Synthetica AD Balance Sheet Health
Financial Health criteria checks 0/6
Synthetica AD has a total shareholder equity of BGN23.2M and total debt of BGN101.9M, which brings its debt-to-equity ratio to 438.9%. Its total assets and total liabilities are BGN169.0M and BGN145.8M respectively. Synthetica AD's EBIT is BGN5.6M making its interest coverage ratio 1.2. It has cash and short-term investments of BGN11.0M.
Key information
438.9%
Debt to equity ratio
лв101.94m
Debt
Interest coverage ratio | 1.2x |
Cash | лв11.05m |
Equity | лв23.23m |
Total liabilities | лв145.82m |
Total assets | лв169.05m |
Financial Position Analysis
Short Term Liabilities: SYN's short term assets (BGN33.4M) do not cover its short term liabilities (BGN58.4M).
Long Term Liabilities: SYN's short term assets (BGN33.4M) do not cover its long term liabilities (BGN87.4M).
Debt to Equity History and Analysis
Debt Level: SYN's net debt to equity ratio (391.3%) is considered high.
Reducing Debt: SYN's debt to equity ratio has increased from 104.8% to 438.9% over the past 5 years.
Debt Coverage: SYN's debt is not well covered by operating cash flow (4.5%).
Interest Coverage: SYN's interest payments on its debt are not well covered by EBIT (1.2x coverage).