Synchronoss Technologies Inc Financials
Synchronoss Technologies Inc (SNCR) reported $173.6M in revenue for fiscal year 2024, up 5.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Synchronoss's turnaround comes from a leaner operating model, cash-rich earnings, and a still debt-heavy balance sheet.
FY2024 revenue of$173.6M remained below FY2021's$189.3M , so the earnings rebound did not come from recovering scale alone. The clue is operating margin turning from-6.5% in FY2023 to12.5% in FY2024. Paired with free cash flow of$26.4M , that points to a business resized around a more efficient revenue base rather than simply lifted by top-line recovery.
Gross margin expansion to
The business also shows strong cash conversion: operating cash flow was
Financial Health Signals
Scored against emerging companies for FY2024. Each of the six dimensions is a percentile rank within that peer group; the overall is their average, with missing dimensions counted as zero out of six. A high score means strong standing among peers, not absolute cross-industry strength. How this score is calculated →
Health score ≠ stock price. This rates the quality of Synchronoss Technologies Inc's business: profitability, growth, balance sheet strength. It doesn't tell you whether the stock is a good buy at today's price. Not financial advice. Use it alongside valuation analysis and your own research.
Not available for Synchronoss Technologies Inc, and counted as zero in the overall score.
Synchronoss Technologies Inc scores -0.78, below the 1.81 distress threshold. The score is driven primarily by a large market capitalization ($103.6M) relative to total liabilities ($251.6M). This indicates elevated financial distress risk and warrants close attention to liquidity and debt levels.
Distress-screening estimate for non-financial companies. Not computed for banks or insurers, where the Altman model does not apply.
Synchronoss Technologies Inc passes 7 of 9 financial strength tests. All 4 profitability signals pass (positive income, cash flow, and earnings quality), 1 of 3 leverage/liquidity signals pass, both operating efficiency signals pass.
For every $1 of reported earnings, Synchronoss Technologies Inc generates $4.60 in operating cash flow ($28.3M OCF vs $6.2M net income). This indicates profits are well-supported by actual cash generation, not accounting adjustments.
Synchronoss Technologies Inc earns $1.20 in operating income for every $1 of interest expense ($21.7M vs $18.0M). This narrow margin raises concern about the company's ability to service its debt if operating income declines.
Key Financial Metrics
Earnings & Revenue
Synchronoss Technologies Inc generated $173.6M in revenue in fiscal year 2024. This represents an increase of 5.7% from the prior year.
Synchronoss Technologies Inc's EBITDA was $38.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization. This represents an increase of 527.0% from the prior year.
Synchronoss Technologies Inc reported $6.2M in net income in fiscal year 2024. This represents an increase of 111.3% from the prior year.
Synchronoss Technologies Inc earned $0.43 per diluted share (EPS) in fiscal year 2024.
Cash & Balance Sheet
Synchronoss Technologies Inc generated $26.4M in free cash flow in fiscal year 2024, representing cash available after capex. This represents an increase of 50.5% from the prior year.
Synchronoss Technologies Inc held $33.4M in cash against $184.8M in long-term debt as of fiscal year 2024.
Not reported for fiscal year 2024.
Margins & Returns
Synchronoss Technologies Inc's gross margin was 77.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs. This is up 3.2 percentage points from the prior year.
Synchronoss Technologies Inc's operating margin was 12.5% in fiscal year 2024, reflecting core business profitability. This is up 19.0 percentage points from the prior year.
Synchronoss Technologies Inc's net profit margin was 3.5% in fiscal year 2024, showing the share of revenue converted to profit. This is up 36.8 percentage points from the prior year.
Synchronoss Technologies Inc's ROE was 20.7% in fiscal year 2024, measuring profit generated per dollar of shareholder equity. This is up 225.6 percentage points from the prior year.
Capital Allocation
Synchronoss Technologies Inc invested $42.8M in research and development in fiscal year 2024. This represents a decrease of 8.0% from the prior year.
