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The Swatch Group AG (LTS:0QM4) Equity-to-Asset : 0.85 (As of Jun. 2024)


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What is The Swatch Group AG Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. The Swatch Group AG's Total Stockholders Equity for the quarter that ended in Jun. 2024 was CHF12,109 Mil. The Swatch Group AG's Total Assets for the quarter that ended in Jun. 2024 was CHF14,186 Mil. Therefore, The Swatch Group AG's Equity to Asset Ratio for the quarter that ended in Jun. 2024 was 0.85.

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

LTS:0QM4' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.81   Med: 0.84   Max: 0.86
Current: 0.85

During the past 13 years, the highest Equity to Asset Ratio of The Swatch Group AG was 0.86. The lowest was 0.81. And the median was 0.84.

LTS:0QM4's Equity-to-Asset is ranked better than
94.02% of 1121 companies
in the Retail - Cyclical industry
Industry Median: 0.44 vs LTS:0QM4: 0.85

The Swatch Group AG Equity-to-Asset Historical Data

The historical data trend for The Swatch Group AG's Equity-to-Asset 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.

The Swatch Group AG Equity-to-Asset Chart

The Swatch Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.85 0.84 0.86 0.86

The Swatch Group AG Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.86 0.86 0.86 0.85

Competitive Comparison of The Swatch Group AG's Equity-to-Asset

For the Luxury Goods subindustry, The Swatch Group AG's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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's Equity-to-Asset Distribution in the Retail - Cyclical Industry

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

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



The Swatch Group AG Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

The Swatch Group AG's Equity to Asset Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Equity to Asset (A: Dec. 2023 )=Total Stockholders Equity/Total Assets
=12197/14229
=0.86

The Swatch Group AG's Equity to Asset Ratio for the quarter that ended in Jun. 2024 is calculated as

Equity to Asset (Q: Jun. 2024 )=Total Stockholders Equity/Total Assets
=12109/14186
=0.85

* 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.


The Swatch Group AG  (LTS:0QM4) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


The Swatch Group AG Equity-to-Asset Related Terms

Thank you for viewing the detailed overview of The Swatch Group AG's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


The Swatch Group AG Business Description

Address
Seevorstadt 6, P.O Box 1232, Bienne, CHE, 2501
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 33,000 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, 9% from Tissot, and 8% from Swatch. We estimate Omega and Longines to be the group's most profitable brands.

The Swatch Group AG Headlines

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