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Swift Transportation Co (Swift Transportation Co) Equity-to-Asset : 0.28 (As of Jun. 2017)


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What is Swift Transportation Co Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Swift Transportation Co's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $715 Mil. Swift Transportation Co's Total Assets for the quarter that ended in Jun. 2017 was $2,591 Mil. Therefore, Swift Transportation Co's Equity to Asset Ratio for the quarter that ended in Jun. 2017 was 0.28.

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

SWFT's Equity-to-Asset is not ranked *
in the Transportation industry.
Industry Median: 0.49
* Ranked among companies with meaningful Equity-to-Asset only.

Swift Transportation Co Equity-to-Asset Historical Data

The historical data trend for Swift Transportation Co'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.

Swift Transportation Co Equity-to-Asset Chart

Swift Transportation Co Annual Data
Trend Dec05 Dec06 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.10 0.16 0.21 0.25

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
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 0.22 0.22 0.25 0.26 0.28

Competitive Comparison of Swift Transportation Co's Equity-to-Asset

For the Trucking subindustry, Swift Transportation Co'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.


Swift Transportation Co's Equity-to-Asset Distribution in the Transportation Industry

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

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



Swift Transportation Co 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.

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

Equity to Asset (A: Dec. 2016 )=Total Stockholders Equity/Total Assets
=672.153/2745.666
=0.24

Swift Transportation Co's Equity to Asset Ratio for the quarter that ended in Jun. 2017 is calculated as

Equity to Asset (Q: Jun. 2017 )=Total Stockholders Equity/Total Assets
=715.038/2590.688
=0.28

* 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.


Swift Transportation Co  (NYSE:SWFT) 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%.


Swift Transportation Co Equity-to-Asset Related Terms

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Swift Transportation Co (Swift Transportation Co) Business Description

Traded in Other Exchanges
N/A
Address
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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