SES Balance Sheet Health
Financial Health criteria checks 4/6
SES has a total shareholder equity of €3.8B and total debt of €4.2B, which brings its debt-to-equity ratio to 111.7%. Its total assets and total liabilities are €10.2B and €6.4B respectively. SES's EBIT is €350.0M making its interest coverage ratio 16.7. It has cash and short-term investments of €2.9B.
Key information
111.7%
Debt to equity ratio
€4.20b
Debt
Interest coverage ratio | 16.7x |
Cash | €2.91b |
Equity | €3.76b |
Total liabilities | €6.43b |
Total assets | €10.18b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SGBA.F's short term assets (€3.9B) exceed its short term liabilities (€2.0B).
Long Term Liabilities: SGBA.F's short term assets (€3.9B) do not cover its long term liabilities (€4.4B).
Debt to Equity History and Analysis
Debt Level: SGBA.F's net debt to equity ratio (34.4%) is considered satisfactory.
Reducing Debt: SGBA.F's debt to equity ratio has increased from 70.8% to 111.7% over the past 5 years.
Debt Coverage: SGBA.F's debt is well covered by operating cash flow (82.9%).
Interest Coverage: SGBA.F's interest payments on its debt are well covered by EBIT (16.7x coverage).