Synectics (LSE:SNX) Debt-to-Equity : 0.05 (As of Nov. 2023)

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What is Synectics Debt-to-Equity?

Synectics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £0.57 Mil. Synectics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £1.37 Mil. Synectics's Total Stockholders Equity for the quarter that ended in Nov. 2023 was £38.88 Mil. Synectics's debt to equity for the quarter that ended in Nov. 2023 was 0.05.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Synectics's Debt-to-Equity or its related term are showing as below:

LSE:SNX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.08 Max: 0.2
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Synectics was 0.20. The lowest was 0.02. And the median was 0.08.

LSE:SNX's Debt-to-Equity is ranked better than
87.46% of 917 companies
in the Business Services industry
Industry Median: 0.38 vs LSE:SNX: 0.05

Synectics Debt-to-Equity Historical Data

The historical data trend for Synectics's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Synectics Debt-to-Equity Chart

Synectics Annual Data

Trend

Nov14

Nov15

Nov16

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Nov23

Debt-to-Equity

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0.08

0.05

Synectics Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Debt-to-Equity	Get a 7-Day Free Trial															0.08	0.07	0.08	0.07	0.05

Competitive Comparison of Synectics's Debt-to-Equity

For the Security & Protection Services subindustry, Synectics's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Synectics's Debt-to-Equity Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Synectics's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Synectics's Debt-to-Equity falls into.

Synectics Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Synectics's Debt to Equity Ratio for the fiscal year that ended in Nov. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.573	+	1.365)	/	38.877
	=	0.05

Synectics's Debt to Equity Ratio for the quarter that ended in Nov. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.573	+	1.365)	/	38.877
	=	0.05

Synectics (LSE:SNX) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Synectics Debt-to-Equity Related Terms

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Synectics (LSE:SNX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Synectics PLC (LSE:SNX) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-4 Broadfield Close, Synectics House, Sheffield, South Yorkshire, GBR, S8 0XN

Website

https://www.synecticsplc.com

Synectics PLC is a UK-based company, which operates in d security and surveillance systems. It business of the group is operated through Systems and Security segments. Its systems segment develops, integrates, and delivers resilient, flexible electronic surveillance solutions based on its proprietary hardware and software, and operates globally across all sectors. The Security segment focuses on the design, delivery, maintenance, and management of end-to-end security and surveillance systems for high-security & public space applications, and operates principally in the United Kingdom. Its operations are spread across UK and Europe, North America, the Middle East & Africa, and Asia Pacific.