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Synergia Energy Balance Sheet Health
Financial Health criteria checks 3/6
Key information
3.1%
Debt to equity ratio
AU$451.36k
Debt
| Interest coverage ratio | n/a |
| Cash | AU$4.91m |
| Equity | AU$14.58m |
| Total liabilities | AU$11.19m |
| Total assets | AU$25.78m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: SYN's short term assets (A$5.4M) exceed its short term liabilities (A$2.4M).
Long Term Liabilities: SYN's short term assets (A$5.4M) do not cover its long term liabilities (A$8.8M).
Debt to Equity History and Analysis
Debt Level: SYN has more cash than its total debt.
Reducing Debt: SYN's debt to equity ratio has increased from 0% to 3.1% over the past 5 years.
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: SYN has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: SYN has less than a year of cash runway if free cash flow continues to grow at historical rates of 23.4% each year.