Synthetica AD Balance Sheet Health
Financial Health criteria checks 1/6
Synthetica AD has a total shareholder equity of BGN22.5M and total debt of BGN65.8M, which brings its debt-to-equity ratio to 292.5%. Its total assets and total liabilities are BGN133.1M and BGN110.6M respectively. Synthetica AD's EBIT is BGN4.8M making its interest coverage ratio 1.4. It has cash and short-term investments of BGN13.0M.
Key information
292.5%
Debt to equity ratio
лв65.77m
Debt
| Interest coverage ratio | 1.4x |
| Cash | лв12.99m |
| Equity | лв22.49m |
| Total liabilities | лв110.64m |
| Total assets | лв133.13m |
Recent financial health updates
No updates
Recent updates
Synthetica AD (BUL:SYN) Will Be Hoping To Turn Its Returns On Capital Around
Jun 18
Synthetica AD (BUL:SYN) May Have Issues Allocating Its Capital
Mar 24Introducing Synthetica AD (BUL:EHN), A Stock That Climbed 11% In The Last Five Years
Jan 27Is Synthetica AD's (BUL:EHN) 6.8% ROE Strong Compared To Its Industry?
Dec 17Financial Position Analysis
Short Term Liabilities: SYN's short term assets (BGN45.1M) do not cover its short term liabilities (BGN75.6M).
Long Term Liabilities: SYN's short term assets (BGN45.1M) exceed its long term liabilities (BGN35.1M).
Debt to Equity History and Analysis
Debt Level: SYN's net debt to equity ratio (234.8%) is considered high.
Reducing Debt: SYN's debt to equity ratio has increased from 144.2% to 292.5% over the past 5 years.
Debt Coverage: SYN's debt is not well covered by operating cash flow (14.8%).
Interest Coverage: SYN's interest payments on its debt are not well covered by EBIT (1.4x coverage).