Sylogist Balance Sheet Health
Financial Health criteria checks 3/6
Sylogist has a total shareholder equity of CA$37.6M and total debt of CA$17.2M, which brings its debt-to-equity ratio to 45.8%. Its total assets and total liabilities are CA$96.6M and CA$59.0M respectively. Sylogist's EBIT is CA$5.7M making its interest coverage ratio 3. It has cash and short-term investments of CA$11.6M.
Key information
45.8%
Debt to equity ratio
CA$17.21m
Debt
Interest coverage ratio | 3x |
Cash | CA$11.61m |
Equity | CA$37.60m |
Total liabilities | CA$58.98m |
Total assets | CA$96.58m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SYZL.F's short term assets (CA$26.3M) do not cover its short term liabilities (CA$48.7M).
Long Term Liabilities: SYZL.F's short term assets (CA$26.3M) exceed its long term liabilities (CA$10.3M).
Debt to Equity History and Analysis
Debt Level: SYZL.F's net debt to equity ratio (14.9%) is considered satisfactory.
Reducing Debt: SYZL.F's debt to equity ratio has increased from 0% to 45.8% over the past 5 years.
Debt Coverage: SYZL.F's debt is well covered by operating cash flow (68.4%).
Interest Coverage: SYZL.F's interest payments on its debt are not well covered by EBIT (3x coverage).