Synergy CHC Balance Sheet Health
Financial Health criteria checks 0/6
Synergy CHC has a total shareholder equity of $-25.9M and total debt of $31.5M, which brings its debt-to-equity ratio to -121.6%. Its total assets and total liabilities are $11.2M and $37.1M respectively. Synergy CHC's EBIT is $10.0M making its interest coverage ratio 2.3. It has cash and short-term investments of $87.3K.
Key information
-121.6%
Debt to equity ratio
US$31.46m
Debt
| Interest coverage ratio | 2.3x |
| Cash | US$87.29k |
| Equity | -US$25.88m |
| Total liabilities | US$37.10m |
| Total assets | US$11.22m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNYR.D has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: SNYR.D has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: SNYR.D has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: SNYR.D's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
Debt Coverage: SNYR.D's debt is not well covered by operating cash flow (3.5%).
Interest Coverage: SNYR.D's interest payments on its debt are not well covered by EBIT (2.3x coverage).