Swatch Group Balance Sheet Health
Financial Health criteria checks 6/6
Swatch Group has a total shareholder equity of CHF12.2B and total debt of CHF34.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are CHF14.2B and CHF2.0B respectively. Swatch Group's EBIT is CHF709.0M making its interest coverage ratio -18.7. It has cash and short-term investments of CHF1.5B.
Key information
0.3%
Debt to equity ratio
CHF 34.00m
Debt
| Interest coverage ratio | -18.7x |
| Cash | CHF 1.47b |
| Equity | CHF 12.17b |
| Total liabilities | CHF 2.02b |
| Total assets | CHF 14.19b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SWGA.Y's short term assets (CHF10.3B) exceed its short term liabilities (CHF1.3B).
Long Term Liabilities: SWGA.Y's short term assets (CHF10.3B) exceed its long term liabilities (CHF767.0M).
Debt to Equity History and Analysis
Debt Level: SWGA.Y has more cash than its total debt.
Reducing Debt: SWGA.Y's debt to equity ratio has reduced from 4.4% to 0.3% over the past 5 years.
Debt Coverage: SWGA.Y's debt is well covered by operating cash flow (1247.1%).
Interest Coverage: SWGA.Y earns more interest than it pays, so coverage of interest payments is not a concern.