SEEK Balance Sheet Health

Financial Health criteria checks 4/6

SEEK has a total shareholder equity of A$2.6B and total debt of A$1.2B, which brings its debt-to-equity ratio to 47.9%. Its total assets and total liabilities are A$4.8B and A$2.2B respectively. SEEK's EBIT is A$299.2M making its interest coverage ratio 4.4. It has cash and short-term investments of A$255.9M.

Key information

47.9%

Debt to equity ratio

AU$1.24b

Debt

Interest coverage ratio4.4x
CashAU$255.90m
EquityAU$2.58b
Total liabilitiesAU$2.17b
Total assetsAU$4.75b

Recent financial health updates

Recent updates

Here's Why It's Unlikely That SEEK Limited's (ASX:SEK) CEO Will See A Pay Rise This Year

Nov 12
Here's Why It's Unlikely That SEEK Limited's (ASX:SEK) CEO Will See A Pay Rise This Year

SEEK Limited's (ASX:SEK) Price Is Out Of Tune With Revenues

Nov 10
SEEK Limited's (ASX:SEK) Price Is Out Of Tune With Revenues

Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden

Oct 21
Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden

SEEK (ASX:SEK) Could Be Struggling To Allocate Capital

Aug 14
SEEK (ASX:SEK) Could Be Struggling To Allocate Capital

SEEK Limited's (ASX:SEK) Share Price Matching Investor Opinion

Jul 19
SEEK Limited's (ASX:SEK) Share Price Matching Investor Opinion

We Think SEEK (ASX:SEK) Is Taking Some Risk With Its Debt

May 25
We Think SEEK (ASX:SEK) Is Taking Some Risk With Its Debt

Be Wary Of SEEK (ASX:SEK) And Its Returns On Capital

Apr 30
Be Wary Of SEEK (ASX:SEK) And Its Returns On Capital

Should You Think About Buying SEEK Limited (ASX:SEK) Now?

Apr 18
Should You Think About Buying SEEK Limited (ASX:SEK) Now?

Revenues Not Telling The Story For SEEK Limited (ASX:SEK)

Mar 26
Revenues Not Telling The Story For SEEK Limited (ASX:SEK)

Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden

Feb 15
Here's Why SEEK (ASX:SEK) Has A Meaningful Debt Burden

Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)

Feb 03
Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)

SEEK Limited's (ASX:SEK) Business Is Trailing The Market But Its Shares Aren't

Dec 23
SEEK Limited's (ASX:SEK) Business Is Trailing The Market But Its Shares Aren't

Is It Too Late To Consider Buying SEEK Limited (ASX:SEK)?

Dec 11
Is It Too Late To Consider Buying SEEK Limited (ASX:SEK)?

Capital Allocation Trends At SEEK (ASX:SEK) Aren't Ideal

Nov 17
Capital Allocation Trends At SEEK (ASX:SEK) Aren't Ideal

Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)

Oct 23
Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)

Does SEEK (ASX:SEK) Have A Healthy Balance Sheet?

Sep 29
Does SEEK (ASX:SEK) Have A Healthy Balance Sheet?

SEEK's (ASX:SEK) Shareholders Will Receive A Bigger Dividend Than Last Year

Aug 19
SEEK's (ASX:SEK) Shareholders Will Receive A Bigger Dividend Than Last Year

At AU$25.80, Is It Time To Put SEEK Limited (ASX:SEK) On Your Watch List?

Aug 09
At AU$25.80, Is It Time To Put SEEK Limited (ASX:SEK) On Your Watch List?

Here's Why SEEK (ASX:SEK) Has Caught The Eye Of Investors

Jul 16
Here's Why SEEK (ASX:SEK) Has Caught The Eye Of Investors

Estimating The Fair Value Of SEEK Limited (ASX:SEK)

Jul 04
Estimating The Fair Value Of SEEK Limited (ASX:SEK)

These 4 Measures Indicate That SEEK (ASX:SEK) Is Using Debt Reasonably Well

Jun 17
These 4 Measures Indicate That SEEK (ASX:SEK) Is Using Debt Reasonably Well

Should You Think About Buying SEEK Limited (ASX:SEK) Now?

May 04
Should You Think About Buying SEEK Limited (ASX:SEK) Now?

