Syngen BiotechLtd Balance Sheet Health

Financial Health criteria checks 5/6

Syngen BiotechLtd has a total shareholder equity of NT$2.1B and total debt of NT$347.2M, which brings its debt-to-equity ratio to 16.9%. Its total assets and total liabilities are NT$3.2B and NT$1.1B respectively. Syngen BiotechLtd's EBIT is NT$289.4M making its interest coverage ratio 37.5. It has cash and short-term investments of NT$370.3M.

Key information

16.9%

Debt to equity ratio

NT$347.24m

Debt

Interest coverage ratio37.5x
CashNT$370.28m
EquityNT$2.06b
Total liabilitiesNT$1.11b
Total assetsNT$3.17b

Recent financial health updates

Recent updates

Does Syngen BiotechLtd (GTSM:8279) Have A Healthy Balance Sheet?

Mar 25
Does Syngen BiotechLtd (GTSM:8279) Have A Healthy Balance Sheet?

Should Syngen Biotech Co., Ltd. (GTSM:8279) Be Part Of Your Dividend Portfolio?

Feb 25
Should Syngen Biotech Co., Ltd. (GTSM:8279) Be Part Of Your Dividend Portfolio?

Did You Miss Syngen Biotech's (GTSM:8279) Impressive 104% Share Price Gain?

Feb 04
Did You Miss Syngen Biotech's (GTSM:8279) Impressive 104% Share Price Gain?

Is Syngen Biotech Co., Ltd.'s (GTSM:8279) Latest Stock Performance Being Led By Its Strong Fundamentals?

Jan 14
Is Syngen Biotech Co., Ltd.'s (GTSM:8279) Latest Stock Performance Being Led By Its Strong Fundamentals?

Syngen Biotech (GTSM:8279) Seems To Use Debt Quite Sensibly

Dec 16
Syngen Biotech (GTSM:8279) Seems To Use Debt Quite Sensibly

Syngen Biotech's (GTSM:8279) Earnings Are Growing But Is There More To The Story?

Nov 25
Syngen Biotech's (GTSM:8279) Earnings Are Growing But Is There More To The Story?

Financial Position Analysis

Short Term Liabilities: 8279's short term assets (NT$1.2B) exceed its short term liabilities (NT$736.5M).

Long Term Liabilities: 8279's short term assets (NT$1.2B) exceed its long term liabilities (NT$376.9M).


Debt to Equity History and Analysis

Debt Level: 8279 has more cash than its total debt.

Reducing Debt: 8279's debt to equity ratio has increased from 16.7% to 16.9% over the past 5 years.

Debt Coverage: 8279's debt is well covered by operating cash flow (101.9%).

Interest Coverage: 8279's interest payments on its debt are well covered by EBIT (37.5x coverage).


Balance Sheet


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