Synectics Balance Sheet Health
Financial Health criteria checks 6/6
Synectics has a total shareholder equity of £39.8M and total debt of £0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are £58.1M and £18.4M respectively. Synectics's EBIT is £4.5M making its interest coverage ratio 39.8. It has cash and short-term investments of £6.4M.
Key information
0%
Debt to equity ratio
UK£0
Debt
| Interest coverage ratio | 39.8x |
| Cash | UK£6.41m |
| Equity | UK£39.78m |
| Total liabilities | UK£18.36m |
| Total assets | UK£58.14m |
Recent financial health updates
Synectics (LON:SNX) Is In A Strong Position To Grow Its Business
Feb 21
We Think Synectics (LON:SNX) Can Easily Afford To Drive Business Growth
Nov 04Recent updates
Synectics plc's (LON:SNX) Subdued P/E Might Signal An Opportunity
Aug 28It's Unlikely That Synectics plc's (LON:SNX) CEO Will See A Huge Pay Rise This Year
Apr 18Synectics (LON:SNX) Will Pay A Larger Dividend Than Last Year At £0.03
Apr 10Synectics (LON:SNX) Is Increasing Its Dividend To £0.03
Mar 20Synectics plc (LON:SNX) Looks Just Right With A 48% Price Jump
Dec 18These Return Metrics Don't Make Synectics (LON:SNX) Look Too Strong
Oct 10Synectics (LON:SNX) May Have Issues Allocating Its Capital
Jan 04Synectics (LON:SNX) Could Be Struggling To Allocate Capital
Jul 14Synectics (LON:SNX) Is In A Strong Position To Grow Its Business
Feb 21We Think Synectics (LON:SNX) Can Easily Afford To Drive Business Growth
Nov 04It Looks Like Synectics plc's (LON:SNX) CEO May Expect Their Salary To Be Put Under The Microscope
Apr 21Financial Position Analysis
Short Term Liabilities: SNX's short term assets (£31.2M) exceed its short term liabilities (£15.4M).
Long Term Liabilities: SNX's short term assets (£31.2M) exceed its long term liabilities (£2.9M).
Debt to Equity History and Analysis
Debt Level: SNX is debt free.
Reducing Debt: SNX had no debt 5 years ago.
Debt Coverage: SNX has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SNX has no debt, therefore coverage of interest payments is not a concern.