Synertone Communication Balance Sheet Health

Financial Health criteria checks 5/6

Synertone Communication has a total shareholder equity of HK$100.8M and total debt of HK$56.5M, which brings its debt-to-equity ratio to 56.1%. Its total assets and total liabilities are HK$221.5M and HK$120.6M respectively.

Key information

56.1%

Debt to equity ratio

HK$56.55m

Debt

Interest coverage ratio	n/a
Cash	HK$23.39m
Equity	HK$100.85m
Total liabilities	HK$120.65m
Total assets	HK$221.49m

Recent financial health updates

Recent updates

Synertone Communication (HKG:1613) Is Making Moderate Use Of Debt

Dec 02

Synertone Communication Corporation (HKG:1613) Investors Are Less Pessimistic Than Expected

Apr 20

Does Synertone Communication (HKG:1613) Have A Healthy Balance Sheet?

Jul 30

Would Synertone Communication (HKG:1613) Be Better Off With Less Debt?

Dec 23

It's Unlikely That The CEO Of Synertone Communication Corporation (HKG:1613) Will See A Huge Pay Rise This Year

Aug 20

Here's What We Learned About The CEO Pay At Synertone Communication Corporation (HKG:1613)

Jan 31

Is Synertone Communication (HKG:1613) Using Too Much Debt?

Dec 27

Need To Know: Synertone Communication Corporation (HKG:1613) Insiders Have Been Selling Shares

Nov 23

Financial Position Analysis

Short Term Liabilities: 1613's short term assets (HK$110.3M) do not cover its short term liabilities (HK$120.4M).

Long Term Liabilities: 1613's short term assets (HK$110.3M) exceed its long term liabilities (HK$215.0K).

Debt to Equity History and Analysis

Debt Level: 1613's net debt to equity ratio (32.9%) is considered satisfactory.

Reducing Debt: 1613 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.

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: 1613 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 1613 has sufficient cash runway for 1 years if free cash flow continues to reduce at historical rates of 5.5% each year.

Synertone Communication Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

Synertone Communication (HKG:1613) Is Making Moderate Use Of Debt

Does Synertone Communication (HKG:1613) Have A Healthy Balance Sheet?

Would Synertone Communication (HKG:1613) Be Better Off With Less Debt?

Is Synertone Communication (HKG:1613) Using Too Much Debt?

Recent updates

Synertone Communication Corporation Appoints Woodham Mostovaya Ekaterina as Non-Executive Director

Synertone Communication Corporation has completed a Follow-on Equity Offering in the amount of HKD 24.06 million.

Synertone Communication Corporation has filed a Follow-on Equity Offering in the amount of HKD 24.06 million.

Synertone Communication Corporation Announces Executive Changes

Chief Executive Officer recently bought HK$3.0m worth of stock

First half 2024 earnings released: HK$0.03 loss per share (vs HK$0.032 loss in 1H 2023)

Synertone Communication (HKG:1613) Is Making Moderate Use Of Debt

Synertone Communication Corporation Announces Appointment of Mr. Xu Wei as Independent Non-Executive Director

New major risk - Share price stability

Synertone Communication Corporation Announces Wong Hoi Lok Resigns as the Non-Executive Director

Synertone Communication Corporation to Report First Half, 2024 Results on Nov 30, 2023

New major risk - Market cap size

Synertone Communication Corporation Announces Resignation of Chong Alex Tin Yam as Co-Chief Executive Officer

New minor risk - Share price stability

Full year 2023 earnings released: HK$0.16 loss per share (vs HK$0.46 loss in FY 2022)

Less than half of directors are independent

Synertone Communication Corporation Appoints Wong Hoi Lok as A Non-Executive Director

Full year 2023 earnings released: HK$0.16 loss per share (vs HK$0.46 loss in FY 2022)

Synertone Communication Corporation to Report Fiscal Year 2023 Results on Jun 30, 2023

New minor risk - Financial data availability

Synertone Communication Corporation Appoints Chong Alex Tin Yam as Co-Chief Executive Officer

Synertone Communication Corporation has completed a Follow-on Equity Offering in the amount of HKD 15 million.

Synertone Communication Corporation (HKG:1613) Investors Are Less Pessimistic Than Expected

First half 2023 earnings released: HK$0.006 loss per share (vs HK$0.007 loss in 1H 2022)

Synertone Communication Corporation to Report First Half, 2023 Results on Nov 22, 2022

Full year 2022 earnings released: HK$0.091 loss per share (vs HK$0.015 loss in FY 2021)

Does Synertone Communication (HKG:1613) Have A Healthy Balance Sheet?

Full year 2022 earnings released: HK$0.091 loss per share (vs HK$0.015 loss in FY 2021)

Synertone Communication Corporation, Annual General Meeting, Aug 30, 2022

Synertone Communication Corporation Provides Group Earnings Guidance for the Year Ended March 31, 2022

Synertone Communication Corporation to Report Fiscal Year 2022 Results on Jun 28, 2022

CEO & Executive Director recently bought HK$2.0m worth of stock

CEO & Executive Director recently bought HK$2.7m worth of stock

Would Synertone Communication (HKG:1613) Be Better Off With Less Debt?

First half 2022 earnings: Revenues and EPS in line with analyst expectations

Insider recently sold HK$2.0m worth of stock

It's Unlikely That The CEO Of Synertone Communication Corporation (HKG:1613) Will See A Huge Pay Rise This Year

Full year 2021 earnings released: HK$0.015 loss per share (vs HK$0.038 loss in FY 2020)

Insider recently bought HK$2.8m worth of stock

Full year 2021 earnings released: HK$0.015 loss per share (vs HK$0.038 loss in FY 2020)

Here's What We Learned About The CEO Pay At Synertone Communication Corporation (HKG:1613)

New 90-day low: HK$0.21

Is Synertone Communication (HKG:1613) Using Too Much Debt?

First half 2021 earnings released: HK$0.008 loss per share

New 90-day low: HK$0.28

Need To Know: Synertone Communication Corporation (HKG:1613) Insiders Have Been Selling Shares

Synertone Communication Corporation to Report First Half, 2021 Results on Nov 27, 2020

New 90-day low: HK$0.28

New 90-day low: HK$0.32

New 90-day low - HK$0.34

New 90-day low - HK$0.38

New 90-day low - HK$0.46

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

Cash Runway Analysis

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