SYZYGY Balance Sheet Health
Financial Health criteria checks 4/6
SYZYGY has a total shareholder equity of €55.2M and total debt of €19.5M, which brings its debt-to-equity ratio to 35.4%. Its total assets and total liabilities are €108.5M and €53.3M respectively. SYZYGY's EBIT is €6.3M making its interest coverage ratio 6.9. It has cash and short-term investments of €3.3M.
Key information
35.4%
Debt to equity ratio
€19.52m
Debt
Interest coverage ratio | 6.9x |
Cash | €3.34m |
Equity | €55.17m |
Total liabilities | €53.31m |
Total assets | €108.47m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYZd's short term assets (€25.2M) do not cover its short term liabilities (€32.9M).
Long Term Liabilities: SYZd's short term assets (€25.2M) exceed its long term liabilities (€20.5M).
Debt to Equity History and Analysis
Debt Level: SYZd's net debt to equity ratio (29.3%) is considered satisfactory.
Reducing Debt: SYZd's debt to equity ratio has increased from 9.2% to 35.4% over the past 5 years.
Debt Coverage: SYZd's debt is well covered by operating cash flow (57%).
Interest Coverage: SYZd's interest payments on its debt are well covered by EBIT (6.9x coverage).