Sygnia Balance Sheet Health
Financial Health criteria checks 3/6
Sygnia has a total shareholder equity of ZAR850.3M and total debt of ZAR125.2M, which brings its debt-to-equity ratio to 14.7%. Its total assets and total liabilities are ZAR164.4B and ZAR163.6B respectively. Sygnia's EBIT is ZAR437.3M making its interest coverage ratio -0. It has cash and short-term investments of ZAR270.9M.
Key information
14.7%
Debt to equity ratio
R125.22m
Debt
| Interest coverage ratio | -0.02x |
| Cash | R270.91m |
| Equity | R850.26m |
| Total liabilities | R163.57b |
| Total assets | R164.42b |
Recent financial health updates
No updates
Recent updates
Sygnia (JSE:SYG) Is Increasing Its Dividend To ZAR1.27
Dec 07
Do Sygnia's (JSE:SYG) Earnings Warrant Your Attention?
Mar 08Sygnia (JSE:SYG) Is Paying Out A Larger Dividend Than Last Year
Jun 09Is Sygnia Limited (JSE:SYG) A Smart Pick For Income Investors?
Mar 24Read This Before Buying Sygnia Limited (JSE:SYG) Shares
Mar 03I Ran A Stock Scan For Earnings Growth And Sygnia (JSE:SYG) Passed With Ease
Feb 10
What Kind Of Investors Own Most Of Sygnia Limited (JSE:SYG)?
Jan 22Did Business Growth Power Sygnia's (JSE:SYG) Share Price Gain of 102%?
Jan 04Here's What You Should Know About Sygnia Limited's (JSE:SYG) 3.1% Dividend Yield
Dec 08Financial Position Analysis
Short Term Liabilities: SYG's short term assets (ZAR522.4M) do not cover its short term liabilities (ZAR528.1M).
Long Term Liabilities: SYG's short term assets (ZAR522.4M) do not cover its long term liabilities (ZAR163.0B).
Debt to Equity History and Analysis
Debt Level: SYG has more cash than its total debt.
Reducing Debt: SYG's debt to equity ratio has reduced from 29% to 14.7% over the past 5 years.
Debt Coverage: SYG's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SYG earns more interest than it pays, so coverage of interest payments is not a concern.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/22 00:46 |
| End of Day Share Price | 2024/12/20 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2024/09/30 |
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 |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| 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
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
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
Sygnia Limited is covered by 1 analysts. 0 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 |
|---|---|
| Grant Davids | Nedbank Corporate and Investment Bank |