SYNLAB Balance Sheet Health
Financial Health criteria checks 4/6
SYNLAB has a total shareholder equity of €2.4B and total debt of €924.8M, which brings its debt-to-equity ratio to 39%. Its total assets and total liabilities are €4.7B and €2.3B respectively. SYNLAB's EBIT is €151.2M making its interest coverage ratio 1.8. It has cash and short-term investments of €300.5M.
Key information
39.0%
Debt to equity ratio
€924.83m
Debt
| Interest coverage ratio | 1.8x |
| Cash | €300.47m |
| Equity | €2.37b |
| Total liabilities | €2.34b |
| Total assets | €4.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0A9B's short term assets (€860.3M) exceed its short term liabilities (€693.9M).
Long Term Liabilities: 0A9B's short term assets (€860.3M) do not cover its long term liabilities (€1.6B).
Debt to Equity History and Analysis
Debt Level: 0A9B's net debt to equity ratio (26.3%) is considered satisfactory.
Reducing Debt: 0A9B's debt to equity ratio has reduced from 248.8% to 39% over the past 5 years.
Debt Coverage: 0A9B's debt is well covered by operating cash flow (45.3%).
Interest Coverage: 0A9B's interest payments on its debt are not well covered by EBIT (1.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/10/29 18:05 |
| End of Day Share Price | 2024/08/01 00:00 |
| Earnings | 2024/03/31 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
SYNLAB AG is covered by 11 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Blanka Porkolab | Barclays |
| Hassan Al-Wakeel | Barclays |
| Charlotte Friedrichs | Berenberg |