SEEK Balance Sheet Health
Financial Health criteria checks 3/6
SEEK has a total shareholder equity of A$2.6B and total debt of A$1.4B, which brings its debt-to-equity ratio to 52.7%. Its total assets and total liabilities are A$5.1B and A$2.5B respectively. SEEK's EBIT is A$350.2M making its interest coverage ratio 5. It has cash and short-term investments of A$237.0M.
Key information
52.7%
Debt to equity ratio
AU$1.37b
Debt
Interest coverage ratio | 5x |
Cash | AU$237.00m |
Equity | AU$2.60b |
Total liabilities | AU$2.46b |
Total assets | AU$5.06b |
Recent financial health updates
Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden
Feb 15Does SEEK (ASX:SEK) Have A Healthy Balance Sheet?
Sep 29These 4 Measures Indicate That SEEK (ASX:SEK) Is Using Debt Reasonably Well
Jun 17SEEK (ASX:SEK) Seems To Use Debt Quite Sensibly
Mar 14Is SEEK (ASX:SEK) A Risky Investment?
Sep 04SEEK (ASX:SEK) Seems To Use Debt Quite Sensibly
Apr 06Recent updates
Be Wary Of SEEK (ASX:SEK) And Its Returns On Capital
Apr 30Should You Think About Buying SEEK Limited (ASX:SEK) Now?
Apr 18Revenues Not Telling The Story For SEEK Limited (ASX:SEK)
Mar 26Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden
Feb 15Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)
Feb 03SEEK Limited's (ASX:SEK) Business Is Trailing The Market But Its Shares Aren't
Dec 23Is It Too Late To Consider Buying SEEK Limited (ASX:SEK)?
Dec 11Capital Allocation Trends At SEEK (ASX:SEK) Aren't Ideal
Nov 17Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)
Oct 23Does SEEK (ASX:SEK) Have A Healthy Balance Sheet?
Sep 29SEEK's (ASX:SEK) Shareholders Will Receive A Bigger Dividend Than Last Year
Aug 19At AU$25.80, Is It Time To Put SEEK Limited (ASX:SEK) On Your Watch List?
Aug 09Here's Why SEEK (ASX:SEK) Has Caught The Eye Of Investors
Jul 16Estimating The Fair Value Of SEEK Limited (ASX:SEK)
Jul 04These 4 Measures Indicate That SEEK (ASX:SEK) Is Using Debt Reasonably Well
Jun 17Should You Think About Buying SEEK Limited (ASX:SEK) Now?
May 04SEEK (ASX:SEK) Could Be Struggling To Allocate Capital
Apr 22Is Now The Time To Put SEEK (ASX:SEK) On Your Watchlist?
Mar 30SEEK (ASX:SEK) Seems To Use Debt Quite Sensibly
Mar 14A Look At The Fair Value Of SEEK Limited (ASX:SEK)
Feb 21When Should You Buy SEEK Limited (ASX:SEK)?
Jan 24Return Trends At SEEK (ASX:SEK) Aren't Appealing
Jan 12With EPS Growth And More, SEEK (ASX:SEK) Makes An Interesting Case
Dec 03Calculating The Fair Value Of SEEK Limited (ASX:SEK)
Nov 22At AU$20.28, Is SEEK Limited (ASX:SEK) Worth Looking At Closely?
Oct 15Investors Met With Slowing Returns on Capital At SEEK (ASX:SEK)
Oct 03Is SEEK (ASX:SEK) A Risky Investment?
Sep 04Is SEEK Limited (ASX:SEK) Trading At A 26% Discount?
Aug 23What Does SEEK Limited's (ASX:SEK) Share Price Indicate?
Jun 22The Returns At SEEK (ASX:SEK) Aren't Growing
Jun 07SEEK (ASX:SEK) Seems To Use Debt Quite Sensibly
Apr 06Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)
Mar 21SEEK (ASX:SEK) Hasn't Managed To Accelerate Its Returns
Mar 05At AU$29.44, Is It Time To Put SEEK Limited (ASX:SEK) On Your Watch List?
Feb 03SEEK (ASX:SEK) May Have Issues Allocating Its Capital
Nov 24Here's Why SEEK (ASX:SEK) Can Manage Its Debt Responsibly
Oct 12Statutory Profit Doesn't Reflect How Good SEEK's (ASX:SEK) Earnings Are
Aug 30A Look At The Intrinsic Value Of SEEK Limited (ASX:SEK)
Jul 31Should You Investigate SEEK Limited (ASX:SEK) At AU$31.94?
Jul 10SEEK (ASX:SEK) Takes On Some Risk With Its Use Of Debt
Jun 19Financial Position Analysis
Short Term Liabilities: SEK's short term assets (A$404.7M) do not cover its short term liabilities (A$446.7M).
Long Term Liabilities: SEK's short term assets (A$404.7M) do not cover its long term liabilities (A$2.0B).
Debt to Equity History and Analysis
Debt Level: SEK's net debt to equity ratio (43.6%) is considered high.
Reducing Debt: SEK's debt to equity ratio has reduced from 87.6% to 52.7% over the past 5 years.
Debt Coverage: SEK's debt is well covered by operating cash flow (23.3%).
Interest Coverage: SEK's interest payments on its debt are well covered by EBIT (5x coverage).