SysGroup Balance Sheet Health
Financial Health criteria checks 4/6
SysGroup has a total shareholder equity of £20.1M and total debt of £4.7M, which brings its debt-to-equity ratio to 23.5%. Its total assets and total liabilities are £36.8M and £16.7M respectively. SysGroup's EBIT is £650.0K making its interest coverage ratio 1.4. It has cash and short-term investments of £2.0M.
Key information
23.5%
Debt to equity ratio
UK£4.72m
Debt
| Interest coverage ratio | 1.4x |
| Cash | UK£1.99m |
| Equity | UK£20.08m |
| Total liabilities | UK£16.73m |
| Total assets | UK£36.81m |
Recent financial health updates
SysGroup (LON:SYS) Has A Pretty Healthy Balance Sheet
Jun 30
These 4 Measures Indicate That SysGroup (LON:SYS) Is Using Debt Safely
Feb 04
Recent updates
Many Still Looking Away From SysGroup plc (LON:SYS)
May 07A Look At The Fair Value Of SysGroup plc (LON:SYS)
Nov 01SysGroup (LON:SYS) Has A Pretty Healthy Balance Sheet
Jun 30Estimating The Fair Value Of SysGroup plc (LON:SYS)
Apr 06These 4 Measures Indicate That SysGroup (LON:SYS) Is Using Debt Safely
Feb 04SysGroup plc's (LON:SYS) Stock Has Seen Strong Momentum: Does That Call For Deeper Study Of Its Financial Prospects?
Dec 31What We Learned About SysGroup's (LON:SYS) CEO Compensation
Nov 26Financial Position Analysis
Short Term Liabilities: SYS's short term assets (£7.6M) do not cover its short term liabilities (£10.1M).
Long Term Liabilities: SYS's short term assets (£7.6M) exceed its long term liabilities (£6.7M).
Debt to Equity History and Analysis
Debt Level: SYS's net debt to equity ratio (13.6%) is considered satisfactory.
Reducing Debt: SYS's debt to equity ratio has increased from 16.6% to 23.5% 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: Whilst unprofitable SYS has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: SYS is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 38.2% per year.