swift Media (ASX:SW1) Is Carrying A Fair Bit Of Debt
Oct 13
Is Swift Media (ASX:SW1) A Risky Investment?
Jun 21Does Swift Media (ASX:SW1) Have A Healthy Balance Sheet?
Mar 02Recent updates
Swift Networks Group Limited (ASX:SW1) Surges 27% Yet Its Low P/S Is No Reason For Excitement
Feb 28There's No Escaping Swift Networks Group Limited's (ASX:SW1) Muted Revenues
Dec 18Swift Networks Group Limited (ASX:SW1) Held Back By Insufficient Growth Even After Shares Climb 36%
Sep 01Swift Media (ASX:SW1) Is Carrying A Fair Bit Of Debt
Oct 13Is Swift Media (ASX:SW1) A Risky Investment?
Jun 21Does Swift Media (ASX:SW1) Have A Healthy Balance Sheet?
Mar 02Read This Before Selling Swift Media Limited (ASX:SW1) Shares
Dec 29
Financial Position Analysis
Short Term Liabilities: SW1 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SW1 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SW1 has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SW1's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable SW1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SW1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 14.5% per year.