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SYYNY (SYN Prop E Tech) Financial Strength : 6 (As of Dec. 2024)


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What is SYN Prop E Tech Financial Strength?

SYN Prop E Tech has the Financial Strength Rank of 6.

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is rated on a scale of 1 to 10 and is based on these factors:

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.
2. Debt to revenue ratio. The lower, the better.
3. Altman Z-Score.
4. Other debt related ratios.

A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

SYN Prop E Tech's Interest Coverage for the quarter that ended in Dec. 2024 was 9.92. SYN Prop E Tech's debt to revenue ratio for the quarter that ended in Dec. 2024 was 2.65. As of today, SYN Prop E Tech's Altman Z-Score is 2.21.


Competitive Comparison of SYN Prop E Tech's Financial Strength

For the Real Estate - Diversified subindustry, SYN Prop E Tech's Financial Strength, along with its competitors' market caps and Financial Strength 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.


SYN Prop E Tech's Financial Strength Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, SYN Prop E Tech's Financial Strength distribution charts can be found below:

* The bar in red indicates where SYN Prop E Tech's Financial Strength falls into.


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SYN Prop E Tech Financial Strength Calculation

GuruFocus Financial Strength Rank measures how strong a company's financial situation is. It is based on these factors

A company ranks high with financial strength is likely to withstand any business slowdowns and recessions.

1. The debt burden that the company has as measured by its Interest Coverage (current year). The higher, the better.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

SYN Prop E Tech's Interest Expense for the months ended in Dec. 2024 was $-6.2 Mil. Its Operating Income for the months ended in Dec. 2024 was $61.3 Mil. And its Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $112.5 Mil.

SYN Prop E Tech's Interest Coverage for the quarter that ended in Dec. 2024 is

Interest Coverage=-1*Operating Income (Q: Dec. 2024 )/Interest Expense (Q: Dec. 2024 )
=-1*61.318/-6.184
=9.92

The higher the ratio, the stronger the company's financial strength is.

2. Debt to revenue ratio. The lower, the better.

SYN Prop E Tech's Debt to Revenue Ratio for the quarter that ended in Dec. 2024 is

Debt to Revenue Ratio=Total Debt (Q: Dec. 2024 ) / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(22.668 + 112.526) / 51.104
=2.65

3. Altman Z-Score.

Z-Score model is an accurate forecaster of failure up to two years prior to distress. It can be considered the assessment of the distress of industrial corporations.

The zones of discrimination were as such:

When Z-Score is less than 1.81, it is in Distress Zones.
When Z-Score is greater than 2.99, it is in Safe Zones.
When Z-Score is between 1.81 and 2.99, it is in Grey Zones.

SYN Prop E Tech has a Z-score of 2.21, indicating it is in Grey Zones. This implies that SYN Prop E Tech is in some kind of financial stress. If it is below 1.81, the company may faces bankrupcy risk.

Warning Sign:

Altman Z-score of 2.21 is in the grey area. This implies that the company is under some kind of financial stress. If it is below 1.8, the company may face bankruptcy risk.

* 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.


SYN Prop E Tech  (OTCPK:SYYNY) Financial Strength Explanation

The rank is rated on a scale of 1 to 10. A higher score indicates a stronger financial position, with companies rated 7 or above considered financially stable and unlikely to face distress. Conversely, a score of 3 or below suggests potential financial difficulties, indicating a higher risk of distress.

SYN Prop E Tech has the Financial Strength Rank of 6.


SYN Prop E Tech Financial Strength Related Terms

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SYN Prop E Tech Business Description

Traded in Other Exchanges
Address
Avenida Brigadeiro Faria Lima, 3600, 14th Floor Itaim Bibi, Sao Paulo, SP, BRA, CEP: 04538-132
SYN Prop E Tech SA is involved in the real estate sector. It focuses on the development, sale, and lease of commercial properties, operation of shopping malls, provision of management, contract management, real estate development services, and other related services. The company is organized into three operating segments Buildings, Shopping malls, Services, and Others. The maximum revenue of the company is earned from the Shopping malls consisting of the lease of stores in shopping malls. The Buildings segment consists of the sale and lease of completed office buildings, the Services segment consists of services involving the management of shopping malls, development of properties, and operation of parking lots, and the others segment consists of the lease of other types of properties.