Synectics Balance Sheet Health
Financial Health criteria checks 6/6
Synectics has a total shareholder equity of £38.9M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £57.6M and £18.7M respectively. Synectics's EBIT is £3.1M making its interest coverage ratio 30.3. It has cash and short-term investments of £4.6M.
Key information
0%
Debt to equity ratio
UK£0
Debt
Interest coverage ratio | 30.3x |
Cash | UK£4.60m |
Equity | UK£38.88m |
Total liabilities | UK£18.75m |
Total assets | UK£57.62m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNR's short term assets (£30.5M) exceed its short term liabilities (£15.6M).
Long Term Liabilities: RNR's short term assets (£30.5M) exceed its long term liabilities (£3.2M).
Debt to Equity History and Analysis
Debt Level: RNR is debt free.
Reducing Debt: RNR had no debt 5 years ago.
Debt Coverage: RNR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: RNR has no debt, therefore coverage of interest payments is not a concern.