Synergie Balance Sheet Health
Financial Health criteria checks 6/6
Synergie has a total shareholder equity of €659.3M and total debt of €44.0M, which brings its debt-to-equity ratio to 6.7%. Its total assets and total liabilities are €1.5B and €791.7M respectively. Synergie's EBIT is €116.1M making its interest coverage ratio -146. It has cash and short-term investments of €394.0M.
Key information
6.7%
Debt to equity ratio
€43.97m
Debt
Interest coverage ratio | -146x |
Cash | €393.95m |
Equity | €659.26m |
Total liabilities | €791.66m |
Total assets | €1.45b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0HDQ's short term assets (€1.1B) exceed its short term liabilities (€706.4M).
Long Term Liabilities: 0HDQ's short term assets (€1.1B) exceed its long term liabilities (€85.3M).
Debt to Equity History and Analysis
Debt Level: 0HDQ has more cash than its total debt.
Reducing Debt: 0HDQ's debt to equity ratio has reduced from 15.3% to 6.7% over the past 5 years.
Debt Coverage: 0HDQ's debt is well covered by operating cash flow (239.3%).
Interest Coverage: 0HDQ earns more interest than it pays, so coverage of interest payments is not a concern.