SSE Balance Sheet Health
Financial Health criteria checks 3/6
SSE has a total shareholder equity of £12.1B and total debt of £9.2B, which brings its debt-to-equity ratio to 76%. Its total assets and total liabilities are £28.6B and £16.5B respectively. SSE's EBIT is £3.0B making its interest coverage ratio 24.3. It has cash and short-term investments of £890.8M.
Key information
76.0%
Debt to equity ratio
UK£9.18b
Debt
| Interest coverage ratio | 24.3x |
| Cash | UK£890.80m |
| Equity | UK£12.07b |
| Total liabilities | UK£16.51b |
| Total assets | UK£28.58b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SCTA's short term assets (£4.7B) do not cover its short term liabilities (£5.1B).
Long Term Liabilities: SCTA's short term assets (£4.7B) do not cover its long term liabilities (£11.4B).
Debt to Equity History and Analysis
Debt Level: SCTA's net debt to equity ratio (68.7%) is considered high.
Reducing Debt: SCTA's debt to equity ratio has reduced from 198.9% to 76% over the past 5 years.
Debt Coverage: SCTA's debt is well covered by operating cash flow (31.7%).
Interest Coverage: SCTA's interest payments on its debt are well covered by EBIT (24.3x coverage).