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Switch Balance Sheet Health
Financial Health criteria checks 2/6
Key information
183.5%
Debt to equity ratio
US$1.90b
Debt
| Interest coverage ratio | 3.3x |
| Cash | US$41.25m |
| Equity | US$1.03b |
| Total liabilities | US$2.27b |
| Total assets | US$3.30b |
Recent financial health updates
These 4 Measures Indicate That Switch (NYSE:SWCH) Is Using Debt Extensively
Feb 27
Here's Why Switch (NYSE:SWCH) Has A Meaningful Debt Burden
Oct 11We Think Switch (NYSE:SWCH) Is Taking Some Risk With Its Debt
Jun 23Is Switch (NYSE:SWCH) Using Too Much Debt?
Mar 09Switch (NYSE:SWCH) Has A Somewhat Strained Balance Sheet
Nov 20
Recent updates
Switch declares goes ex-dividend tomorrow
Aug 18Switch: Likely To Be Acquired But Not By Digital Realty Or Equinix
Apr 16Returns On Capital At Switch (NYSE:SWCH) Paint A Concerning Picture
Mar 21Switch (NYSE:SWCH) Has Re-Affirmed Its Dividend Of US$0.052
Feb 28These 4 Measures Indicate That Switch (NYSE:SWCH) Is Using Debt Extensively
Feb 27Switch: This Small Data Center Company Doesn't Look That Special
Jan 27Switch Has Superior Data Center Growth
Dec 14Switch (NYSE:SWCH) Is Increasing Its Dividend To US$0.052
Nov 08Switch (NYSE:SWCH) Will Want To Turn Around Its Return Trends
Nov 04Here's Why Switch (NYSE:SWCH) Has A Meaningful Debt Burden
Oct 11Switch's (NYSE:SWCH) Dividend Will Be Increased To US$0.052
Aug 09Here's Why I Think Switch (NYSE:SWCH) Might Deserve Your Attention Today
Jul 29We Think Switch (NYSE:SWCH) Is Taking Some Risk With Its Debt
Jun 23We Think Shareholders Will Probably Be Generous With Switch, Inc.'s (NYSE:SWCH) CEO Compensation
Jun 05Switch to raise $430M to fund the acquisition of Data Foundry
Jun 01Switch EPS beats by $0.02, beats on revenue
May 10Some Investors May Be Worried About Switch's (NYSE:SWCH) Returns On Capital
May 07Switch shares up on acquiring Data Foundry for $420M and preliminary Q1 results
May 03I Ran A Stock Scan For Earnings Growth And Switch (NYSE:SWCH) Passed With Ease
Apr 08Is Switch (NYSE:SWCH) Using Too Much Debt?
Mar 09Switch (NYSE:SWCH) Shareholders Have Enjoyed A 15% Share Price Gain
Feb 02Switch +4.3% as Jefferies boosts to Buy on valuation
Jan 13Has Switch (NYSE:SWCH) Got What It Takes To Become A Multi-Bagger?
Jan 13Is Switch, Inc.'s (NYSE:SWCH) 1.2% Dividend Sustainable?
Dec 08Switch (NYSE:SWCH) Has A Somewhat Strained Balance Sheet
Nov 20Switch goes ex-dividend on Monday
Nov 13Switch: How Much Longer Will Investors Deal With Disappointment?
Nov 06Financial Position Analysis
Short Term Liabilities: SWCH's short term assets ($96.9M) do not cover its short term liabilities ($261.6M).
Long Term Liabilities: SWCH's short term assets ($96.9M) do not cover its long term liabilities ($2.0B).
Debt to Equity History and Analysis
Debt Level: SWCH's net debt to equity ratio (179.5%) is considered high.
Reducing Debt: SWCH's debt to equity ratio has reduced from 488.9% to 183.5% over the past 5 years.
Debt Coverage: SWCH's debt is not well covered by operating cash flow (14.3%).
Interest Coverage: SWCH's interest payments on its debt are well covered by EBIT (3.3x coverage).