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
Is SES (BDL:SESGL) A Risky Investment?
Aug 29
Is SES (BDL:SESGL) A Risky Investment?
Dec 11These 4 Measures Indicate That SES (BDL:SESGL) Is Using Debt Extensively
Jun 25We Think SES (BDL:SESGL) Is Taking Some Risk With Its Debt
Mar 09These 4 Measures Indicate That SES (BDL:SESGL) Is Using Debt Extensively
Sep 01Here's Why SES (BDL:SESGL) Has A Meaningful Debt Burden
Mar 26Recent updates
Is SES (BDL:SESGL) A Risky Investment?
Aug 29SES S.A.'s (BDL:SESGL) Price Is Out Of Tune With Revenues
Aug 02Some Shareholders Feeling Restless Over SES S.A.'s (BDL:SESGL) P/S Ratio
Apr 14Why SES S.A. (BDL:SESGL) Could Be Worth Watching
Mar 06These Return Metrics Don't Make SES (BDL:SESGL) Look Too Strong
Jan 24SES S.A.'s (BDL:SESGL) Share Price Not Quite Adding Up
Jan 03Is SES (BDL:SESGL) A Risky Investment?
Dec 11Is It Time To Consider Buying SES S.A. (BDL:SESGL)?
Oct 20These Return Metrics Don't Make SES (BDL:SESGL) Look Too Strong
Sep 18Is Now An Opportune Moment To Examine SES S.A. (BDL:SESGL)?
Jul 13These 4 Measures Indicate That SES (BDL:SESGL) Is Using Debt Extensively
Jun 25These Return Metrics Don't Make SES (BDL:SESGL) Look Too Strong
May 22What Does SES S.A.'s (BDL:SESGL) Share Price Indicate?
Mar 27We Think SES (BDL:SESGL) Is Taking Some Risk With Its Debt
Mar 09SES' (BDL:SESGL) Returns On Capital Tell Us There Is Reason To Feel Uneasy
Feb 09At €6.23, Is It Time To Put SES S.A. (BDL:SESGL) On Your Watch List?
Oct 19These 4 Measures Indicate That SES (BDL:SESGL) Is Using Debt Extensively
Sep 01SES (BDL:SESGL) Has Some Difficulty Using Its Capital Effectively
May 11Here's Why SES (BDL:SESGL) Has A Meaningful Debt Burden
Mar 26SES' (BDL:SESGL) Upcoming Dividend Will Be Larger Than Last Year's
Mar 05The Returns On Capital At SES (BDL:SESGL) Don't Inspire Confidence
Feb 07Why SES S.A. (BDL:SESGL) Could Be Worth Watching
Jan 12SES (BDL:SESGL) Has A Somewhat Strained Balance Sheet
Dec 23A Look At The Intrinsic Value Of SES S.A. (BDL:SESGL)
Dec 01Is SES S.A. (BDL:SESGL) Potentially Undervalued?
Sep 21Is SES (BDL:SESGL) Using Too Much Debt?
Aug 24Estimating The Intrinsic Value Of SES S.A. (BDL:SESGL)
Jul 02Is SES S.A. (BDL:SESGL) Potentially Undervalued?
Jun 03Financial Position Analysis
Short Term Liabilities: SESGL's short term assets (€3.0B) exceed its short term liabilities (€1.2B).
Long Term Liabilities: SESGL's short term assets (€3.0B) do not cover its long term liabilities (€4.4B).
Debt to Equity History and Analysis
Debt Level: SESGL's net debt to equity ratio (39.9%) is considered satisfactory.
Reducing Debt: SESGL's debt to equity ratio has increased from 65.9% to 96.7% over the past 5 years.
Debt Coverage: SESGL's debt is well covered by operating cash flow (93.1%).
Interest Coverage: SESGL's interest payments on its debt are well covered by EBIT (20.9x coverage).