Syntel Inc (SYNT) Financial Statements (2024 and earlier)

Company Profile

Business Address 525 EAST BIG BEAVER ROAD
TROY, MI 48083
State of Incorp. MI
Fiscal Year End December 31
Industry (SIC) 7371 - Computer Programming Services (benchmarking)
More info Complete Financial Analysis Financial Benchmarking

Balance Sheet (Statement of Financial Position) ($ in thousands)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
ASSETS
Current Assets
Cash, cash equivalents, and short-term investments72,513122,495109,03587,00974,06299,946
Cash and cash equivalents41,37395,99475,41757,44746,88678,332
Short-term investments31,14026,50133,61829,56227,17621,614
Receivables126,619115,052109,341106,060121,850118,299
Other current assets36,00629,48430,21333,35242,43536,306
Other undisclosed current assets26,65124,99526,46521,31919,49625,039
Total current assets:261,789292,026275,054247,740257,843279,590
Noncurrent Assets
Property, plant and equipment103,255106,298105,100107,205109,241106,476
Intangible assets, net (including goodwill)906906906906906906
Goodwill906906906906906906
Other undisclosed noncurrent assets86,49484,48679,97078,25575,57867,571
Total noncurrent assets:190,655191,690185,976186,366185,725174,953
TOTAL ASSETS:452,444483,716461,030434,106443,568454,543
LIABILITIES AND EQUITY
Liabilities
Current Liabilities
Accounts payable and accrued liabilities113,610107,359103,23799,66298,830103,404
Taxes payable32,81021,10018,72119,61117,62615,195
Employee-related liabilities45,08451,49751,33949,13150,32656,650
Accounts payable12,68411,6322,2929,75610,61110,760
Accrued liabilities23,03223,13030,88521,16420,26720,799
Debt26,11724,26826,09020,44918,58321,264
Deferred revenue and credits2,9653,2403,4324,8275,9117,973
Total current liabilities:142,692134,867132,759124,938123,324132,641
Noncurrent Liabilities
Long-term debt and lease obligation246,997334,446361,895377,468428,042478,616
Long-term debt, excluding current maturities246,997334,446361,895377,468428,042478,616
Liabilities, other than long-term debt  11,145   10,073
Deferred tax liabilities, net  11,145   10,073
Other undisclosed noncurrent liabilities28,68816,18029,99228,95328,35616,300
Total noncurrent liabilities:275,685361,771391,887406,421456,398504,989
Total liabilities:418,377496,638524,646531,359579,722637,630
Equity
Equity, attributable to parent, including:34,067(12,922)(63,616)(97,253)(136,154)(183,087)
Common stock  1   1
Treasury stock, value  (26,163)   (9,990)
Additional paid in capital  67,422   67,422
Accumulated other comprehensive loss  (241,641)   (254,905)
Retained earnings (accumulated deficit)  135,620   (30,648)
Other undisclosed equity, attributable to parent34,06751,839(63,616)(97,253)(136,154)45,033
Total equity:34,067(12,922)(63,616)(97,253)(136,154)(183,087)
TOTAL LIABILITIES AND EQUITY:452,444483,716461,030434,106443,568454,543

Income Statement (P&L) ($ in thousands)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
Revenues245,345239,808231,340226,811225,869237,887
Cost of revenue(154,091)(140,772)(143,219)(145,351)(143,447)(142,354)
Gross profit:91,25499,03688,12181,46082,42295,533
Operating expenses(26,986)(29,173)(27,160)(28,699)(30,291)(31,060)
Operating income:64,26869,86360,96152,76152,13164,473
Nonoperating income (expense)(2,804)(3,578)(2,521)(2,754)843(2,110)
Investment income, nonoperating  (807)    
Gain (loss), foreign currency transaction, before tax (630)(695)  3,723 
Other nonoperating expense(2,174)(2,076)(2,521)(2,754)(2,880)(2,110)
Other undisclosed income (loss) from continuing operations before equity method investments, income taxes 6301,502  (3,723) 
Income from continuing operations before income taxes:62,09467,78758,44050,00749,25162,363
Income tax expense(16,455)(25,384)(9,607)(13,355)(10,871)(14,372)
Income from continuing operations:45,63942,40348,83336,65238,38047,991
Income before gain (loss) on sale of properties:45,63942,40348,83336,65238,38047,991
Net income available to common stockholders, diluted:45,63942,40348,83336,65238,38047,991

Comprehensive Income ($ in thousands)

6/30/2018
Q2
3/31/2018
Q1
12/31/2017
Q4
9/30/2017
Q3
6/30/2017
Q2
3/31/2017
Q1
12/31/2016
Q4
Net income:45,63942,40348,83336,65238,38047,991
Other comprehensive income (loss)(431)1,694282414(19,293)
Comprehensive income:45,20844,09748,86136,67638,39428,698
Other undisclosed comprehensive income (loss), net of tax, attributable to parent785,026(906)5986,78617,756
Comprehensive income, net of tax, attributable to parent:45,28649,12347,95537,27445,18046,454

Statements Sources

The financial statements are based on the Company's filings with the U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.

Login to ReadyRatios

 

Have you forgotten your password?

Are you a new user?

Login As
You can log in if you are registered at one of these services: