Synopsys Balance Sheet Health
Financial Health criteria checks 6/6
Synopsys has a total shareholder equity of $7.7B and total debt of $15.6M, which brings its debt-to-equity ratio to 0.2%. Its total assets and total liabilities are $11.6B and $3.9B respectively. Synopsys's EBIT is $1.5B making its interest coverage ratio -48.6. It has cash and short-term investments of $2.0B.
Key information
0.2%
Debt to equity ratio
US$15.60m
Debt
| Interest coverage ratio | -48.6x |
| Cash | US$1.99b |
| Equity | US$7.75b |
| Total liabilities | US$3.90b |
| Total assets | US$11.65b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYP's short term assets ($5.1B) exceed its short term liabilities ($2.5B).
Long Term Liabilities: SYP's short term assets ($5.1B) exceed its long term liabilities ($1.4B).
Debt to Equity History and Analysis
Debt Level: SYP has more cash than its total debt.
Reducing Debt: SYP's debt to equity ratio has reduced from 3.6% to 0.2% over the past 5 years.
Debt Coverage: SYP's debt is well covered by operating cash flow (7502.2%).
Interest Coverage: SYP earns more interest than it pays, so coverage of interest payments is not a concern.