Synsam Balance Sheet Health
Financial Health criteria checks 3/6
Synsam has a total shareholder equity of SEK2.5B and total debt of SEK2.6B, which brings its debt-to-equity ratio to 102.1%. Its total assets and total liabilities are SEK8.1B and SEK5.6B respectively. Synsam's EBIT is SEK795.0M making its interest coverage ratio -198.8. It has cash and short-term investments of SEK567.0M.
Key information
102.1%
Debt to equity ratio
SEK 2.56b
Debt
| Interest coverage ratio | -198.8x |
| Cash | SEK 567.00m |
| Equity | SEK 2.51b |
| Total liabilities | SEK 5.64b |
| Total assets | SEK 8.14b |
Recent financial health updates
Recent updates
Investors Holding Back On Synsam AB (publ) (STO:SYNSAM)
Nov 07
Synsam's (STO:SYNSAM) Strong Earnings Are Of Good Quality
Aug 31We Like These Underlying Return On Capital Trends At Synsam (STO:SYNSAM)
Aug 06Does Synsam (STO:SYNSAM) Deserve A Spot On Your Watchlist?
Jun 01Synsam (STO:SYNSAM) Has Announced That It Will Be Increasing Its Dividend To SEK1.80
Apr 25Is Synsam (STO:SYNSAM) A Risky Investment?
Apr 20Synsam (STO:SYNSAM) Will Pay A Larger Dividend Than Last Year At SEK1.80
Mar 09Getting In Cheap On Synsam AB (publ) (STO:SYNSAM) Might Be Difficult
Feb 23Investors Will Want Synsam's (STO:SYNSAM) Growth In ROCE To Persist
Jan 13Synsam (STO:SYNSAM) Will Pay A Dividend Of SEK1.70
Apr 19Synsam (STO:SYNSAM) Has Affirmed Its Dividend Of SEK1.70
Apr 05Synsam's (STO:SYNSAM) Dividend Will Be SEK1.70
Feb 25Synsam (STO:SYNSAM) Might Have The Makings Of A Multi-Bagger
Jan 17Synsam AB (publ) (STO:SYNSAM) First-Quarter Results: Here's What Analysts Are Forecasting For This Year
May 14Shareholders Can Be Confident That Synsam's (STO:SYNSAM) Earnings Are High Quality
Mar 02Financial Position Analysis
Short Term Liabilities: SYNSAM's short term assets (SEK2.0B) do not cover its short term liabilities (SEK2.6B).
Long Term Liabilities: SYNSAM's short term assets (SEK2.0B) do not cover its long term liabilities (SEK3.0B).
Debt to Equity History and Analysis
Debt Level: SYNSAM's net debt to equity ratio (79.5%) is considered high.
Reducing Debt: SYNSAM had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
Debt Coverage: SYNSAM's debt is well covered by operating cash flow (50.6%).
Interest Coverage: SYNSAM earns more interest than it pays, so coverage of interest payments is not a concern.