Syn Prop & Tech Balance Sheet Health
Financial Health criteria checks 4/6
Syn Prop & Tech has a total shareholder equity of R$2.5B and total debt of R$1.2B, which brings its debt-to-equity ratio to 50.1%. Its total assets and total liabilities are R$3.8B and R$1.3B respectively. Syn Prop & Tech's EBIT is R$833.2M making its interest coverage ratio 6.4. It has cash and short-term investments of R$680.5M.
Key information
50.1%
Debt to equity ratio
R$1.24b
Debt
| Interest coverage ratio | 6.4x |
| Cash | R$680.53m |
| Equity | R$2.49b |
| Total liabilities | R$1.31b |
| Total assets | R$3.80b |
Recent financial health updates
Syn Prop & Tech (BVMF:SYNE3) Seems To Use Debt Rather Sparingly
Oct 19
Does Syn Prop & Tech (BVMF:SYNE3) Have A Healthy Balance Sheet?
Nov 02Is SYN prop e tech (BVMF:SYNE3) Using Too Much Debt?
Apr 17These 4 Measures Indicate That SYN prop e tech (BVMF:SYNE3) Is Using Debt Reasonably Well
Jun 15SYN prop e tech (BVMF:SYNE3) Has A Somewhat Strained Balance Sheet
Dec 04Here's Why Cyrela Commercial Properties (BVMF:CCPR3) Has A Meaningful Debt Burden
May 20Recent updates
Syn Prop & Tech (BVMF:SYNE3) Seems To Use Debt Rather Sparingly
Oct 19Additional Considerations Required While Assessing Syn Prop & Tech's (BVMF:SYNE3) Strong Earnings
Aug 26There's Reason For Concern Over Syn Prop & Tech S.A.'s (BVMF:SYNE3) Massive 85% Price Jump
Feb 28Does Syn Prop & Tech (BVMF:SYNE3) Have A Healthy Balance Sheet?
Nov 02Is SYN prop e tech (BVMF:SYNE3) Using Too Much Debt?
Apr 17What Does SYN prop e tech S.A.'s (BVMF:SYNE3) Share Price Indicate?
Oct 06These 4 Measures Indicate That SYN prop e tech (BVMF:SYNE3) Is Using Debt Reasonably Well
Jun 15Is Now An Opportune Moment To Examine SYN prop e tech S.A. (BVMF:SYNE3)?
Mar 06SYN prop e tech (BVMF:SYNE3) Has A Somewhat Strained Balance Sheet
Dec 04Is Now An Opportune Moment To Examine SYN prop e tech S.A. (BVMF:SYNE3)?
Nov 04At R$13.15, Is It Time To Put Cyrela Commercial Properties S.A. (BVMF:CCPR3) On Your Watch List?
Jun 11Here's Why Cyrela Commercial Properties (BVMF:CCPR3) Has A Meaningful Debt Burden
May 20Factors Income Investors Should Consider Before Adding Cyrela Commercial Properties S.A. (BVMF:CCPR3) To Their Portfolio
Apr 20Cyrela Commercial Properties S.A.'s (BVMF:CCPR3) Share Price Matching Investor Opinion
Mar 16What Type Of Returns Would Cyrela Commercial Properties'(BVMF:CCPR3) Shareholders Have Earned If They Purchased Their SharesYear Ago?
Feb 25Is Cyrela Commercial Properties (BVMF:CCPR3) Using Too Much Debt?
Feb 08At R$12.50, Is Cyrela Commercial Properties S.A. (BVMF:CCPR3) Worth Looking At Closely?
Jan 12
Cyrela Commercial Properties S.A.'s (BVMF:CCPR3) Stock Has Shown Weakness Lately But Financial Prospects Look Decent: Is The Market Wrong?
Dec 16Cyrela Commercial Properties (BVMF:CCPR3) Has Gifted Shareholders With A Fantastic 102% Total Return On Their Investment
Nov 20Financial Position Analysis
Short Term Liabilities: SYNE3's short term assets (R$1.2B) exceed its short term liabilities (R$103.3M).
Long Term Liabilities: SYNE3's short term assets (R$1.2B) do not cover its long term liabilities (R$1.2B).
Debt to Equity History and Analysis
Debt Level: SYNE3's net debt to equity ratio (22.7%) is considered satisfactory.
Reducing Debt: SYNE3's debt to equity ratio has reduced from 95.9% to 50.1% over the past 5 years.
Debt Coverage: SYNE3's debt is not well covered by operating cash flow (9.2%).
Interest Coverage: SYNE3's interest payments on its debt are well covered by EBIT (6.4x coverage).