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Swiftmerge Acquisition (Swiftmerge Acquisition) Debt-to-Equity : 0.06 (As of Mar. 2024)


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What is Swiftmerge Acquisition Debt-to-Equity?

Swiftmerge Acquisition's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.60 Mil. Swiftmerge Acquisition's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Swiftmerge Acquisition's Total Stockholders Equity for the quarter that ended in Mar. 2024 was $9.94 Mil. Swiftmerge Acquisition's debt to equity for the quarter that ended in Mar. 2024 was 0.06.

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 Swiftmerge Acquisition's Debt-to-Equity or its related term are showing as below:

IVCP' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.2   Max: 0.75
Current: 0.06

During the past 3 years, the highest Debt-to-Equity Ratio of Swiftmerge Acquisition was 0.75. The lowest was 0.02. And the median was 0.20.

IVCP's Debt-to-Equity is ranked better than
69.69% of 287 companies
in the Diversified Financial Services industry
Industry Median: 0.13 vs IVCP: 0.06

Swiftmerge Acquisition Debt-to-Equity Historical Data

The historical data trend for Swiftmerge Acquisition'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.

* Premium members only.

Swiftmerge Acquisition Debt-to-Equity Chart

Swiftmerge Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-Equity
- - 0.03

Swiftmerge Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 0.02 0.03 0.06

Competitive Comparison of Swiftmerge Acquisition's Debt-to-Equity

For the Shell Companies subindustry, Swiftmerge Acquisition'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.

Swiftmerge Acquisition's Debt-to-Equity Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Swiftmerge Acquisition's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Swiftmerge Acquisition's Debt-to-Equity falls into.


Swiftmerge Acquisition Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Swiftmerge Acquisition's Debt to Equity Ratio for the fiscal year 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
=(0.6 + 0) / 21.354
=0.03

Swiftmerge Acquisition's Debt to Equity Ratio for the quarter that ended in Mar. 2024 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
=(0.6 + 0) / 9.937
=0.06

* 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.

Swiftmerge Acquisition  (NAS:IVCP) 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.

Swiftmerge Acquisition Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Swiftmerge Acquisition's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Swiftmerge Acquisition (Swiftmerge Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Swiftmerge Acquisition Corp (NAS:IVCP) » Definitions » Debt-to-Equity
Comparable Companies
DMYY BRAC IPVF TRCA APAC BACA GDST RCAC DUET ASCB PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
100 Park Royal, Executive Suite 200, West Vancouver, BC, CAN, V7T 1A2
Website
https://www.swiftmerg.com
Swiftmerge Acquisition Corp is a blank check company.
Executives
Wesley K Clark director 1 INFORMATION WAY, LITTLE ROCK AR 72202
Brett Conrad director 1312 CEDAR ST., SANTA MONICA CA 90405
Leonard Makowka director 2931 PLUMBROOK LANE, MAUMEE OH 43537
George L Jones director BORDERS GROUP, INC., 100 PHOENIX DRIVE, ANN ARBOR MI 48108
Christopher J Munyan officer: CFO C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Swiftmerge Holdings Llc 10 percent owner 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
John Bremner director, officer: CEO C/O SWIFTMERGE ACQUISITION, 2710, WEST VANCOUVER A1 V7V3A2
Lyder Courtney director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Aston Loch officer: COO and Secretary C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2
Sarah Boatman director C/O SWIFTMERGE ACQUISITION, 2710 ROSEBERY AVENUE, WEST VANCOUVER A1 V7V3A2