Sylogist Balance Sheet Health
Financial Health criteria checks 3/6
Sylogist has a total shareholder equity of CA$37.6M and total debt of CA$17.2M, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are CA$96.6M and CA$59.0M respectively. Sylogist's EBIT is CA$5.7M making its interest coverage ratio 3. It has cash and short-term investments of CA$11.6M.
Key information
45.8%
Debt to equity ratio
CA$17.21m
Debt
Interest coverage ratio | 3x |
Cash | CA$11.61m |
Equity | CA$37.60m |
Total liabilities | CA$58.98m |
Total assets | CA$96.58m |
Recent financial health updates
We Think Sylogist (TSE:SYZ) Can Stay On Top Of Its Debt
May 04These 4 Measures Indicate That Sylogist (TSE:SYZ) Is Using Debt Reasonably Well
Oct 20Recent updates
Pinning Down Sylogist Ltd.'s (TSE:SYZ) P/S Is Difficult Right Now
Feb 03Sylogist (TSE:SYZ) Could Be Struggling To Allocate Capital
Jun 08Sylogist (TSE:SYZ) Is Reinvesting At Lower Rates Of Return
Feb 04Is Sylogist Ltd. (TSE:SYZ) Trading At A 29% Discount?
Dec 05Should You Investigate Sylogist Ltd. (TSE:SYZ) At CA$4.76?
Nov 17Sylogist (TSE:SYZ) Is Paying Out A Dividend Of CA$0.125
Aug 29What Is Sylogist Ltd.'s (TSE:SYZ) Share Price Doing?
Jul 16Sylogist (TSE:SYZ) Will Pay A Dividend Of CA$0.13
May 29We Think Sylogist (TSE:SYZ) Can Stay On Top Of Its Debt
May 04Sylogist Ltd. (TSE:SYZ) Shares Could Be 41% Below Their Intrinsic Value Estimate
Mar 27Estimating The Intrinsic Value Of Sylogist Ltd. (TSE:SYZ)
Dec 16Sylogist (TSE:SYZ) Has Affirmed Its Dividend Of CA$0.13
Nov 25These 4 Measures Indicate That Sylogist (TSE:SYZ) Is Using Debt Reasonably Well
Oct 20Sylogist (TSE:SYZ) Knows How To Allocate Capital Effectively
Apr 20How Much Are Sylogist Ltd. (CVE:SYZ) Insiders Taking Off The Table?
Mar 08Three Days Left Until Sylogist Ltd. (CVE:SYZ) Trades Ex-Dividend
Feb 21How Much Of Sylogist Ltd. (CVE:SYZ) Do Insiders Own?
Feb 12Financial Position Analysis
Short Term Liabilities: SYZ's short term assets (CA$26.3M) do not cover its short term liabilities (CA$48.7M).
Long Term Liabilities: SYZ's short term assets (CA$26.3M) exceed its long term liabilities (CA$10.3M).
Debt to Equity History and Analysis
Debt Level: SYZ's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: SYZ's debt to equity ratio has increased from 0% to 45.8% over the past 5 years.
Debt Coverage: SYZ's debt is well covered by operating cash flow (68.4%).
Interest Coverage: SYZ's interest payments on its debt are not well covered by EBIT (3x coverage).