Synthomer Balance Sheet Health
Financial Health criteria checks 1/6
Synthomer has a total shareholder equity of £1.2B and total debt of £871.0M, which brings its debt-to-equity ratio to 75%. Its total assets and total liabilities are £2.7B and £1.5B respectively.
Key information
75.0%
Debt to equity ratio
UK£871.00m
Debt
Interest coverage ratio | n/a |
Cash | UK£375.60m |
Equity | UK£1.16b |
Total liabilities | UK£1.54b |
Total assets | UK£2.71b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYHM.Y's short term assets (£950.9M) exceed its short term liabilities (£488.1M).
Long Term Liabilities: SYHM.Y's short term assets (£950.9M) do not cover its long term liabilities (£1.1B).
Debt to Equity History and Analysis
Debt Level: SYHM.Y's net debt to equity ratio (42.6%) is considered high.
Reducing Debt: SYHM.Y's debt to equity ratio has increased from 64.1% to 75% over the past 5 years.
Debt Coverage: SYHM.Y's debt is not well covered by operating cash flow (17.2%).
Interest Coverage: Insufficient data to determine if SYHM.Y's interest payments on its debt are well covered by EBIT.