Syngene International Balance Sheet Health
Financial Health criteria checks 6/6
Syngene International has a total shareholder equity of ₹44.0B and total debt of ₹1.6B, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are ₹61.4B and ₹17.4B respectively. Syngene International's EBIT is ₹5.5B making its interest coverage ratio -19.9. It has cash and short-term investments of ₹10.2B.
Key information
3.6%
Debt to equity ratio
₹1.59b
Debt
| Interest coverage ratio | -19.9x |
| Cash | ₹10.23b |
| Equity | ₹43.96b |
| Total liabilities | ₹17.41b |
| Total assets | ₹61.36b |
Recent financial health updates
These 4 Measures Indicate That Syngene International (NSE:SYNGENE) Is Using Debt Safely
Mar 28
Is Syngene International (NSE:SYNGENE) A Risky Investment?
Nov 19Syngene International (NSE:SYNGENE) Seems To Use Debt Rather Sparingly
Aug 07These 4 Measures Indicate That Syngene International (NSE:SYNGENE) Is Using Debt Safely
Apr 28Syngene International (NSE:SYNGENE) Has A Pretty Healthy Balance Sheet
Dec 08Is Syngene International (NSE:SYNGENE) Using Too Much Debt?
Aug 28Recent updates
Why Syngene International's (NSE:SYNGENE) Shaky Earnings Are Just The Beginning Of Its Problems
Oct 31Syngene International Limited's (NSE:SYNGENE) Popularity With Investors Is Under Threat From Overpricing
Jul 16These 4 Measures Indicate That Syngene International (NSE:SYNGENE) Is Using Debt Safely
Mar 28Do Syngene International's (NSE:SYNGENE) Earnings Warrant Your Attention?
Feb 14Earnings Not Telling The Story For Syngene International Limited (NSE:SYNGENE)
Jan 19Is Syngene International (NSE:SYNGENE) A Risky Investment?
Nov 19Is Now The Time To Put Syngene International (NSE:SYNGENE) On Your Watchlist?
Nov 01Syngene International (NSE:SYNGENE) Seems To Use Debt Rather Sparingly
Aug 07These 4 Measures Indicate That Syngene International (NSE:SYNGENE) Is Using Debt Safely
Apr 28Here's Why We Think Syngene International (NSE:SYNGENE) Is Well Worth Watching
Apr 06Does Syngene International (NSE:SYNGENE) Deserve A Spot On Your Watchlist?
Jan 04Syngene International (NSE:SYNGENE) Has A Pretty Healthy Balance Sheet
Dec 08Is Syngene International (NSE:SYNGENE) Using Too Much Debt?
Aug 28Syngene International Limited (NSE:SYNGENE) Shares Could Be 22% Above Their Intrinsic Value Estimate
Aug 10These 4 Measures Indicate That Syngene International (NSE:SYNGENE) Is Using Debt Reasonably Well
May 10Does Syngene International (NSE:SYNGENE) Have A Healthy Balance Sheet?
Feb 02Financial Position Analysis
Short Term Liabilities: SYNGENE's short term assets (₹18.8B) exceed its short term liabilities (₹9.4B).
Long Term Liabilities: SYNGENE's short term assets (₹18.8B) exceed its long term liabilities (₹8.0B).
Debt to Equity History and Analysis
Debt Level: SYNGENE has more cash than its total debt.
Reducing Debt: SYNGENE's debt to equity ratio has reduced from 50.5% to 3.6% over the past 5 years.
Debt Coverage: SYNGENE's debt is well covered by operating cash flow (602.3%).
Interest Coverage: SYNGENE earns more interest than it pays, so coverage of interest payments is not a concern.