Synchronoss Technologies Inc invested $1.9M in capex in fiscal year 2024, funding long-term assets and infrastructure. This represents an increase of 45.6% from the prior year.
Not reported for fiscal year 2024.
SNCR Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $170.9M | $173.6M+5.7% | $164.2M-5.5% | $173.8M-8.2% | $189.3M-35.1% | $291.7M-5.5% | $308.7M-5.2% | $325.8M-19.0% | $402.4M-5.6% | $426.3M+14.4% | $372.6M+21.2% | $307.3M-12.0% | $349.0M+27.5% | $273.7M+19.5% | $229.1M+38.0% | $166.0M |
| Cost of Revenue | $35.7M | $39.0M-7.5% | $42.2M-9.2% | $46.5M-22.7% | $60.2M-50.6% | $121.8M-19.0% | $150.4M-5.3% | $158.8M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Gross Profit | $135.2M | $134.6M+10.3% | $122.0M-4.1% | $127.3M-1.5% | $129.2M-23.9% | $169.9M+7.3% | $158.3M-5.2% | $167.0M | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| R&D Expenses | $41.2M | $42.8M-8.0% | $46.6M-6.1% | $49.6M-17.1% | $59.8M-22.4% | $77.0M+2.0% | $75.6M-4.6% | $79.2M-12.9% | $90.8M-20.7% | $114.5M+23.4% | $92.8M+26.0% | $73.6M+13.5% | $64.8M+24.0% | $52.3M+25.9% | $41.5M+59.7% | $26.0M |
| SG&A Expenses | $47.3M | $51.7M-20.7% | $65.2M+6.6% | $61.2M-17.6% | $74.2M-16.9% | $89.3M-20.8% | $112.8M-7.6% | $122.1M-20.7% | $154.0M+22.0% | $126.2M+49.2% | $84.6M+9.7% | $77.1M+24.1% | $62.1M+33.0% | $46.7M+4.0% | $44.9M+33.0% | $33.7M |
| Operating Income | $28.3M | $21.7M+303.7% | -$10.6M-3579.1% | $306K+101.2% | -$25.8M+46.5% | -$48.1M+55.4% | -$107.8M+34.4% | -$164.3M-26.8% | -$129.6M-5.7% | -$122.6M-230.4% | -$37.1M-948.1% | -$3.5M-110.1% | $34.9M-15.8% | $41.5M+125.7% | $18.4M+97.5% | $9.3M |
| Interest Expense | $25.2M | $18.0M+28.9% | $14.0M+2.4% | $13.6M+112.7% | $6.4M+1246.8% | $476K-64.9% | $1.4M-72.4% | $4.9M-91.2% | $55.8M+652.2% | $7.4M+29.8% | $5.7M+66.5% | $3.4M+7.9% | $3.2M+218.4% | $998K+7.5% | $928K+1.2% | $917K |
| Income Tax | $4.4M | $7.6M+60.5% | $4.7M+8139.0% | -$59K+99.3% | -$8.8M+67.6% | -$27.1M-1346.9% | $2.2M+112.1% | -$17.9M+48.7% | -$34.9M-4.9% | -$33.2M-1291.1% | -$2.4M+26.3% | -$3.2M-128.9% | $11.2M-27.9% | $15.6M+381.9% | $3.2M-38.1% | $5.2M |
| Net Income | -$9.7M | $6.2M+111.3% | -$54.6M-607.2% | -$7.7M+66.6% | -$23.1M-123.0% | -$10.4M+90.1% | -$104.6M+52.1% | -$218.2M-99.3% | -$109.4M-1020.1% | $11.9M+282.1% | $3.1M-92.0% | $38.9M+66.6% | $23.4M-13.8% | $27.1M+79.0% | $15.1M+290.4% | $3.9M |
| EPS (Diluted) | — | $0.43 | -$6.62 | -$1.81 | -$8.08 | -$1.16 | -$3.36+44.5% | -$6.05-146.9% | -$2.45-1007.4% | $0.27+285.7% | $0.07-92.7% | $0.96+65.5% | $0.58-15.9% | $0.69+60.5% | $0.43+258.3% | $0.12 |