SEEK (ASX:SEK) Could Be Struggling To Allocate Capital

Apr 22
SEEK (ASX:SEK) Could Be Struggling To Allocate Capital

Is Now The Time To Put SEEK (ASX:SEK) On Your Watchlist?

Mar 30
Is Now The Time To Put SEEK (ASX:SEK) On Your Watchlist?

SEEK (ASX:SEK) Seems To Use Debt Quite Sensibly

Mar 14
SEEK (ASX:SEK) Seems To Use Debt Quite Sensibly

A Look At The Fair Value Of SEEK Limited (ASX:SEK)

Feb 21
A Look At The Fair Value Of SEEK Limited (ASX:SEK)

When Should You Buy SEEK Limited (ASX:SEK)?

Jan 24
When Should You Buy SEEK Limited (ASX:SEK)?

Return Trends At SEEK (ASX:SEK) Aren't Appealing

Jan 12
Return Trends At SEEK (ASX:SEK) Aren't Appealing

With EPS Growth And More, SEEK (ASX:SEK) Makes An Interesting Case

Dec 03
With EPS Growth And More, SEEK (ASX:SEK) Makes An Interesting Case

Calculating The Fair Value Of SEEK Limited (ASX:SEK)

Nov 22
Calculating The Fair Value Of SEEK Limited (ASX:SEK)

At AU$20.28, Is SEEK Limited (ASX:SEK) Worth Looking At Closely?

Oct 15
At AU$20.28, Is SEEK Limited (ASX:SEK) Worth Looking At Closely?

Investors Met With Slowing Returns on Capital At SEEK (ASX:SEK)

Oct 03
Investors Met With Slowing Returns on Capital At SEEK (ASX:SEK)

Is SEEK (ASX:SEK) A Risky Investment?

Sep 04
Is SEEK (ASX:SEK) A Risky Investment?

Is SEEK Limited (ASX:SEK) Trading At A 26% Discount?

Aug 23
Is SEEK Limited (ASX:SEK) Trading At A 26% Discount?

What Does SEEK Limited's (ASX:SEK) Share Price Indicate?

Jun 22
What Does SEEK Limited's (ASX:SEK) Share Price Indicate?

The Returns At SEEK (ASX:SEK) Aren't Growing

Jun 07
The Returns At SEEK (ASX:SEK) Aren't Growing

SEEK (ASX:SEK) Seems To Use Debt Quite Sensibly

Apr 06
SEEK (ASX:SEK) Seems To Use Debt Quite Sensibly

Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)

Mar 21
Calculating The Intrinsic Value Of SEEK Limited (ASX:SEK)

SEEK (ASX:SEK) Hasn't Managed To Accelerate Its Returns

Mar 05
SEEK (ASX:SEK) Hasn't Managed To Accelerate Its Returns

At AU$29.44, Is It Time To Put SEEK Limited (ASX:SEK) On Your Watch List?

Feb 03
At AU$29.44, Is It Time To Put SEEK Limited (ASX:SEK) On Your Watch List?

SEEK (ASX:SEK) May Have Issues Allocating Its Capital

Nov 24
SEEK (ASX:SEK) May Have Issues Allocating Its Capital

Here's Why SEEK (ASX:SEK) Can Manage Its Debt Responsibly

Oct 12
Here's Why SEEK (ASX:SEK) Can Manage Its Debt Responsibly

Statutory Profit Doesn't Reflect How Good SEEK's (ASX:SEK) Earnings Are

Aug 30
Statutory Profit Doesn't Reflect How Good SEEK's (ASX:SEK) Earnings Are

Financial Position Analysis

Short Term Liabilities: SEK's short term assets (A$401.3M) do not cover its short term liabilities (A$465.1M).

Long Term Liabilities: SEK's short term assets (A$401.3M) do not cover its long term liabilities (A$1.7B).


Debt to Equity History and Analysis

Debt Level: SEK's net debt to equity ratio (38%) is considered satisfactory.

Reducing Debt: SEK's debt to equity ratio has reduced from 96.1% to 47.9% over the past 5 years.

Debt Coverage: SEK's debt is well covered by operating cash flow (26.6%).

Interest Coverage: SEK's interest payments on its debt are well covered by EBIT (4.4x coverage).


Balance Sheet


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