SSE Balance Sheet Health
Financial Health criteria checks 3/6
SSE has a total shareholder equity of £10.7B and total debt of £8.6B, which brings its debt-to-equity ratio to 80.6%. Its total assets and total liabilities are £26.1B and £15.4B respectively. SSE's EBIT is £1.2B making its interest coverage ratio 5. It has cash and short-term investments of £902.4M.
Key information
80.6%
Debt to equity ratio
UK£8.64b
Debt
Interest coverage ratio | 5x |
Cash | UK£902.40m |
Equity | UK£10.72b |
Total liabilities | UK£15.39b |
Total assets | UK£26.11b |
Recent financial health updates
Is SSE (LON:SSE) Using Too Much Debt?
Dec 26SSE (LON:SSE) Is Making Moderate Use Of Debt
Sep 02SSE (LON:SSE) Seems To Use Debt Quite Sensibly
Jun 12We Think SSE (LON:SSE) Can Stay On Top Of Its Debt
Dec 30SSE (LON:SSE) Seems To Use Debt Quite Sensibly
Sep 24Recent updates
We Like These Underlying Return On Capital Trends At SSE (LON:SSE)
Mar 11Estimating The Intrinsic Value Of SSE plc (LON:SSE)
Feb 11SSE plc (LON:SSE) Not Lagging Market On Growth Or Pricing
Jan 15SSE's (LON:SSE) Dividend Will Be Reduced To £0.20
Jan 02Is SSE (LON:SSE) Using Too Much Debt?
Dec 26SSE (LON:SSE) Is Paying Out Less In Dividends Than Last Year
Dec 13SSE (LON:SSE) Shareholders Will Want The ROCE Trajectory To Continue
Nov 30Calculating The Fair Value Of SSE plc (LON:SSE)
Sep 24SSE (LON:SSE) Is Making Moderate Use Of Debt
Sep 02SSE (LON:SSE) Is Paying Out A Larger Dividend Than Last Year
Jul 25SSE's (LON:SSE) Shareholders Will Receive A Bigger Dividend Than Last Year
Jul 02SSE's (LON:SSE) Dividend Will Be Increased To £0.677
Jun 18SSE (LON:SSE) Will Pay A Larger Dividend Than Last Year At £0.677
May 27There Are Reasons To Feel Uneasy About SSE's (LON:SSE) Returns On Capital
Mar 16Analysts Just Shipped A Meaningful Upgrade To Their SSE plc (LON:SSE) Estimates
Jan 26A Look At The Fair Value Of SSE plc (LON:SSE)
Jan 15SSE (LON:SSE) Is Increasing Its Dividend To £0.29
Dec 31SSE's (LON:SSE) Dividend Will Be Increased To £0.29
Dec 17SSE's (LON:SSE) Shareholders Will Receive A Bigger Dividend Than Last Year
Dec 03SSE's (LON:SSE) Dividend Will Be Increased To £0.29
Nov 19If EPS Growth Is Important To You, SSE (LON:SSE) Presents An Opportunity
Sep 06Returns Are Gaining Momentum At SSE (LON:SSE)
Aug 22SSE (LON:SSE) Will Pay A Larger Dividend Than Last Year At UK£0.60
Jul 05A Look At The Fair Value Of SSE plc (LON:SSE)
Jul 03SSE (LON:SSE) Will Pay A Larger Dividend Than Last Year At UK£0.60
Jun 19SSE (LON:SSE) Seems To Use Debt Quite Sensibly
Jun 12Should You Be Adding SSE (LON:SSE) To Your Watchlist Today?
May 29SSE (LON:SSE) Is Increasing Its Dividend To UK£0.60
May 29There's Been No Shortage Of Growth Recently For SSE's (LON:SSE) Returns On Capital
Apr 22A Look At The Intrinsic Value Of SSE plc (LON:SSE)
Mar 15Should You Be Adding SSE (LON:SSE) To Your Watchlist Today?
Feb 16Returns Are Gaining Momentum At SSE (LON:SSE)
Jan 22SSE (LON:SSE) Is Paying Out A Larger Dividend Than Last Year
Jan 02We Think SSE (LON:SSE) Can Stay On Top Of Its Debt
Dec 30SSE (LON:SSE) Will Pay A Larger Dividend Than Last Year At UK£0.26
Dec 18SSE's (LON:SSE) Dividend Will Be Increased To UK£0.26
Dec 04SSE's (LON:SSE) Shareholders Will Receive A Bigger Dividend Than Last Year
Nov 20Do SSE's (LON:SSE) Earnings Warrant Your Attention?
Nov 16SSE (LON:SSE) Seems To Use Debt Quite Sensibly
Sep 24Do SSE's (LON:SSE) Earnings Warrant Your Attention?
Aug 08Returns On Capital At SSE (LON:SSE) Have Hit The Brakes
Jul 07Are Investors Undervaluing SSE plc (LON:SSE) By 41%?
Jun 22Financial Position Analysis
Short Term Liabilities: SSE's short term assets (£4.1B) do not cover its short term liabilities (£4.5B).
Long Term Liabilities: SSE's short term assets (£4.1B) do not cover its long term liabilities (£10.9B).
Debt to Equity History and Analysis
Debt Level: SSE's net debt to equity ratio (72.2%) is considered high.
Reducing Debt: SSE's debt to equity ratio has reduced from 207.2% to 80.6% over the past 5 years.
Debt Coverage: SSE's debt is well covered by operating cash flow (34.9%).
Interest Coverage: SSE's interest payments on its debt are well covered by EBIT (5x coverage).