Synnex (Thailand) Balance Sheet Health
Financial Health criteria checks 3/6
Synnex (Thailand) has a total shareholder equity of THB4.1B and total debt of THB6.3B, which brings its debt-to-equity ratio to 153.8%. Its total assets and total liabilities are THB13.8B and THB9.7B respectively. Synnex (Thailand)'s EBIT is THB563.8M making its interest coverage ratio 3.9. It has cash and short-term investments of THB137.3M.
Key information
153.8%
Debt to equity ratio
฿6.27b
Debt
Interest coverage ratio | 3.9x |
Cash | ฿137.25m |
Equity | ฿4.08b |
Total liabilities | ฿9.74b |
Total assets | ฿13.82b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYNEX's short term assets (THB11.5B) exceed its short term liabilities (THB9.2B).
Long Term Liabilities: SYNEX's short term assets (THB11.5B) exceed its long term liabilities (THB572.5M).
Debt to Equity History and Analysis
Debt Level: SYNEX's net debt to equity ratio (150.4%) is considered high.
Reducing Debt: SYNEX's debt to equity ratio has increased from 151.2% to 153.8% over the past 5 years.
Debt Coverage: SYNEX's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SYNEX's interest payments on its debt are well covered by EBIT (3.9x coverage).