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SYNA - Synaptics Incorporated

NASDAQ -> Technology -> Semiconductors
San Jose, United States
Type: Equity

SYNA price evolution
SYNA
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Current assets
Cash $846.1 $801.3 $924.7 $898
Short term investments $2.6 $23.1 $9.6 $35.9
Net receivables $126.6 $111.2 $163.9 $218.2
Inventory $125.1 $131.7 $137.2 $147.8
Total current assets $1147.4 $1108.6 $1272 $1334.3
Long term investments
Property, plant & equipment $116.9 $115.2 $115.4 $120.2
Goodwill & intangible assets $1086.8 $1105.1 $1114.9 $1147.8
Total noncurrent assets $1425.9 $1440.1 $1339.4 $1380.4
Total investments $2.6 $23.1 $9.6 $35.9
Total assets $2573.3 $2548.7 $2611.4 $2714.7
Current liabilities
Accounts payable $83 $63.9 $45.8 $60.8
Deferred revenue
Short long term debt $6 $6 $6 $6
Total current liabilities $253.3 $245.5 $260.1 $268.9
Long term debt $968.7 $969.6 $972 $972.9
Total noncurrent liabilities $1099.7 $1098.9 $1107.9 $1124.7
Total debt $974.7 $975.6 $978 $978.9
Total liabilities $1353 $1344.4 $1368 $1393.6
Shareholders' equity
Retained earnings $1047.5 $1056.5 $1112.1 $1135.5
Other shareholder equity $0.2 $0.1 -$1.1
Total shareholder equity $1220.3 $1204.3 $1243.4 $1321.1
(in millions $) 31 Jan 2024 30 Jul 2022 31 Dec 2021 31 Dec 2020
Current assets
Cash $924.7 $824 $836.3 $763.4
Short term investments $9.6 $52
Net receivables $163.9 $322.1 $228.3 $195.3
Inventory $137.2 $169.7 $82 $102
Total current assets $1272 $1403.4 $1179.7 $1077.6
Long term investments
Property, plant & equipment $115.4 $62.9 $91.2 $84.3
Goodwill & intangible assets $1114.9 $1196.6 $871.5 $454.2
Total noncurrent assets $1339.4 $1454.7 $1047.1 $616.2
Total investments $9.6 $52
Total assets $2611.4 $2858.1 $2226.8 $1693.8
Current liabilities
Accounts payable $45.8 $141.8 $97.6 $60.6
Deferred revenue
Short long term debt $6 $6 $487.1
Total current liabilities $260.1 $463.4 $786.7 $244.1
Long term debt $972 $975.7 $394.4 $586.6
Total noncurrent liabilities $1107.9 $1128.3 $472.9 $630.6
Total debt $978 $981.7 $881.5 $586.6
Total liabilities $1368 $1591.7 $1259.6 $874.7
Shareholders' equity
Retained earnings $1112.1 $1038.5 $781 $701.4
Other shareholder equity -$1.8 -$0.4 $0.4
Total shareholder equity $1243.4 $1266.4 $967.2 $819.1
(in millions $) 31 Jan 2024 30 Sep 2023 30 Jun 2023 31 Mar 2023
Revenue
Total revenue $237.7 $227.3 $326.6
Cost of revenue $130.6 $126.1 $154.3
Gross Profit $107.1 $101.2 $172.3
Operating activities
Research & development $86.5 $84.5 $87.9
Selling, general & administrative $42.3 $46.2 $41.7
Total operating expenses $142.3 $139.2 $138.1
Operating income -$35.2 -$38 $34.2
Income from continuing operations
EBIT -$35.2 -$10.8 $34.2
Income tax expense $15 -$20.9 $16.8
Interest expense $5.4 $33.5 $7
Net income
Net income -$55.6 -$23.4 $10.4
Income (for common shares) -$55.6 -$23.4 $10.4
(in millions $) 31 Jan 2024 30 Jul 2022 31 Dec 2021 31 Dec 2020
Revenue
Total revenue $1739.7 $1339.6 $1333.9
Cost of revenue $728.4 $790.8
Gross Profit $943.1 $611.2 $543.1
Operating activities
Research & development $313.4 $302.5
Selling, general & administrative $144.9 $127
Total operating expenses $574.4 $464.2 $369.1
Operating income $147 $174
Income from continuing operations
EBIT $140.5 $179.9
Income tax expense $64.6 $31.4 $38.6
Interest expense -$29 $29.5 $22.5
Net income
Net income $257.5 $79.6 $118.8
Income (for common shares) $79.6 $118.8
(in millions $) 31 Dec 2023 30 Sep 2023 30 Jun 2023 31 Mar 2023
Net income -$9 -$55.6 -$23.4 $10.4
Operating activities
Depreciation $25.1 $30.5 $42.5 $42.1
Business acquisitions & disposals
Stock-based compensation $29.2 $33.2 $30.3 $29.8
Total cash flows from operations $39.2 $45.4 $94.5 $108.5
Investing activities
Capital expenditures -$10.4 -$6.7 -$5.2 -$13.5
Investments $20.7 -$13.4 $27.3 $4.4
Total cash flows from investing $10.3 -$150.1 $22.1 -$9.3
Financing activities
Dividends paid
Sale and purchase of stock $8.5 -$83.4 -$16.8
Net borrowings -$1.5 -$3 -$1.5 -$1.5
Total cash flows from financing -$5.8 -$18.1 -$87.1 -$19.2
Effect of exchange rate $1.1 -$0.6 -$2.8 -$0.8
Change in cash and equivalents $44.8 -$123.4 $26.7 $79.2
(in millions $) 31 Dec 2023 30 Jul 2022 31 Dec 2021 31 Dec 2020
Net income $73.6 $79.6 $118.8
Operating activities
Depreciation $167.5 $131.7 $78.1
Business acquisitions & disposals -$15.5 -$626.5
Stock-based compensation $122 $66.1 $49.3
Total cash flows from operations $331.5 $319.2 $221.8
Investing activities
Capital expenditures -$34 $13.1 $122.4
Investments $44.4 $90.8
Total cash flows from investing -$6 -$456.4 -$522.6 $119.9
Financing activities
Dividends paid
Sale and purchase of stock -$165.9 $27.8 $4.3
Net borrowings -$6 $274.5 $99.3
Total cash flows from financing -$221.3 $14.3 $274.1 $93.9
Effect of exchange rate -$3.5 -$6.6 $2.2
Change in cash and equivalents $100.7 -$12.3 $72.9 $435.6
Fundamentals
Market cap $3.88B
Enterprise value $4.01B
Shares outstanding 39.29M
Revenue N/A
EBITDA N/A
EBIT N/A
Net Income N/A
Revenue Q/Q N/A
Revenue Y/Y N/A
P/E ratio N/A
EV/Sales N/A
EV/EBITDA N/A
EV/EBIT N/A
P/S ratio N/A
P/B ratio 3.18
Book/Share 31.06
Cash/Share 21.54
EPS N/A
ROA N/A
ROE N/A
Debt/Equity 1.10
Net debt/EBITDA N/A
Current ratio 4.53
Quick ratio 4.04