Sylogist Balance Sheet Health
Financial Health criteria checks 3/6
Sylogist has a total shareholder equity of CA$35.2M and total debt of CA$19.0M, which brings its debt-to-equity ratio to 54.1%. Its total assets and total liabilities are CA$99.0M and CA$63.8M respectively. Sylogist's EBIT is CA$4.1M making its interest coverage ratio 2.5. It has cash and short-term investments of CA$13.3M.
Key information
54.1%
Debt to equity ratio
CA$19.03m
Debt
| Interest coverage ratio | 2.5x |
| Cash | CA$13.33m |
| Equity | CA$35.17m |
| Total liabilities | CA$63.84m |
| Total assets | CA$99.01m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYZL.F's short term assets (CA$29.8M) do not cover its short term liabilities (CA$54.8M).
Long Term Liabilities: SYZL.F's short term assets (CA$29.8M) exceed its long term liabilities (CA$9.0M).
Debt to Equity History and Analysis
Debt Level: SYZL.F's net debt to equity ratio (16.2%) is considered satisfactory.
Reducing Debt: SYZL.F's debt to equity ratio has increased from 0% to 54.1% over the past 5 years.
Debt Coverage: SYZL.F's debt is well covered by operating cash flow (58.6%).
Interest Coverage: SYZL.F's interest payments on its debt are not well covered by EBIT (2.5x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 08:50 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Sylogist Ltd. is covered by 12 analysts. 6 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Jim Byrne | Acumen Capital Finance Partners Limited |
| Douglas Taylor | Canaccord Genuity |
| Parth Shah | Canaccord Genuity |