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 ratio | 4.4x |
| Cash | AU$255.90m |
| Equity | AU$2.58b |
| Total liabilities | AU$2.17b |
| Total assets | AU$4.75b |
Recent financial health updates
No updates
Recent updates
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).