Synergia Energy Balance Sheet Health
Financial Health criteria checks 2/6
Synergia Energy has a total shareholder equity of A$11.5M and total debt of A$1.1M, which brings its debt-to-equity ratio to 9.6%. Its total assets and total liabilities are A$19.8M and A$8.3M respectively.
Key information
9.6%
Debt to equity ratio
AU$1.11m
Debt
Interest coverage ratio | n/a |
Cash | AU$1.79m |
Equity | AU$11.53m |
Total liabilities | AU$8.26m |
Total assets | AU$19.79m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYN's short term assets (A$2.3M) do not cover its short term liabilities (A$2.7M).
Long Term Liabilities: SYN's short term assets (A$2.3M) do not cover its long term liabilities (A$5.6M).
Debt to Equity History and Analysis
Debt Level: SYN has more cash than its total debt.
Reducing Debt: SYN's debt to equity ratio has reduced from 11.8% to 9.6% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: SYN has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: SYN has less than a year of cash runway if free cash flow continues to reduce at historical rates of 10.7% each year