SWMBRD Sports (XCNQ:SWIM) LT-Debt-to-Total-Asset: 0.00 (As of Nov. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is SWMBRD Sports LT-Debt-to-Total-Asset?

SWMBRD Sports XCNQ:SWIM LT-Debt-to-Total-Asset is 0.00 as of Nov. 2023.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. SWMBRD Sports's long-term debt to total assests ratio for the quarter that ended in Nov. 2023 was 0.00.

SWMBRD Sports's long-term debt to total assets ratio stayed the same from Nov. 2022 (0.00) to Nov. 2023 (0.00).

SWMBRD Sports  (XCNQ:SWIM) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

SWMBRD Sports LT-Debt-to-Total-Asset Related Terms

SWMBRD Sports LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for SWMBRD Sports's LT-Debt-to-Total-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.

SWMBRD Sports LT-Debt-to-Total-Asset Chart

SWMBRD Sports Annual Data
Trend Feb21 Feb22 Feb23
LT-Debt-to-Total-Asset
0.00 0.00 0.00

SWMBRD Sports Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
LT-Debt-to-Total-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SWMBRD Sports LT-Debt-to-Total-Asset Calculation

SWMBRD Sports's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Feb. 2023 is calculated as

LT Debt to Total Assets (A: Feb. 2023 )=Long-Term Debt & Capital Lease Obligation (A: Feb. 2023 )/Total Assets (A: Feb. 2023 )
=0/0.498
=

SWMBRD Sports's Long-Term Debt to Total Asset Ratio for the quarter that ended in Nov. 2023 is calculated as

LT Debt to Total Assets (Q: Nov. 2023 )=Long-Term Debt & Capital Lease Obligation (Q: Nov. 2023 )/Total Assets (Q: Nov. 2023 )
=0/0.339
=0.00

* 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.

Frequently Asked Questions Learn more about LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.00 mean?
SWMBRD Sports (XCNQ:SWIM) has a LT-Debt-to-Total-Asset of 0.00 as of Nov. 2023. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on SWMBRD Sports and its competitors.
Is SWMBRD Sports' LT-Debt-to-Total-Asset too high?
SWMBRD Sports' current LT-Debt-to-Total-Asset is 0.00.
How does SWMBRD Sports' LT-Debt-to-Total-Asset compare to MAT and HAS?
SWMBRD Sports' LT-Debt-to-Total-Asset of 0.00 can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for a Travel & Leisure company?
A good LT-Debt-to-Total-Asset depends on the Travel & Leisure industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on SWMBRD Sports and its competitors. SWMBRD Sports's current LT-Debt-to-Total-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SWMBRD Sports stock overvalued right now?
SWMBRD Sports (XCNQ:SWIM) has a current LT-Debt-to-Total-Asset of 0.00. The current LT-Debt-to-Total-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For SWMBRD Sports (XCNQ:SWIM), the current LT-Debt-to-Total-Asset is 0.00 as of Nov. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SWMBRD Sports Business Description

Address 777 Hornby Street, Suite 900, Vancouver, BC, CAN, V6Z 1S4
SWMBRD Sports Inc is a sporting goods company focused on developing, manufacturing, marketing, and selling aquatic sports products in the sporting goods and outdoor recreation industries.