Synchronoss Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Synchronoss Technologies has a total shareholder equity of $95.3M and total debt of $136.6M, which brings its debt-to-equity ratio to 143.4%. Its total assets and total liabilities are $298.5M and $203.2M respectively. Synchronoss Technologies's EBIT is $1.3M making its interest coverage ratio 0.1. It has cash and short-term investments of $19.1M.
Key information
143.4%
Debt to equity ratio
US$136.65m
Debt
Interest coverage ratio | 0.09x |
Cash | US$19.10m |
Equity | US$95.26m |
Total liabilities | US$203.24m |
Total assets | US$298.50m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: H6K0's short term assets ($73.9M) exceed its short term liabilities ($39.9M).
Long Term Liabilities: H6K0's short term assets ($73.9M) do not cover its long term liabilities ($163.3M).
Debt to Equity History and Analysis
Debt Level: H6K0's net debt to equity ratio (123.4%) is considered high.
Reducing Debt: H6K0's debt to equity ratio has increased from 27.1% to 143.4% 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: H6K0 has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: H6K0 has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 33.7% each year