Swift Transportation Co (Swift Transportation Co) Cash-to-Debt : 0.10 (As of Jun. 2017)

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What is Swift Transportation Co Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Swift Transportation Co's cash to debt ratio for the quarter that ended in Jun. 2017 was 0.10.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Swift Transportation Co couldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2017.

The historical rank and industry rank for Swift Transportation Co's Cash-to-Debt or its related term are showing as below:

SWFT's Cash-to-Debt is not ranked ^*
in the Transportation industry.
Industry Median: 0.485
* Ranked among companies with meaningful Cash-to-Debt only.

Swift Transportation Co Cash-to-Debt Historical Data

The historical data trend for Swift Transportation Co's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Swift Transportation Co Cash-to-Debt Chart

Swift Transportation Co Annual Data

Trend

Dec05

Dec06

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Cash-to-Debt

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0.05

0.06

0.11

0.13

Swift Transportation Co Quarterly Data
	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17
Cash-to-Debt	Get a 7-Day Free Trial															0.15	0.11	0.13	0.12	0.10

Competitive Comparison of Swift Transportation Co's Cash-to-Debt

For the Trucking subindustry, Swift Transportation Co's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Swift Transportation Co's Cash-to-Debt Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Swift Transportation Co's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Swift Transportation Co's Cash-to-Debt falls into.

Swift Transportation Co Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Swift Transportation Co's Cash to Debt Ratio for the fiscal year that ended in Dec. 2016 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	112.108	/	(80.932	+	784.809)
	=	0.13

Swift Transportation Co's Cash to Debt Ratio for the quarter that ended in Jun. 2017 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	64.909	/	(48.613	+	592.916)
	=	0.10

Swift Transportation Co (NYSE:SWFT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Swift Transportation Co Cash-to-Debt Related Terms

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Swift Transportation Co (Swift Transportation Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Swift Transportation Co (NYSE:SWFT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

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Address

Website

http://www.swifttrans.com

Swift Transportation is the largest full-truckload carrier (74% of revenue) in the United States, with an effective fleet of more than 19,000 tractors across all its divisions, when including owner-operators. Following its acquisition of Central Refrigerated in 2013, it ranks among the top 10 temperature-controlled providers (8%). Swift also offers intermodal (9%), which competes with the likes of J.B. Hunt. In December 2010, Swift came public for a second time; founder Jerry Moyes had taken it private in 2007.

Swift Transportation Co (Swift Transportation Co) Headlines

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