Syn Prop & Tech Balance Sheet Health
Financial Health criteria checks 3/6
Syn Prop & Tech has a total shareholder equity of R$2.4B and total debt of R$1.4B, which brings its debt-to-equity ratio to 58%. Its total assets and total liabilities are R$4.1B and R$1.8B respectively. Syn Prop & Tech's EBIT is R$187.3M making its interest coverage ratio 1.3. It has cash and short-term investments of R$580.5M.
Key information
58.0%
Debt to equity ratio
R$1.38b
Debt
Interest coverage ratio | 1.3x |
Cash | R$580.49m |
Equity | R$2.38b |
Total liabilities | R$1.76b |
Total assets | R$4.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYYN.Y's short term assets (R$653.1M) exceed its short term liabilities (R$472.6M).
Long Term Liabilities: SYYN.Y's short term assets (R$653.1M) do not cover its long term liabilities (R$1.3B).
Debt to Equity History and Analysis
Debt Level: SYYN.Y's net debt to equity ratio (33.6%) is considered satisfactory.
Reducing Debt: SYYN.Y's debt to equity ratio has reduced from 93.3% to 58% over the past 5 years.
Debt Coverage: SYYN.Y's debt is not well covered by operating cash flow (6.8%).
Interest Coverage: SYYN.Y's interest payments on its debt are not well covered by EBIT (1.3x coverage).