Synectics Balance Sheet Health
Financial Health criteria checks 6/6
Synectics has a total shareholder equity of £39.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £58.1M and £18.4M respectively. Synectics's EBIT is £4.5M making its interest coverage ratio 39.8. It has cash and short-term investments of £6.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 39.8x |
| Cash | UK£6.41m |
| Equity | UK£39.78m |
| Total liabilities | UK£18.36m |
| Total assets | UK£58.14m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: RNR's short term assets (£31.2M) exceed its short term liabilities (£15.4M).
Long Term Liabilities: RNR's short term assets (£31.2M) exceed its long term liabilities (£2.9M).
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.