Is The Swatch Group financially healthy?
Yes
The Swatch Group holds more cash than debt.
The numbers behind it
Net debt / EBITDANet cash
Cash vs. debtCHF 1.0B vs. CHF 37M
Current ratio9.8×Short-term assets for each CHF 1 of bills due within a year
Interest coverage40.5×How many times operating profit covers the interest bill
How we decide
We measure debt in years of earnings (net debt / EBITDA): under 1 is very comfortable, 1 to 3 is manageable, above 3 is heavy. A company that earns less than 3 times its interest bill also counts as weak.
More questions about The Swatch Group
Data as of Nov 13, 2026.