Sygnus Credit Investments Balance Sheet Health
Financial Health criteria checks 0/6
Sygnus Credit Investments has a total shareholder equity of $77.0M and total debt of $122.5M, which brings its debt-to-equity ratio to 159%. Its total assets and total liabilities are $203.4M and $126.3M respectively. Sygnus Credit Investments's EBIT is $20.8M making its interest coverage ratio 1.8. It has cash and short-term investments of $2.4M.
Key information
159.0%
Debt to equity ratio
US$122.50m
Debt
| Interest coverage ratio | 1.8x |
| Cash | US$2.38m |
| Equity | US$77.02m |
| Total liabilities | US$126.34m |
| Total assets | US$203.36m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCIJMD10.50C's short term assets ($9.5M) do not cover its short term liabilities ($12.9M).
Long Term Liabilities: SCIJMD10.50C's short term assets ($9.5M) do not cover its long term liabilities ($113.4M).
Debt to Equity History and Analysis
Debt Level: SCIJMD10.50C's net debt to equity ratio (155.9%) is considered high.
Reducing Debt: SCIJMD10.50C's debt to equity ratio has increased from 0% to 159% over the past 5 years.
Debt Coverage: SCIJMD10.50C's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SCIJMD10.50C's interest payments on its debt are not well covered by EBIT (1.8x coverage).