TTM is the trailing twelve months, Q4 FY2024 through Q3 FY2025, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SNCR Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | $293.8M-5.3% | $310.3M-22.0% | $398.1M-11.7% | $450.7M-6.5% | $482.3M-9.4% | $532.0M-24.3% | $703.3M-27.2% | $965.4M-8.4% | $1.1B+4.4% | $1.0B+17.1% | $862.8M+63.7% | $527.0M+12.9% | $466.7M+17.1% | $398.6M+17.1% | $340.4M |
| Current Assets | $81.4M-0.8% | $82.0M-22.1% | $105.3M-13.7% | $122.0M+0.5% | $121.4M-15.1% | $142.9M-51.5% | $294.5M-20.6% | $371.0M+0.3% | $369.7M-9.2% | $406.9M-7.9% | $441.9M+173.4% | $161.6M+1.4% | $159.3M-19.7% | $198.3M-13.4% | $229.0M |
| Cash & Equivalents | $33.4M+35.8% | $24.6M+34.2% | $18.3M-37.6% | $29.3M-7.4% | $31.7M-18.8% | $39.0M-62.4% | $103.8M-33.6% | $156.3M-8.0% | $169.8M+14.8% | $147.9M-37.3% | $236.0M+271.5% | $63.5M+76.3% | $36.0M-48.1% | $69.4M-61.5% | $180.4M |
| Accounts Receivable | $18.1M-22.8% | $23.5M-25.9% | $31.7M-33.4% | $47.6M-0.5% | $47.8M-27.4% | $65.9M-35.9% | $102.8M+31.5% | $78.2M-27.3% | $107.5M-21.0% | $136.1M+15.0% | $118.4M+82.3% | $64.9M-13.4% | $75.0M+30.7% | $57.4M+64.2% | $34.9M |
| Goodwill | $179.4M-2.4% | $183.9M+0.9% | $182.3M-7.0% | $195.9M-15.8% | $232.8M+4.4% | $223.0M-0.9% | $224.9M-5.2% | $237.3M+5.6% | $224.7M+49.8% | $149.9M+1.9% | $147.1M+6.8% | $137.7M+8.2% | $127.3M+133.1% | $54.6M+186.5% | $19.1M |
| Total Liabilities | $251.6M-11.3% | $283.7M-14.0% | $330.0M+20.0% | $274.9M-37.4% | $439.0M-3.7% | $455.9M-11.4% | $514.3M+2.5% | $501.8M-4.3% | $524.6M+3.9% | $504.9M+26.4% | $399.4M+403.1% | $79.4M-13.7% | $92.0M+43.6% | $64.1M+22.3% | $52.4M |
| Current Liabilities | $40.3M-15.5% | $47.7M-40.5% | $80.2M-15.9% | $95.4M-23.8% | $125.1M-18.4% | $153.4M-37.1% | $243.8M+26.6% | $192.5M+5.1% | $183.2M+128.5% | $80.2M-8.5% | $87.6M+39.5% | $62.8M-16.1% | $74.9M+64.8% | $45.4M+80.6% | $25.2M |
| Long-Term Debt | $184.8M+35.7% | $136.2M+1.2% | $134.6M+1.1% | $133.1M | $0 | N/A | $0-100.0% | $227.7M | $0 | N/A | N/A | N/A | N/A | N/A | N/A |
| Total Equity | $29.8M+11.8% | $26.6M-60.9% | $68.1M-25.0% | $90.8M+109.8% | $43.3M-43.1% | $76.1M-59.7% | $188.9M-59.3% | $463.6M-12.5% | $529.8M+4.8% | $505.3M+9.0% | $463.5M+3.5% | $447.6M+19.5% | $374.7M+12.0% | $334.6M+16.2% | $288.0M |
| Retained Earnings | -$425.0M+1.4% | -$431.2M-14.5% | -$376.6M-2.1% | -$368.7M-6.6% | -$345.8M-3.4% | -$334.3M-43.3% | -$233.3M-4553.0% | -$5.0M-104.7% | $107.6M-46.5% | $201.3M+25.3% | $160.7M+31.9% | $121.8M+23.7% | $98.5M+37.9% | $71.4M+26.9% | $56.3M |
Not reported in any period shown, so not listed: Inventory.
