Sygnia Balance Sheet Health
Financial Health criteria checks 5/6
Sygnia has a total shareholder equity of ZAR821.1M and total debt of ZAR135.3M, which brings its debt-to-equity ratio to 16.5%. Its total assets and total liabilities are ZAR143.1B and ZAR142.3B respectively. Sygnia's EBIT is ZAR381.1M making its interest coverage ratio -0. It has cash and short-term investments of ZAR1.1B.
Key information
16.5%
Debt to equity ratio
R135.31m
Debt
| Interest coverage ratio | -0.02x |
| Cash | R1.08b |
| Equity | R821.07m |
| Total liabilities | R142.32b |
| Total assets | R143.14b |
Recent financial health updates
No updates
Recent updates
Do Sygnia's (JSE:SYG) Earnings Warrant Your Attention?
Mar 08
Sygnia (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 (ZAR1.5B) exceed its short term liabilities (ZAR1.3B).
Long Term Liabilities: SYG's short term assets (ZAR1.5B) do not cover its long term liabilities (ZAR141.0B).
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 24% to 16.5% over the past 5 years.
Debt Coverage: SYG's debt is well covered by operating cash flow (773.4%).
Interest Coverage: SYG earns more interest than it pays, so coverage of interest payments is not a concern.