Synergy Empire (Synergy Empire) Debt-to-Asset : 21.97 (As of Dec. 2023)

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What is Synergy Empire Debt-to-Asset?

Synergy Empire's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.34 Mil. Synergy Empire's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Synergy Empire's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2023 was $0.06 Mil. Synergy Empire's debt to asset for the quarter that ended in Dec. 2023 was 21.97.

Synergy Empire Debt-to-Asset Historical Data

The historical data trend for Synergy Empire's Debt-to-Asset 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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Synergy Empire Debt-to-Asset Chart

Synergy Empire Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Asset

2.70

2.73

1.22

2.11

14.33

Synergy Empire Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Asset	Get a 7-Day Free Trial															17.23	14.33	17.25	20.08	21.97

Competitive Comparison of Synergy Empire's Debt-to-Asset

For the Restaurants subindustry, Synergy Empire's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Synergy Empire's Debt-to-Asset Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Synergy Empire's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Synergy Empire's Debt-to-Asset falls into.

Synergy Empire Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Synergy Empire's Debt-to-Asset for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.333	+	0)	/	0.093
	=	14.33

Synergy Empire's Debt-to-Asset for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(1.34	+	0)	/	0.061
	=	21.97

Synergy Empire (OTCPK:SHMY) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Synergy Empire Debt-to-Asset Related Terms

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Synergy Empire (Synergy Empire) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Synergy Empire Ltd (OTCPK:SHMY) » Definitions » Debt-to-Asset

Comparable Companies

AMHG BOM:539659 SGX:1D3 HKSE:08056 HKSE:01007 HKSE:08096 WAR:MEX TSE:3223 HKSE:08475 HKSE:08432

Traded in Other Exchanges

N/A

Address

No. 19 Jalan 12/118B, Desa Tun Razak, Kuala Lumpur, MYS, 56100

Website

https://www.sweethut.com.my

Synergy Empire Ltd is engaged in the production and sale of food products, specifically desserts created and sold through various restaurants. The company sells the products under the brand name Sweet Hut. The company has two restaurant outlets and one central kitchen in Malaysia. The company cooperates with online food delivery companies to have their desserts displayed on their platforms in order to promote their desserts such as Foodpanda and Honestbee food delivery. The firm generates the majority of its revenue from the Dine-in service.

Synergy Empire (Synergy Empire) Headlines

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