Synsam Balance Sheet Health
Financial Health criteria checks 3/6
Synsam has a total shareholder equity of SEK2.6B and total debt of SEK2.6B, which brings its debt-to-equity ratio to 99.8%. Its total assets and total liabilities are SEK8.3B and SEK5.7B respectively. Synsam's EBIT is SEK734.0M making its interest coverage ratio -9.7. It has cash and short-term investments of SEK568.0M.
Key information
99.8%
Debt to equity ratio
kr2.57b
Debt
| Interest coverage ratio | -9.7x |
| Cash | kr568.00m |
| Equity | kr2.58b |
| Total liabilities | kr5.73b |
| Total assets | kr8.31b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9FZ's short term assets (SEK2.1B) do not cover its short term liabilities (SEK2.7B).
Long Term Liabilities: 9FZ's short term assets (SEK2.1B) do not cover its long term liabilities (SEK3.1B).
Debt to Equity History and Analysis
Debt Level: 9FZ's net debt to equity ratio (77.8%) 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 (43.2%).
Interest Coverage: 9FZ earns more interest than it pays, so coverage of interest payments is not a concern.