Syntec Optics Holdings Balance Sheet Health
Financial Health criteria checks 2/6
Syntec Optics Holdings has a total shareholder equity of $12.1M and total debt of $9.5M, which brings its debt-to-equity ratio to 78.5%. Its total assets and total liabilities are $25.8M and $13.6M respectively.
Key information
78.5%
Debt to equity ratio
US$9.53m
Debt
| Interest coverage ratio | n/a |
| Cash | US$830.48k |
| Equity | US$12.14m |
| Total liabilities | US$13.64m |
| Total assets | US$25.77m |
Recent financial health updates
Financial Position Analysis
Short Term Liabilities: OPTX's short term assets ($14.6M) exceed its short term liabilities ($10.8M).
Long Term Liabilities: OPTX's short term assets ($14.6M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: OPTX's net debt to equity ratio (71.7%) is considered high.
Reducing Debt: Insufficient data to determine if OPTX's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: OPTX's debt is not well covered by operating cash flow (2.3%).
Interest Coverage: Insufficient data to determine if OPTX's interest payments on its debt are well covered by EBIT.