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Synoptics Technologies (NSE:SYNOPTICS) Liabilities-to-Assets : 0.56 (As of Mar. 2022)


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What is Synoptics Technologies Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Synoptics Technologies's Total Liabilities for the quarter that ended in Mar. 2022 was ₹240.3 Mil. Synoptics Technologies's Total Assets for the quarter that ended in Mar. 2022 was ₹428.0 Mil. Therefore, Synoptics Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2022 was 0.56.


Synoptics Technologies Liabilities-to-Assets Historical Data

The historical data trend for Synoptics Technologies's Liabilities-to-Assets 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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Synoptics Technologies Liabilities-to-Assets Chart

Synoptics Technologies Annual Data
Trend Mar20 Mar21 Mar22
Liabilities-to-Assets
0.64 0.62 0.56

Synoptics Technologies Semi-Annual Data
Mar20 Mar21 Mar22
Liabilities-to-Assets 0.64 0.62 0.56

Competitive Comparison of Synoptics Technologies's Liabilities-to-Assets

For the Information Technology Services subindustry, Synoptics Technologies's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.


Synoptics Technologies's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, Synoptics Technologies's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Synoptics Technologies's Liabilities-to-Assets falls into.



Synoptics Technologies Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Synoptics Technologies's Liabilities-to-Assets Ratio for the fiscal year that ended in Mar. 2022 is calculated as:

Liabilities-to-Assets (A: Mar. 2022 )=Total Liabilities/Total Assets
=240.295/427.98
=0.56

Synoptics Technologies's Liabilities-to-Assets Ratio for the quarter that ended in Mar. 2022 is calculated as

Liabilities-to-Assets (Q: Mar. 2022 )=Total Liabilities/Total Assets
=240.295/427.98
=0.56

* 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.


Synoptics Technologies  (NSE:SYNOPTICS) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Synoptics Technologies Liabilities-to-Assets Related Terms

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Synoptics Technologies (NSE:SYNOPTICS) Business Description

Traded in Other Exchanges
N/A
Address
301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064
Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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