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 103.3%. Its total assets and total liabilities are SEK8.2B and SEK5.7B respectively. Synsam's EBIT is SEK788.0M making its interest coverage ratio -11.9. It has cash and short-term investments of SEK543.0M.
Key information
103.3%
Debt to equity ratio
SEK 2.56b
Debt
| Interest coverage ratio | -11.9x |
| Cash | SEK 543.00m |
| Equity | SEK 2.48b |
| Total liabilities | SEK 5.74b |
| Total assets | SEK 8.22b |
Recent financial health updates
Recent updates
Synsam's (STO:SYNSAM) Strong Earnings Are Of Good Quality
Aug 31
We 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 (SEK2.7B).
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 (81.4%) 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 (45.3%).
Interest Coverage: SYNSAM earns more interest than it pays, so coverage of interest payments is not a concern.