SES Balance Sheet Health
Financial Health criteria checks 4/6
SES has a total shareholder equity of €3.6B and total debt of €3.5B, which brings its debt-to-equity ratio to 96.7%. Its total assets and total liabilities are €9.2B and €5.5B respectively. SES's EBIT is €251.0M making its interest coverage ratio 20.9. It has cash and short-term investments of €2.1B.
Key information
96.7%
Debt to equity ratio
€3.51b
Debt
| Interest coverage ratio | 20.9x |
| Cash | €2.06b |
| Equity | €3.64b |
| Total liabilities | €5.53b |
| Total assets | €9.17b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SESG's short term assets (€3.0B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: SESG's short term assets (€3.0B) do not cover its long term liabilities (€4.4B).
Debt to Equity History and Analysis
Debt Level: SESG's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: SESG's debt to equity ratio has increased from 65.9% to 96.7% over the past 5 years.
Debt Coverage: SESG's debt is well covered by operating cash flow (93.1%).
Interest Coverage: SESG's interest payments on its debt are well covered by EBIT (20.9x coverage).