Synsam Balance Sheet Health
Financial Health criteria checks 3/6
Synsam has a total shareholder equity of SEK2.5B and total debt of SEK2.6B, which brings its debt-to-equity ratio to 103.3%. Its total assets and total liabilities are SEK8.2B and SEK5.7B respectively. Synsam's EBIT is SEK788.0M making its interest coverage ratio -11.9. It has cash and short-term investments of SEK543.0M.
Key information
103.3%
Debt to equity ratio
SEK 2.56b
Debt
| Interest coverage ratio | -11.9x |
| Cash | SEK 543.00m |
| Equity | SEK 2.48b |
| Total liabilities | SEK 5.74b |
| Total assets | SEK 8.22b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9FZ's short term assets (SEK2.0B) do not cover its short term liabilities (SEK2.7B).
Long Term Liabilities: 9FZ's short term assets (SEK2.0B) do not cover its long term liabilities (SEK3.0B).
Debt to Equity History and Analysis
Debt Level: 9FZ's net debt to equity ratio (81.4%) is considered high.
Reducing Debt: 9FZ had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: 9FZ's debt is well covered by operating cash flow (45.3%).
Interest Coverage: 9FZ earns more interest than it pays, so coverage of interest payments is not a concern.