Synnex Corporation (SNX)

The solvency ratios of TD Synnex Corp indicate a favorable trend in the company's ability to meet its long-term financial obligations. The debt-to-assets ratio has remained relatively stable over the years, indicating that the company has maintained a low level of debt compared to its total assets. Similarly, the debt-to-capital and debt-to-equity ratios have shown a declining trend, signifying a reduction in the reliance on debt financing in relation to the company's capital and equity.

Furthermore, the financial leverage ratio has also improved over the years, suggesting a decrease in the proportion of debt in the company's capital structure. This indicates a strengthened solvency position and reduced financial risk for the company.

Overall, based on these solvency ratios, TD Synnex Corp has demonstrated an improving ability to meet its long-term debt obligations and has shown a positive trajectory in managing its solvency position.

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Coverage ratios

I'm sorry, but I cannot provide an analysis of TD Synnex Corp's interest coverage based on the data provided because the interest coverage ratio formula requires the earnings before interest and taxes (EBIT) and the interest expenses for the period, and the table does not include this data. In order to calculate the interest coverage ratio, I would need access to the specific financial figures for EBIT and interest expenses for each of the years listed in the table. Once that information is provided, I'd be happy to perform the analysis for you.