Synopsys Balance Sheet Health
Financial Health criteria checks 6/6
Synopsys has a total shareholder equity of $6.7B and total debt of $17.0M, which brings its debt-to-equity ratio to 0.3%. Its total assets and total liabilities are $10.6B and $3.9B respectively. Synopsys's EBIT is $1.4B making its interest coverage ratio -34.6. It has cash and short-term investments of $1.3B.
Key information
0.3%
Debt to equity ratio
US$16.95m
Debt
Interest coverage ratio | -34.6x |
Cash | US$1.27b |
Equity | US$6.71b |
Total liabilities | US$3.85b |
Total assets | US$10.56b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYNP's short term assets ($3.4B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: SYNP's short term assets ($3.4B) exceed its long term liabilities ($1.2B).
Debt to Equity History and Analysis
Debt Level: SYNP has more cash than its total debt.
Reducing Debt: SYNP's debt to equity ratio has reduced from 14.3% to 0.3% over the past 5 years.
Debt Coverage: SYNP's debt is well covered by operating cash flow (8853.4%).
Interest Coverage: SYNP earns more interest than it pays, so coverage of interest payments is not a concern.