Synergy Innovation Balance Sheet Health
Financial Health criteria checks 6/6
Synergy Innovation has a total shareholder equity of ₩229.0B and total debt of ₩30.1B, which brings its debt-to-equity ratio to 13.2%. Its total assets and total liabilities are ₩299.0B and ₩70.0B respectively. Synergy Innovation's EBIT is ₩17.4B making its interest coverage ratio 69.7. It has cash and short-term investments of ₩94.8B.
Key information
13.2%
Debt to equity ratio
₩30.14b
Debt
| Interest coverage ratio | 69.7x |
| Cash | ₩94.83b |
| Equity | ₩229.03b |
| Total liabilities | ₩70.01b |
| Total assets | ₩299.04b |
Recent financial health updates
Recent updates
We Think You Can Look Beyond Synergy Innovation's (KOSDAQ:048870) Lackluster Earnings
Nov 20
Earnings Not Telling The Story For Synergy Innovation Co., Ltd. (KOSDAQ:048870) After Shares Rise 28%
Sep 09Synergy Innovation Co., Ltd.'s (KOSDAQ:048870) Shares Climb 32% But Its Business Is Yet to Catch Up
Jul 22Synergy Innovation Co., Ltd.'s (KOSDAQ:048870) Shares Climb 32% But Its Business Is Yet to Catch Up
Jul 22Investors Can Find Comfort In Synergy Innovation's (KOSDAQ:048870) Earnings Quality
Mar 31A Look At The Intrinsic Value Of Synergy Innovation Co., Ltd. (KOSDAQ:048870)
May 03There's Been No Shortage Of Growth Recently For Synergy Innovation's (KOSDAQ:048870) Returns On Capital
Apr 07Is Synergy Innovation Co., Ltd.'s (KOSDAQ:048870) Shareholder Ownership Skewed Towards Insiders?
Mar 11Investors Who Bought Synergy Innovation (KOSDAQ:048870) Shares A Year Ago Are Now Up 76%
Feb 13Is Synergy Innovation (KOSDAQ:048870) Using Too Much Debt?
Jan 17Here’s What’s Happening With Returns At Synergy Innovation (KOSDAQ:048870)
Dec 22Is Synergy Innovation Co., Ltd.'s (KOSDAQ:048870) Shareholder Ownership Skewed Towards Insiders?
Nov 26Financial Position Analysis
Short Term Liabilities: A048870's short term assets (₩137.5B) exceed its short term liabilities (₩68.4B).
Long Term Liabilities: A048870's short term assets (₩137.5B) exceed its long term liabilities (₩1.6B).
Debt to Equity History and Analysis
Debt Level: A048870 has more cash than its total debt.
Reducing Debt: A048870's debt to equity ratio has reduced from 33% to 13.2% over the past 5 years.
Debt Coverage: A048870's debt is well covered by operating cash flow (65.7%).
Interest Coverage: A048870's interest payments on its debt are well covered by EBIT (69.7x coverage).