Syntara Balance Sheet Health
Financial Health criteria checks 6/6
Syntara has a total shareholder equity of A$6.3M and total debt of A$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are A$13.8M and A$7.5M respectively.
Key information
0%
Debt to equity ratio
AU$0
Debt
| Interest coverage ratio | n/a |
| Cash | AU$5.69m |
| Equity | AU$6.27m |
| Total liabilities | AU$7.49m |
| Total assets | AU$13.76m |
Recent financial health updates
We're Hopeful That Pharmaxis (ASX:PXS) Will Use Its Cash Wisely
Feb 28
We Think Pharmaxis (ASX:PXS) Can Afford To Drive Business Growth
Jan 04
Recent updates
Syntara Limited's (ASX:SNT) Low P/S No Reason For Excitement
Mar 14We're Hopeful That Pharmaxis (ASX:PXS) Will Use Its Cash Wisely
Feb 28Shareholders May Not Be So Generous With Pharmaxis Ltd's (ASX:PXS) CEO Compensation And Here's Why
Oct 27Key Things To Understand About Pharmaxis' (ASX:PXS) CEO Pay Cheque
Mar 01We Think Pharmaxis (ASX:PXS) Can Afford To Drive Business Growth
Jan 04Financial Position Analysis
Short Term Liabilities: SNT's short term assets (A$12.9M) exceed its short term liabilities (A$7.4M).
Long Term Liabilities: SNT's short term assets (A$12.9M) exceed its long term liabilities (A$83.0K).
Debt to Equity History and Analysis
Debt Level: SNT is debt free.
Reducing Debt: SNT 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: SNT has sufficient cash runway for 6 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: SNT is forecast to have sufficient cash runway for 12 months based on free cash flow estimates, but has since raised additional capital.