Synthomer Balance Sheet Health
Financial Health criteria checks 1/6
Synthomer has a total shareholder equity of £1.1B and total debt of £833.9M, which brings its debt-to-equity ratio to 73.1%. Its total assets and total liabilities are £2.6B and £1.5B respectively.
Key information
73.1%
Debt to equity ratio
UK£833.90m
Debt
| Interest coverage ratio | n/a |
| Cash | UK£273.30m |
| Equity | UK£1.14b |
| Total liabilities | UK£1.48b |
| Total assets | UK£2.62b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYNTL's short term assets (£904.5M) exceed its short term liabilities (£476.1M).
Long Term Liabilities: SYNTL's short term assets (£904.5M) do not cover its long term liabilities (£999.7M).
Debt to Equity History and Analysis
Debt Level: SYNTL's net debt to equity ratio (49.2%) is considered high.
Reducing Debt: SYNTL's debt to equity ratio has increased from 64.7% to 73.1% over the past 5 years.
Debt Coverage: SYNTL's debt is not well covered by operating cash flow (6.9%).
Interest Coverage: Insufficient data to determine if SYNTL's interest payments on its debt are well covered by EBIT.