Synergy House Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Synergy House Berhad has a total shareholder equity of MYR102.1M and total debt of MYR67.4M, which brings its debt-to-equity ratio to 66.1%. Its total assets and total liabilities are MYR217.2M and MYR115.2M respectively. Synergy House Berhad's EBIT is MYR29.6M making its interest coverage ratio 9.4. It has cash and short-term investments of MYR39.8M.
Key information
66.1%
Debt to equity ratio
RM 67.42m
Debt
| Interest coverage ratio | 9.4x |
| Cash | RM 39.85m |
| Equity | RM 102.07m |
| Total liabilities | RM 115.16m |
| Total assets | RM 217.22m |
Recent financial health updates
Recent updates
Synergy House Berhad (KLSE:SYNERGY) Has A Pretty Healthy Balance Sheet
Nov 02
Market Participants Recognise Synergy House Berhad's (KLSE:SYNERGY) Earnings Pushing Shares 39% Higher
Apr 12Investors Still Aren't Entirely Convinced By Synergy House Berhad's (KLSE:SYNERGY) Earnings Despite 26% Price Jump
Oct 12Financial Position Analysis
Short Term Liabilities: SYNERGY's short term assets (MYR159.3M) exceed its short term liabilities (MYR84.9M).
Long Term Liabilities: SYNERGY's short term assets (MYR159.3M) exceed its long term liabilities (MYR30.3M).
Debt to Equity History and Analysis
Debt Level: SYNERGY's net debt to equity ratio (27%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if SYNERGY's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: SYNERGY's debt is not well covered by operating cash flow (8%).
Interest Coverage: SYNERGY's interest payments on its debt are well covered by EBIT (9.4x coverage).