Synex Renewable Energy Balance Sheet Health
Financial Health criteria checks 0/6
Synex Renewable Energy has a total shareholder equity of CA$3.6M and total debt of CA$13.1M, which brings its debt-to-equity ratio to 363.3%. Its total assets and total liabilities are CA$19.0M and CA$15.4M respectively.
Key information
363.3%
Debt to equity ratio
CA$13.08m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$271.11k |
| Equity | CA$3.60m |
| Total liabilities | CA$15.42m |
| Total assets | CA$19.02m |
Recent financial health updates
Health Check: How Prudently Does Synex Renewable Energy (TSE:SXI) Use Debt?
Mar 14
Is Synex Renewable Energy (TSE:SXI) Using Too Much Debt?
Nov 01Is Synex Renewable Energy (TSE:SXI) Using Debt Sensibly?
Jun 10Here's Why Synex International (TSE:SXI) Has A Meaningful Debt Burden
Aug 22Is Synex International (TSE:SXI) A Risky Investment?
May 11Recent updates
Health Check: How Prudently Does Synex Renewable Energy (TSE:SXI) Use Debt?
Mar 14This Is Why Shareholders May Want To Hold Back On A Pay Rise For Synex Renewable Energy Corporation's (TSE:SXI) CEO
Nov 21Is Synex Renewable Energy (TSE:SXI) Using Too Much Debt?
Nov 01Is Synex Renewable Energy (TSE:SXI) Using Debt Sensibly?
Jun 10There Could Be A Chance Synex Renewable Energy Corporation's (TSE:SXI) CEO Will Have Their Compensation Increased
Nov 19Synex Renewable Energy's (TSE:SXI) Returns On Capital Not Reflecting Well On The Business
Feb 08Shareholders May Be A Bit More Conservative With Synex International Inc.'s (TSE:SXI) CEO Compensation For Now
Nov 18Here's Why Synex International (TSE:SXI) Has A Meaningful Debt Burden
Aug 22Is Synex International (TSE:SXI) A Risky Investment?
May 11A Look At The Intrinsic Value Of Synex International Inc. (TSE:SXI)
Mar 04Is Synex International (TSE:SXI) A Risky Investment?
Dec 29Financial Position Analysis
Short Term Liabilities: SXI's short term assets (CA$1.2M) do not cover its short term liabilities (CA$1.9M).
Long Term Liabilities: SXI's short term assets (CA$1.2M) do not cover its long term liabilities (CA$13.5M).
Debt to Equity History and Analysis
Debt Level: SXI's net debt to equity ratio (355.8%) is considered high.
Reducing Debt: SXI's debt to equity ratio has increased from 217.2% to 363.3% over the past 5 years.
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: SXI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SXI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 12.4% each year
Discover healthy companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/24 11:03 |
| End of Day Share Price | 2025/04/22 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/06/30 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
|
| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Synex Renewable Energy Corporation is covered by 0 analysts. 0 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.