Sýn hf

IC:SYN Iceland Telecom Services
Market Cap
$37.66 Million
Ikr5.30 Billion ISK
Market Cap Rank
#25509 Global
#23 in Iceland
Share Price
Ikr21.40
Change (1 day)
+18.89%
52-Week Range
Ikr16.90 - Ikr33.00
All Time High
Ikr72.80
About

Sýn hf. provides telecommunications, media, and technology services in Iceland. The company offers television (TV) programs, telephone services, TV shows and episodes, streaming services, Internet packages, and subscriptions, as well as operates broadcast media. It operates under the Vodafone, Stöð 2, Stöð 2+, Stöð 2 Sport, Visi, Bylgjuna, FM957, and X977 brands. The company was formerly known as… Read more

Sýn hf (SYN) - Total Assets

Latest total assets as of September 2025: Ikr30.22 Billion ISK

Based on the latest financial reports, Sýn hf (SYN) holds total assets worth Ikr30.22 Billion ISK as of September 2025.

Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.

Sýn hf - Total Assets Trend (2013–2024)

This chart illustrates how Sýn hf’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.

Sýn hf - Asset Composition Analysis

Current Asset Composition (December 2024)

Sýn hf's total assets of Ikr30.22 Billion consist of 21.5% current assets and 78.5% non-current assets.

Asset Category Amount (ISK) % of Total Assets
Cash & Equivalents Ikr0.00 0.9%
Accounts Receivable Ikr3.26 Billion 10.5%
Inventory Ikr347.00 Million 1.1%
Property, Plant & Equipment Ikr0.00 0.0%
Intangible Assets Ikr5.25 Billion 16.9%
Goodwill Ikr7.82 Billion 25.2%

Asset Composition Trend (2013–2024)

This chart illustrates how Sýn hf's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Sýn hf's current assets represent 21.5% of total assets in 2024, a decrease from 22.3% in 2013.
  • Cash Position: Cash and equivalents constituted 0.9% of total assets in 2024, down from 2.2% in 2013.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 41.0% of total assets, a decrease from 45.0% in 2013.
  • Asset Diversification: The largest asset category is goodwill at 25.2% of total assets.

Sýn hf Competitors by Total Assets

Key competitors of Sýn hf based on total assets are shown below.

Company Country Total Assets
XOX Technology Bhd
KLSE:0017
Malaysia RM95.64 Million
Beijing Bewinner Communications Co Ltd
SHE:002148
China CN¥1.41 Billion
Net263 Ltd
SHE:002467
China CN¥2.46 Billion
Runjian Communication Co Ltd Class A
SHE:002929
China CN¥21.50 Billion
Redtone International Bhd
KLSE:0032
Malaysia RM403.21 Million
Inscobee
KO:006490
Korea ₩77.14 Billion
Green Packet Bhd
KLSE:0082
Malaysia RM167.93 Million
mTouche Technology Bhd
KLSE:0092
Malaysia RM83.52 Million

Sýn hf - Asset Efficiency Metrics

Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.

Asset Turnover Ratio

Measures how efficiently a company uses its assets to generate sales

Historical Range: 0.56 - 0.93

Moderate asset utilization - Sýn hf generates 0.70x its asset value in annual revenue.

Return on Assets (ROA)

Measures how efficiently a company uses its assets to generate profits

Historical Range: -5.47% - 8.32%

Negative ROA - Sýn hf is currently not profitable relative to its asset base.

Sýn hf - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 1.17 1.04 0.82
Quick Ratio 1.14 1.00 0.79
Cash Ratio 0.00 0.00 0.00
Working Capital Ikr1.22 Billion Ikr 313.00 Million Ikr -1.43 Billion

Sýn hf - Advanced Valuation Insights

This section examines the relationship between Sýn hf's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 0.56
Latest Market Cap to Assets Ratio 0.00
Asset Growth Rate (YoY) -11.1%
Total Assets Ikr31.05 Billion
Market Capitalization $19.81 Million USD

Valuation Analysis

Below Book Valuation: The market values Sýn hf's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.

Significant Asset Reduction: Sýn hf's assets decreased by 11.1% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.

Annual Total Assets for Sýn hf (2013–2024)

The table below shows the annual total assets of Sýn hf from 2013 to 2024.

Year Total Assets Change
2024-12-31 Ikr31.05 Billion -11.12%
2023-12-31 Ikr34.94 Billion +2.97%
2022-12-31 Ikr33.93 Billion -7.05%
2021-12-31 Ikr36.50 Billion +18.27%
2020-12-31 Ikr30.86 Billion -3.49%
2019-12-31 Ikr31.98 Billion +18.39%
2018-12-31 Ikr27.01 Billion +6.44%
2017-12-31 Ikr25.38 Billion +72.79%
2016-12-31 Ikr14.69 Billion -5.09%
2015-12-31 Ikr15.47 Billion -0.40%
2014-12-31 Ikr15.54 Billion +1.13%
2013-12-31 Ikr15.36 Billion --