Swift Networks Group (ASX:SW1) Debt-to-Equity : -1.20 (As of Dec. 2023)

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What is Swift Networks Group Debt-to-Equity?

Swift Networks Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.20 Mil. Swift Networks Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$6.87 Mil. Swift Networks Group's Total Stockholders Equity for the quarter that ended in Dec. 2023 was A$-5.88 Mil. Swift Networks Group's debt to equity for the quarter that ended in Dec. 2023 was -1.20.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Swift Networks Group's Debt-to-Equity or its related term are showing as below:

ASX:SW1' s Debt-to-Equity Range Over the Past 10 Years
Min: -14.79 Med: -0.48 Max: 19.69
Current: -1.2

During the past 13 years, the highest Debt-to-Equity Ratio of Swift Networks Group was 19.69. The lowest was -14.79. And the median was -0.48.

ASX:SW1's Debt-to-Equity is not ranked
in the Media - Diversified industry.
Industry Median: 0.29 vs ASX:SW1: -1.20

Swift Networks Group Debt-to-Equity Historical Data

The historical data trend for Swift Networks Group's Debt-to-Equity 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.

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Swift Networks Group Debt-to-Equity Chart

Swift Networks Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Debt-to-Equity

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0.53

-14.79

19.69

-2.80

-1.26

Swift Networks Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															-3.76	-2.80	-2.14	-1.26	-1.20

Competitive Comparison of Swift Networks Group's Debt-to-Equity

For the Entertainment subindustry, Swift Networks Group's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Networks Group's Debt-to-Equity Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Swift Networks Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Swift Networks Group's Debt-to-Equity falls into.

Swift Networks Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Swift Networks Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.192	+	6.995)	/	-5.711
	=	-1.26

Swift Networks Group's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.203	+	6.871)	/	-5.878
	=	-1.20

Swift Networks Group (ASX:SW1) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Swift Networks Group Debt-to-Equity Related Terms

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Swift Networks Group (ASX:SW1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Swift Networks Group Ltd (ASX:SW1) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1060 Hay Street, West Perth, Perth, WA, AUS, 6005

Website

https://www.swiftnetworks.com.au

Swift Networks Group Ltd is a provision of content and communications on television screens for out-of-home environments. Its sector includes Mining and Resources, Aged Care, Retirement, and Lifestyle Government. It operates only one reporting segment in the digital entertainment and service sector.

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