Synthaverse Balance Sheet Health
Financial Health criteria checks 1/6
Synthaverse has a total shareholder equity of PLN113.8M and total debt of PLN76.3M, which brings its debt-to-equity ratio to 67.1%. Its total assets and total liabilities are PLN290.3M and PLN176.6M respectively. Synthaverse's EBIT is PLN8.9M making its interest coverage ratio 4.8. It has cash and short-term investments of PLN3.0M.
Key information
67.1%
Debt to equity ratio
zł76.28m
Debt
| Interest coverage ratio | 4.8x |
| Cash | zł2.98m |
| Equity | zł113.76m |
| Total liabilities | zł176.57m |
| Total assets | zł290.33m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 6NQ's short term assets (PLN39.5M) do not cover its short term liabilities (PLN41.9M).
Long Term Liabilities: 6NQ's short term assets (PLN39.5M) do not cover its long term liabilities (PLN134.6M).
Debt to Equity History and Analysis
Debt Level: 6NQ's net debt to equity ratio (64.4%) is considered high.
Reducing Debt: 6NQ's debt to equity ratio has increased from 22.3% to 67.1% over the past 5 years.
Debt Coverage: 6NQ's debt is not well covered by operating cash flow (19.1%).
Interest Coverage: 6NQ's interest payments on its debt are well covered by EBIT (4.8x coverage).