TD SYNNEX Balance Sheet Health
Financial Health criteria checks 6/6
TD SYNNEX has a total shareholder equity of $8.2B and total debt of $4.1B, which brings its debt-to-equity ratio to 49.6%. Its total assets and total liabilities are $29.2B and $21.0B respectively. TD SYNNEX's EBIT is $1.3B making its interest coverage ratio 5.4. It has cash and short-term investments of $853.9M.
Key information
49.6%
Debt to equity ratio
US$4.05b
Debt
| Interest coverage ratio | 5.4x |
| Cash | US$853.92m |
| Equity | US$8.16b |
| Total liabilities | US$21.04b |
| Total assets | US$29.21b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SUX's short term assets ($20.1B) exceed its short term liabilities ($16.0B).
Long Term Liabilities: SUX's short term assets ($20.1B) exceed its long term liabilities ($5.1B).
Debt to Equity History and Analysis
Debt Level: SUX's net debt to equity ratio (39.2%) is considered satisfactory.
Reducing Debt: SUX's debt to equity ratio has reduced from 92.4% to 49.6% over the past 5 years.
Debt Coverage: SUX's debt is well covered by operating cash flow (21.4%).
Interest Coverage: SUX's interest payments on its debt are well covered by EBIT (5.4x coverage).