Synertec Balance Sheet Health
Financial Health criteria checks 4/6
Synertec has a total shareholder equity of A$8.1M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$14.8M and A$6.6M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.30m |
| Equity | AU$8.13m |
| Total liabilities | AU$6.64m |
| Total assets | AU$14.77m |
Recent financial health updates
We're Not Very Worried About Synertec's (ASX:SOP) Cash Burn Rate
Dec 20
We're Hopeful That Synertec (ASX:SOP) Will Use Its Cash Wisely
Aug 30Synertec (ASX:SOP) Is In A Strong Position To Grow Its Business
Jul 13We're Hopeful That Synertec (ASX:SOP) Will Use Its Cash Wisely
Jan 12We're Hopeful That Synertec (ASX:SOP) Will Use Its Cash Wisely
Sep 15Recent updates
What You Can Learn From Synertec Corporation Limited's (ASX:SOP) P/S
Mar 01We're Not Very Worried About Synertec's (ASX:SOP) Cash Burn Rate
Dec 20We're Hopeful That Synertec (ASX:SOP) Will Use Its Cash Wisely
Aug 30Should You Investigate Synertec Corporation Limited (ASX:SOP) At AU$0.19?
Aug 17Synertec (ASX:SOP) Is In A Strong Position To Grow Its Business
Jul 13We're Hopeful That Synertec (ASX:SOP) Will Use Its Cash Wisely
Jan 12We're Hopeful That Synertec (ASX:SOP) Will Use Its Cash Wisely
Sep 15Does Synertec's (ASX:SOP) CEO Salary Compare Well With Industry Peers?
Feb 08
Have Synertec Corporation Limited (ASX:SOP) Insiders Been Selling Their Stock?
Dec 17Financial Position Analysis
Short Term Liabilities: SOP's short term assets (A$11.1M) exceed its short term liabilities (A$5.2M).
Long Term Liabilities: SOP's short term assets (A$11.1M) exceed its long term liabilities (A$1.5M).
Debt to Equity History and Analysis
Debt Level: SOP is debt free.
Reducing Debt: SOP had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SOP has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SOP has less than a year of cash runway if free cash flow continues to reduce at historical rates of 42.9% each year