Synex Renewable Energy Balance Sheet Health
Financial Health criteria checks 0/6
Synex Renewable Energy has a total shareholder equity of CA$3.8M and total debt of CA$13.6M, which brings its debt-to-equity ratio to 354.4%. Its total assets and total liabilities are CA$19.5M and CA$15.6M respectively.
Key information
354.4%
Debt to equity ratio
CA$13.58m
Debt
| Interest coverage ratio | n/a |
| Cash | CA$384.60k |
| Equity | CA$3.83m |
| Total liabilities | CA$15.63m |
| Total assets | CA$19.47m |
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 11Is Synex International (TSE:SXI) A Risky Investment?
Dec 29Recent 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$957.7K) do not cover its short term liabilities (CA$1.6M).
Long Term Liabilities: SXI's short term assets (CA$957.7K) do not cover its long term liabilities (CA$14.0M).
Debt to Equity History and Analysis
Debt Level: SXI's net debt to equity ratio (344.3%) is considered high.
Reducing Debt: SXI's debt to equity ratio has increased from 90.9% to 354.4% 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 4.6% each year