Synthaverse Balance Sheet Health
Financial Health criteria checks 2/6
Synthaverse has a total shareholder equity of PLN113.6M and total debt of PLN78.9M, which brings its debt-to-equity ratio to 69.4%. Its total assets and total liabilities are PLN293.2M and PLN179.6M respectively. Synthaverse's EBIT is PLN5.8M making its interest coverage ratio 3.1. It has cash and short-term investments of PLN743.0K.
Key information
69.4%
Debt to equity ratio
zł78.88m
Debt
| Interest coverage ratio | 3.1x |
| Cash | zł743.00k |
| Equity | zł113.63m |
| Total liabilities | zł179.59m |
| Total assets | zł293.22m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6NQ's short term assets (PLN44.1M) exceed its short term liabilities (PLN43.8M).
Long Term Liabilities: 6NQ's short term assets (PLN44.1M) do not cover its long term liabilities (PLN135.8M).
Debt to Equity History and Analysis
Debt Level: 6NQ's net debt to equity ratio (68.8%) is considered high.
Reducing Debt: 6NQ's debt to equity ratio has increased from 28.8% to 69.4% over the past 5 years.
Debt Coverage: 6NQ's debt is not well covered by operating cash flow (8%).
Interest Coverage: 6NQ's interest payments on its debt are well covered by EBIT (3.1x coverage).