Synergy Innovation Balance Sheet Health
Financial Health criteria checks 6/6
Synergy Innovation has a total shareholder equity of ₩230.7B and total debt of ₩29.5B, which brings its debt-to-equity ratio to 12.8%. Its total assets and total liabilities are ₩302.2B and ₩71.6B respectively. Synergy Innovation's EBIT is ₩15.8B making its interest coverage ratio -277.8. It has cash and short-term investments of ₩90.1B.
Key information
12.8%
Debt to equity ratio
₩29.54b
Debt
| Interest coverage ratio | -277.8x |
| Cash | ₩90.15b |
| Equity | ₩230.67b |
| Total liabilities | ₩71.57b |
| Total assets | ₩302.23b |
Recent financial health updates
Recent updates
Synergy Innovation Co., Ltd.'s (KOSDAQ:048870) Shares Climb 32% But Its Business Is Yet to Catch Up
Jul 22
Synergy 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 (₩135.6B) exceed its short term liabilities (₩67.1B).
Long Term Liabilities: A048870's short term assets (₩135.6B) exceed its long term liabilities (₩4.4B).
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 38.3% to 12.8% over the past 5 years.
Debt Coverage: A048870's debt is well covered by operating cash flow (111.4%).
Interest Coverage: A048870 earns more interest than it pays, so coverage of interest payments is not a concern.