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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/18 04:23 |
| End of Day Share Price | 2024/12/18 00:00 |
| Earnings | 2024/05/31 |
| Annual Earnings | 2023/11/30 |
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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
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
Synectics plc is covered by 4 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 |
|---|---|
| Duncan Stuart Hall | Cavendish |
| Greig Aitken | Nplus1 Brewin |
| Robert Sanders | Shore Capital Group Ltd |