SNCR Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | TTM | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | $55.0M | $28.3M+50.2% | $18.8M+8.5% | $17.4M+251.0% | $4.9M+976.8% | -$564K-101.7% | $32.6M+203.9% | -$31.4M-71.9% | -$18.2M-117.5% | $104.6M+13.7% | $92.0M+5.3% | $87.3M+7.7% | $81.1M+45.1% | $55.9M+31.2% | $42.6M+95.9% | $21.7M |
| Capital Expenditures | $1.9M | $1.9M+45.6% | $1.3M-7.5% | $1.4M-7.4% | $1.5M+71.9% | $885K-89.2% | $8.2M-29.8% | $11.7M-4.1% | $12.2M-71.5% | $42.6M-26.2% | $57.7M-22.0% | $73.9M+0.6% | $73.4M+121.0% | $33.2M+125.6% | $14.7M-4.5% | $15.4M |
| Free Cash Flow | $53.1M | $26.4M+50.5% | $17.5M+9.9% | $16.0M+365.9% | $3.4M+336.3% | -$1.4M-105.9% | $24.4M+156.7% | -$43.0M-41.5% | -$30.4M-149.0% | $62.0M+80.6% | $34.3M+155.4% | $13.4M+75.5% | $7.7M-66.2% | $22.6M-18.7% | $27.9M+340.8% | $6.3M |
| Investing Cash Flow | -$14.2M | -$13.1M-445.5% | $3.8M+128.9% | -$13.2M+45.0% | -$23.9M-67.0% | -$14.3M-174.0% | $19.4M+128.8% | -$67.3M-168.5% | $98.2M+347.0% | -$39.8M+79.6% | -$195.1M-27.5% | -$153.0M | N/A | N/A | N/A | N/A |
| Financing Cash Flow | -$30.8M | -$5.9M+70.7% | -$20.0M-50.5% | -$13.3M-182.0% | $16.2M+62.0% | $10.0M+108.2% | -$121.3M-237.9% | -$35.9M-0.6% | -$35.7M-9538.9% | -$370K-102.4% | $15.3M-93.5% | $238.0M | N/A | N/A | N/A | N/A |
| Dividends Paid | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Share Buybacks | N/A | N/A | N/A | N/A | N/A | N/A | N/A | $0 | $0-100.0% | $40.0M | $0 | $0 | N/A | $24.6M+23.1% | $20.0M | N/A |
TTM is the trailing twelve months, Q4 FY2024 through Q3 FY2025, summed from the four most recent quarterly filings. A row marked — cannot be summed at all, because a quarter in the window reports no per-share figure; a row marked N/A could be summed, but a quarter in the window does not report that metric.
