The Swatch Group AG (The Swatch Group AG) Cash-to-Debt

: 27.29 (As of Dec. 2023)

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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. The Swatch Group AG's cash to debt ratio for the quarter that ended in Dec. 2023 was 27.29.

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. Here we can see, The Swatch Group AG could pay off its debt using the cash in hand for the quarter that ended in Dec. 2023.

The historical rank and industry rank for The Swatch Group AG's Cash-to-Debt or its related term are showing as below:

SWGNF' s Cash-to-Debt Range Over the Past 10 Years
Min: 5.51 Med: 27.04 Max: 318.13
Current: 27.29

During the past 13 years, The Swatch Group AG's highest Cash to Debt Ratio was 318.13. The lowest was 5.51. And the median was 27.04.

SWGNF's Cash-to-Debt is ranked better than
92.39% of 1104 companies
in the Retail - Cyclical industry
Industry Median: 0.47 vs SWGNF: 27.29

The Swatch Group AG Cash-to-Debt Historical Data

The historical data trend for The Swatch Group AG'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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The Swatch Group AG Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

12.09

19.68

26.78

318.10

27.29

The Swatch Group AG Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Cash-to-Debt																26.78	36.22	318.10	78.67	27.29

Competitive Comparison

For the Luxury Goods subindustry, The Swatch Group AG'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.

The Swatch Group AG Cash-to-Debt Distribution

For the Retail - Cyclical industry and Consumer Cyclical sector, The Swatch Group AG's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where The Swatch Group AG's Cash-to-Debt falls into.

The Swatch Group AG 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.

The Swatch Group AG's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 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)
	=	2367.021	/	(84.413	+	2.313)
	=	27.29

The Swatch Group AG's Cash to Debt Ratio for the quarter that ended in Dec. 2023 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)
	=	2367.021	/	(84.413	+	2.313)
	=	27.29

The Swatch Group AG (OTCPK:SWGNF) 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.

The Swatch Group AG Cash-to-Debt Related Terms

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The Swatch Group AG (The Swatch Group AG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The Swatch Group AG (OTCPK:SWGNF) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

SWGAY:USA SWGAF:USA UHRNz:UK UHRz:UK 0QJV:UK UHRA:Germany UHRN:Switzerland UHR:Switzerland

Address

Seevorstadt 6, Bienne, CHE, 2501

Website

https://www.swatchgroup.com

Swatch Group's biggest brands are Omega (number-two Swiss watch brand by sales after Rolex), Longines (the largest premium watch brand and number four by sales globally), Breguet, Tissot (the leader in midrange Swiss watches), and Swatch. Swatch group employs over 31,000 people, half of them in Switzerland. We estimate that Swatch Group makes about 30% of its sales from Omega, 17% from ultraluxury brands, 20% from Longines, 10% from Tissot, and 6% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG (The Swatch Group AG) Headlines

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