SYLA Technologies Co., Ltd. (SYT) Key Metrics
SYT key metrics, 2020–2024
Fiscal year ended December 31, 2024 · Japanese yenSYT returns How much profit the business earns on the capital it uses.
SYT financial health Debt, liquidity and how easily interest is covered.
SYT efficiency & capital use Working capital cycle and where the cash goes.
SYT returns on capital
Net income (ROE, ROA) or after-tax operating income (ROIC) divided by the average of the opening and closing balance.
SYT debt vs cash
Debt includes short- and long-term borrowings and, where reported, lease liabilities.
SYT cash returned to shareholders
SYT key metrics in Japanese yen
2020–2024| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Returns & profitability | |||||
| Return on equity (ROE) | 12.3% | 9.5% | 7.1% | 5.7% | 9.8% |
| Return on invested capital (ROIC) | 4.5% | 4.0% | 2.0% | 2.6% | 3.8% |
| Return on assets (ROA) | 2.5% | 2.0% | 1.5% | 1.4% | 2.3% |
| Return on tangible assets | 2.4% | 1.7% | 1.4% | 1.3% | 2.3% |
| Free cash flow margin | −32.2% | −44.4% | −25.3% | −10.8% | −10.4% |
| Income quality (OCF / net income) | −5.42 | −9.30 | −8.61 | 0.09 | 0.62 |
| Financial health | |||||
| Total debt | ¥32.36B | ¥25.85B | ¥19.93B | ¥14.01B | ¥12.44B |
| Cash & short-term investments | ¥2.56B | ¥4.34B | ¥2.70B | ¥3.06B | ¥3.30B |
| Net debt | ¥29.80B | ¥21.51B | ¥17.23B | ¥10.95B | ¥9.13B |
| Debt / equity | 3.36 | 3.05 | 3.37 | 2.67 | 2.79 |
| Debt / assets | 0.67 | 0.64 | 0.67 | 0.65 | 0.67 |
| Net debt / EBITDA | 10.98 | 12.35 | 15.86 | 13.13 | 8.86 |
| Current ratio | 2.38 | 1.88 | 2.79 | 2.16 | 1.89 |
| Quick ratio | 0.37 | 0.48 | 0.74 | 0.92 | 0.94 |
| Working capital | ¥16.01B | ¥10.59B | ¥9.17B | ¥4.80B | ¥3.87B |
| Invested capital | ¥39.44B | ¥30.00B | ¥23.15B | ¥16.20B | ¥13.59B |
| Tangible asset value | ¥11.87B | ¥10.32B | ¥5.64B | ¥4.82B | ¥4.39B |
| Net current asset value | −¥7.75B | −¥6.32B | −¥8.93B | −¥6.94B | −¥6.02B |
| Capital allocation | |||||
| Dividends paid | ¥73.2M | ¥34.8M | ¥11.9M | ¥4.6M | ¥3.4M |
| Share buybacks (net) | ¥9.0M | ¥13.6M | ¥0 | ¥0 | ¥0 |
| Dividend payout ratio | 6.6% | 5.1% | 3.0% | 1.6% | 0.8% |
| Capex / revenue | 12.6% | 16.5% | 9.9% | 11.0% | 12.4% |
| Capex / operating cash flow | — | — | — | 7,282.8% | 607.0% |
| Capex / depreciation | 9.54 | 12.49 | 7.07 | 12.05 | 11.44 |
| Stock-based compensation / revenue | 0.0% | 0.9% | 0.0% | 0.1% | 0.0% |
| SG&A / revenue | 12.0% | 15.7% | 10.2% | 12.4% | 12.2% |
| Efficiency | |||||
| Days sales outstanding | 3.1 | 1.8 | 0.8 | 0.7 | 1.0 |
| Days of inventory on hand | 302.3 | 290.3 | 154.8 | 125.0 | 145.7 |
| Days payables outstanding | 13.6 | 14.3 | 8.9 | 7.7 | 6.7 |
| Cash conversion cycle (days) | 291.9 | 277.8 | 146.6 | 117.9 | 140.0 |
| Receivables turnover | 117.17 | 197.37 | 464.27 | 540.87 | 382.13 |
| Payables turnover | 26.89 | 25.56 | 40.82 | 47.18 | 54.58 |
| Inventory turnover | 1.21 | 1.26 | 2.36 | 2.92 | 2.50 |
| Asset turnover | 0.70 | 0.65 | 0.86 | 0.83 | 0.70 |
| Average receivables | ¥263.5M | ¥115.2M | ¥47.5M | ¥30.8M | ¥34.4M |
| Average payables | ¥902.4M | ¥673.3M | ¥452.0M | ¥286.5M | ¥189.2M |
| Average inventory | ¥20.10B | ¥13.68B | ¥7.83B | ¥4.63B | ¥4.12B |
| Intangibles / total assets | 2.0% | 2.2% | 3.1% | 3.6% | 0.4% |
Computed from SYT's annual financial statements (latest annual report filed April 30, 2025) and the closing share price on each fiscal year-end, adjusted for stock splits. Figures in Japanese yen; data from EODHD. Averages use the opening and closing balance of each year.
SYT valuation and financial ratios
SYLA Technologies Co. Ltd. earned a return on equity of 12.3% and a return on invested capital of 4.5% in fiscal 2024. It ended the year with ¥32.4 billion of debt and ¥2.6 billion in cash and short-term investments, net debt of ¥29.8 billion. It returned ¥82.2 million to shareholders: ¥73.2 million in dividends and ¥9.0 million in share buybacks.
See the SYT income statement, the SYT chart for price history, or the SYT stock overview for the latest quote and news.
SYT key metrics FAQ
What is SYLA Technologies Co. Ltd.'s return on equity?
SYLA Technologies Co. Ltd.'s return on equity (ROE) was 12.3% in fiscal 2024: net income of ¥1.1 billion on average shareholders' equity of ¥9.1 billion.
What is SYLA Technologies Co. Ltd.'s ROIC?
SYLA Technologies Co. Ltd.'s return on invested capital was 4.5% in fiscal 2024, using after-tax operating income divided by average debt plus equity minus cash.
How much debt does SYLA Technologies Co. Ltd. have?
SYLA Technologies Co. Ltd. had total debt of ¥32.4 billion at the end of fiscal 2024, a debt-to-equity ratio of 3.36 and ¥29.8 billion of net debt (10.98 times EBITDA).
Does SYLA Technologies Co. Ltd. buy back its shares?
Yes. SYLA Technologies Co. Ltd. spent ¥9.0 million on net share repurchases in fiscal 2024.
What is SYLA Technologies Co. Ltd.'s current ratio?
SYLA Technologies Co. Ltd.'s current ratio was 2.38 at the end of fiscal 2024: current assets were 2.38 times current liabilities.