• Swatch Group AG average debt/equity ratio for 2011-12-31 was 0, a 0% decline from 2012-06-30.
• Swatch Group AG average debt/equity ratio for 2012-06-30 was 0, a 0% decline from 2012-12-31.
• Swatch Group AG average debt/equity ratio for 2012-12-31 was 0, a 0% decline from 2013-06-30.

Debt/equity ratio can be defined as a measure of a company's financial leverage calculated by dividing its long-term debt by stockholders' equity.