Seeka Balance Sheet Health
Financial Health criteria checks 3/6
Seeka has a total shareholder equity of NZ$277.6M and total debt of NZ$175.0M, which brings its debt-to-equity ratio to 63%. Its total assets and total liabilities are NZ$625.6M and NZ$348.0M respectively. Seeka's EBIT is NZ$27.6M making its interest coverage ratio 1.5. It has cash and short-term investments of NZ$4.1M.
Key information
63.0%
Debt to equity ratio
NZ$174.99m
Debt
| Interest coverage ratio | 1.5x |
| Cash | NZ$4.12m |
| Equity | NZ$277.62m |
| Total liabilities | NZ$347.96m |
| Total assets | NZ$625.58m |
Recent financial health updates
Does Seeka (NZSE:SEK) Have A Healthy Balance Sheet?
Aug 24
Is Seeka (NZSE:SEK) A Risky Investment?
Jun 02Is Seeka (NZSE:SEK) Using Too Much Debt?
Feb 27Recent updates
Here's Why Shareholders May Want To Be Cautious With Increasing Seeka Limited's (NZSE:SEK) CEO Pay Packet
Oct 09Seeka Limited (NZSE:SEK) Could Be Riskier Than It Looks
May 09Market Cool On Seeka Limited's (NZSE:SEK) Revenues
Jan 23Does Seeka (NZSE:SEK) Have A Healthy Balance Sheet?
Aug 24One Analyst Just Downgraded Their Seeka Limited (NZSE:SEK) Outlook
Apr 21This Broker Just Slashed Their Seeka Limited (NZSE:SEK) Earnings Forecasts
Mar 02Broker Revenue Forecasts For Seeka Limited (NZSE:SEK) Are Surging Higher
Aug 20One Seeka Limited (NZSE:SEK) Analyst Just Cut Their EPS Forecasts
Jun 24Is Seeka (NZSE:SEK) A Risky Investment?
Jun 02Does Seeka (NZSE:SEK) Deserve A Spot On Your Watchlist?
Apr 06Should You Buy Seeka Limited (NZSE:SEK) For Its Dividend?
Mar 18Here's What We Like About Seeka's (NZSE:SEK) Upcoming Dividend
Feb 28Is Seeka (NZSE:SEK) Using Too Much Debt?
Feb 27What Type Of Returns Would Seeka's (NZSE:SEK) Shareholders Have Received Over The Course Of The Last Three Years?
Jan 31
Is Seeka Limited's (NZSE:SEK) Shareholder Ownership Skewed Towards Insiders?
Jan 10Seeka Limited's (NZSE:SEK) Stock On An Uptrend: Could Fundamentals Be Driving The Momentum?
Dec 24How Does Seeka Limited (NZSE:SEK) Fare As A Dividend Stock?
Dec 09Estimating The Intrinsic Value Of Seeka Limited (NZSE:SEK)
Nov 21Financial Position Analysis
Short Term Liabilities: SEK's short term assets (NZ$148.2M) exceed its short term liabilities (NZ$119.4M).
Long Term Liabilities: SEK's short term assets (NZ$148.2M) do not cover its long term liabilities (NZ$228.6M).
Debt to Equity History and Analysis
Debt Level: SEK's net debt to equity ratio (61.5%) is considered high.
Reducing Debt: SEK's debt to equity ratio has reduced from 94.7% to 63% over the past 5 years.
Debt Coverage: SEK's debt is well covered by operating cash flow (27.8%).
Interest Coverage: SEK's interest payments on its debt are not well covered by EBIT (1.5x coverage).