Synclayer Balance Sheet Health
Financial Health criteria checks 6/6
Synclayer has a total shareholder equity of ¥5.7B and total debt of ¥764.0M, which brings its debt-to-equity ratio to 13.4%. Its total assets and total liabilities are ¥10.7B and ¥5.0B respectively. Synclayer's EBIT is ¥547.0M making its interest coverage ratio -91.2. It has cash and short-term investments of ¥1.2B.
Key information
13.4%
Debt to equity ratio
JP¥764.00m
Debt
| Interest coverage ratio | -91.2x |
| Cash | JP¥1.18b |
| Equity | JP¥5.68b |
| Total liabilities | JP¥5.00b |
| Total assets | JP¥10.69b |
Recent financial health updates
Recent updates
We Like These Underlying Return On Capital Trends At Synclayer (TYO:1724)
Apr 14
Is It Worth Buying Synclayer Inc. (TYO:1724) For Its 1.3% Dividend Yield?
Mar 15Does Synclayer's (TYO:1724) Statutory Profit Adequately Reflect Its Underlying Profit?
Feb 22Is Synclayer (TYO:1724) Using Too Much Debt?
Feb 04
Will Synclayer's (TYO:1724) Growth In ROCE Persist?
Jan 14Be Sure To Check Out Synclayer Inc. (TYO:1724) Before It Goes Ex-Dividend
Dec 24Is Synclayer Inc. (TYO:1724) A Smart Pick For Income Investors?
Dec 03Financial Position Analysis
Short Term Liabilities: 1724's short term assets (¥7.0B) exceed its short term liabilities (¥4.1B).
Long Term Liabilities: 1724's short term assets (¥7.0B) exceed its long term liabilities (¥919.0M).
Debt to Equity History and Analysis
Debt Level: 1724 has more cash than its total debt.
Reducing Debt: 1724's debt to equity ratio has reduced from 143.2% to 13.4% over the past 5 years.
Debt Coverage: 1724's debt is well covered by operating cash flow (283%).
Interest Coverage: 1724 earns more interest than it pays, so coverage of interest payments is not a concern.