Syncom Formulations (India) Balance Sheet Health
Financial Health criteria checks 5/6
Syncom Formulations (India) has a total shareholder equity of ₹3.1B and total debt of ₹142.5M, which brings its debt-to-equity ratio to 4.5%. Its total assets and total liabilities are ₹3.7B and ₹588.9M respectively. Syncom Formulations (India)'s EBIT is ₹329.1M making its interest coverage ratio -13.1. It has cash and short-term investments of ₹920.1M.
Key information
4.5%
Debt to equity ratio
₹142.46m
Debt
| Interest coverage ratio | -13.1x |
| Cash | ₹920.06m |
| Equity | ₹3.14b |
| Total liabilities | ₹588.86m |
| Total assets | ₹3.72b |
Recent financial health updates
Recent updates
Does Syncom Formulations (India) (NSE:SYNCOMF) Have A Healthy Balance Sheet?
Jan 11
Getting In Cheap On Syncom Formulations (India) Limited (NSE:SYNCOMF) Is Unlikely
Dec 10Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings
Aug 30Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings
Jul 16Some Syncom Formulations (India) Limited (NSE:SYNCOMF) Shareholders Look For Exit As Shares Take 28% Pounding
Mar 21Syncom Formulations (India) Limited's (NSE:SYNCOMF) 27% Price Boost Is Out Of Tune With Earnings
Dec 29Syncom Formulations (India) Limited's (NSE:SYNCOMF) Shares Climb 26% But Its Business Is Yet to Catch Up
Dec 27Financial Position Analysis
Short Term Liabilities: SYNCOMF's short term assets (₹2.5B) exceed its short term liabilities (₹490.4M).
Long Term Liabilities: SYNCOMF's short term assets (₹2.5B) exceed its long term liabilities (₹98.5M).
Debt to Equity History and Analysis
Debt Level: SYNCOMF has more cash than its total debt.
Reducing Debt: SYNCOMF's debt to equity ratio has reduced from 6.3% to 4.5% over the past 5 years.
Debt Coverage: SYNCOMF's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SYNCOMF earns more interest than it pays, so 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 | 2025/01/10 02:45 |
| End of Day Share Price | 2025/01/10 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/03/31 |
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
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Industry and Sector Metrics
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Analyst Sources
Syncom Formulations (India) Limited is covered by 0 analysts. 0 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 |
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