SNCR Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 | FY10 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross Margin | 77.5%+3.2pp | 74.3%+1.0pp | 73.2%+5.0pp | 68.2%+10.0pp | 58.2%+6.9pp | 51.3%0.0pp | 51.3% | N/A | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| Operating Margin | 12.5%+19.0pp | -6.5%-6.7pp | 0.2%+13.8pp | -13.6%+2.9pp | -16.5%+18.4pp | -34.9%+15.5pp | -50.4%-18.2pp | -32.2%-3.4pp | -28.8%-18.8pp | -10.0%-8.8pp | -1.1%-11.2pp | 10.0%-5.1pp | 15.2%+7.1pp | 8.0%+2.4pp | 5.6% |
| Net Margin | 3.5%+36.8pp | -33.2%-28.8pp | -4.4%+7.8pp | -12.2%-8.6pp | -3.5%+30.3pp | -33.9%+33.1pp | -67.0%-39.8pp | -27.2%-30.0pp | 2.8%+2.0pp | 0.8%-11.8pp | 12.7%+6.0pp | 6.7%-3.2pp | 9.9%+3.3pp | 6.6%+4.3pp | 2.3% |
| Return on Equity | 20.7%+225.6pp | -204.9%-193.6pp | -11.3%+14.1pp | -25.4%-1.5pp | -23.9%+113.5pp | -137.5%-22.0pp | -115.5%-91.9pp | -23.6%-25.9pp | 2.3%+1.6pp | 0.6%-7.8pp | 8.4%+3.2pp | 5.2%-2.0pp | 7.2%+2.7pp | 4.5%+3.2pp | 1.4% |
| Return on Assets | 2.1%+19.7pp | -17.6%-15.6pp | -1.9%+3.2pp | -5.1%-3.0pp | -2.1%+17.5pp | -19.7%+11.4pp | -31.0%-19.7pp | -11.3%-12.5pp | 1.1%+0.8pp | 0.3%-4.2pp | 4.5%+0.1pp | 4.4%-1.4pp | 5.8%+2.0pp | 3.8%+2.7pp | 1.1% |
| Current Ratio | 2.02+0.3x | 1.72+0.4x | 1.310.0x | 1.28+0.3x | 0.970.0x | 0.93-0.3x | 1.21-0.7x | 1.93-0.1x | 2.02-3.1x | 5.080.0x | 5.04+2.5x | 2.57+0.4x | 2.13-2.2x | 4.37-4.7x | 9.10 |
| Debt-to-Equity | 6.21+1.1x | 5.11+3.1x | 1.98+0.5x | 1.47+1.5x | 0.00-6.0x | 5.99+6.0x | 0.00-0.5x | 0.49+0.5x | 0.00-1.0x | 1.00+0.1x | 0.86+0.7x | 0.18-0.1x | 0.25+0.1x | 0.190.0x | 0.18 |
| FCF Margin | 15.2%+4.5pp | 10.7%+1.5pp | 9.2%+7.4pp | 1.8%+2.3pp | -0.5%-8.4pp | 7.9%+21.1pp | -13.2%-5.6pp | -7.6%-22.1pp | 14.5%+5.3pp | 9.2%+4.8pp | 4.4%+2.2pp | 2.2%-6.1pp | 8.3%-3.9pp | 12.2%+8.3pp | 3.8% |
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Where Synchronoss Technologies Inc Ranks
Frequently Asked Questions
What is Synchronoss Technologies Inc's annual revenue?
Synchronoss Technologies Inc (SNCR) reported $173.6M in total revenue for fiscal year 2024. This represents a 5.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Synchronoss Technologies Inc's revenue growing?
Synchronoss Technologies Inc (SNCR) revenue grew by 5.7% year-over-year, from $164.2M to $173.6M in fiscal year 2024.
Is Synchronoss Technologies Inc profitable?
Yes, Synchronoss Technologies Inc (SNCR) reported a net income of $6.2M in fiscal year 2024, with a net profit margin of 3.5%.
What is Synchronoss Technologies Inc's EBITDA?
Synchronoss Technologies Inc (SNCR) had EBITDA of $38.8M in fiscal year 2024, measuring earnings before interest, taxes, depreciation, and amortization.
How much debt does Synchronoss Technologies Inc have?
As of fiscal year 2024, Synchronoss Technologies Inc (SNCR) had $33.4M in cash and equivalents against $184.8M in long-term debt.
What is Synchronoss Technologies Inc's gross margin?
Synchronoss Technologies Inc (SNCR) had a gross margin of 77.5% in fiscal year 2024, indicating the percentage of revenue retained after direct costs of goods sold.
What is Synchronoss Technologies Inc's operating margin?
Synchronoss Technologies Inc (SNCR) had an operating margin of 12.5% in fiscal year 2024, reflecting the profitability of core business operations before interest and taxes.
What is Synchronoss Technologies Inc's net profit margin?
