Synergy House Berhad Balance Sheet Health
Financial Health criteria checks 4/6
Synergy House Berhad has a total shareholder equity of MYR100.8M and total debt of MYR63.8M, which brings its debt-to-equity ratio to 63.3%. Its total assets and total liabilities are MYR220.4M and MYR119.6M respectively. Synergy House Berhad's EBIT is MYR37.4M making its interest coverage ratio 9.7. It has cash and short-term investments of MYR35.1M.
Key information
63.3%
Debt to equity ratio
RM63.77m
Debt
Interest coverage ratio | 9.7x |
Cash | RM35.05m |
Equity | RM100.82m |
Total liabilities | RM119.58m |
Total assets | RM220.40m |
Financial Position Analysis
Short Term Liabilities: SYNERGY's short term assets (MYR164.8M) exceed its short term liabilities (MYR90.5M).
Long Term Liabilities: SYNERGY's short term assets (MYR164.8M) exceed its long term liabilities (MYR29.1M).
Debt to Equity History and Analysis
Debt Level: SYNERGY's net debt to equity ratio (28.5%) 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 operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SYNERGY's interest payments on its debt are well covered by EBIT (9.7x coverage).