Synchronoss Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Synchronoss Technologies has a total shareholder equity of $47.8M and total debt of $186.4M, which brings its debt-to-equity ratio to 389.9%. Its total assets and total liabilities are $299.7M and $251.9M respectively. Synchronoss Technologies's EBIT is $19.9M making its interest coverage ratio 1.3. It has cash and short-term investments of $25.2M.
Key information
389.9%
Debt to equity ratio
US$186.40m
Debt
| Interest coverage ratio | 1.3x |
| Cash | US$25.23m |
| Equity | US$47.80m |
| Total liabilities | US$251.90m |
| Total assets | US$299.70m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H6K0's short term assets ($77.9M) exceed its short term liabilities ($41.6M).
Long Term Liabilities: H6K0's short term assets ($77.9M) do not cover its long term liabilities ($210.3M).
Debt to Equity History and Analysis
Debt Level: H6K0's net debt to equity ratio (337.2%) is considered high.
Reducing Debt: H6K0's debt to equity ratio has increased from 0% to 389.9% 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: Whilst unprofitable H6K0 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: H6K0 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 26.5% per year.