Synchronoss Technologies Inc (SNCR) had a net profit margin of 3.5% in fiscal year 2024, representing the share of revenue converted into profit after all expenses.
What is Synchronoss Technologies Inc's return on equity (ROE)?
Synchronoss Technologies Inc (SNCR) has a return on equity of 20.7% for fiscal year 2024, measuring how efficiently the company generates profit from shareholder equity.
What is Synchronoss Technologies Inc's free cash flow?
Synchronoss Technologies Inc (SNCR) generated $26.4M in free cash flow during fiscal year 2024. This represents a 50.5% change compared to the previous fiscal year. Free cash flow represents the cash a company generates after accounting for capital expenditures, and is widely used to assess financial flexibility and shareholder value.
What is Synchronoss Technologies Inc's operating cash flow?
Synchronoss Technologies Inc (SNCR) generated $28.3M in operating cash flow during fiscal year 2024, representing cash generated from core business activities.
What are Synchronoss Technologies Inc's total assets?
Synchronoss Technologies Inc (SNCR) had $293.8M in total assets as of fiscal year 2024, including both current and long-term assets.
What are Synchronoss Technologies Inc's capital expenditures?
Synchronoss Technologies Inc (SNCR) invested $1.9M in capital expenditures during fiscal year 2024, funding long-term assets and infrastructure.
How much does Synchronoss Technologies Inc spend on research and development?
Synchronoss Technologies Inc (SNCR) invested $42.8M in research and development during fiscal year 2024.
What is Synchronoss Technologies Inc's current ratio?
Synchronoss Technologies Inc (SNCR) had a current ratio of 2.02 as of fiscal year 2024, which is generally considered healthy.
What is Synchronoss Technologies Inc's debt-to-equity ratio?
Synchronoss Technologies Inc (SNCR) had a debt-to-equity ratio of 6.21 as of fiscal year 2024, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Synchronoss Technologies Inc's return on assets (ROA)?
Synchronoss Technologies Inc (SNCR) had a return on assets of 2.1% for fiscal year 2024, measuring how efficiently the company uses its assets to generate profit.
What is Synchronoss Technologies Inc's Altman Z-Score?
Synchronoss Technologies Inc (SNCR) has an Altman Z-Score of -0.78, placing it in the Distress Zone (elevated bankruptcy risk). The Z-Score combines five financial ratios (working capital, retained earnings, EBIT, market capitalization, and revenue relative to total assets) to predict the likelihood of bankruptcy. Scores above 2.99 indicate financial safety while scores below 1.81 suggest financial distress. Learn more in our complete guide to financial health indicators.
What is Synchronoss Technologies Inc's Piotroski F-Score?
Synchronoss Technologies Inc (SNCR) has a Piotroski F-Score of 7 out of 9, indicating strong financial health. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Synchronoss Technologies Inc's earnings high quality?
Synchronoss Technologies Inc (SNCR) has an earnings quality ratio of 4.60x, considered cash-backed (high quality). This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.
Can Synchronoss Technologies Inc cover its interest payments?
Synchronoss Technologies Inc (SNCR) has an interest coverage ratio of 1.20x, meaning it can struggle to cover its interest obligations. This ratio divides operating income by interest expense. Ratios above 5x indicate strong debt-servicing ability, while ratios below 2x suggest the company may face difficulty meeting interest payments if earnings decline. Learn more in our complete guide to financial health indicators.
How financially healthy is Synchronoss Technologies Inc?
Synchronoss Technologies Inc (SNCR) scores 47 out of 100 on our Financial Health Score, indicating moderate standing within its emerging companies peer group. The score is a 0-100 composite of six dimensions (Cash Runway, Dilution, R&D Intensity, Revenue Progress, Burn Trend, Balance Sheet), each ranked as a percentile relative to companies in the same scoring family (banks against banks, REITs against REITs, and so on) rather than across all industries. It rates the quality of the business, not whether the stock is fairly priced, and is not financial advice. Learn more in our complete guide to financial health indicators.