SES (SES AI) Debt-to-Equity: 0.04 (As of Mar. 2026) — Near Median

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SES SES AI Corp SES
34 GF Score
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What is SES AI Debt-to-Equity?

SES AI SES +1.68% 34 Debt-to-Equity is 0.04 as of Mar. 2026, which is at its 10-year median of 0.04. GuruFocus rates SES with a GF Score™ of 34/100. The stock has 4 warning signs investors should review. Among 1,217 Vehicles & Parts companies, SES AI ranks better than 90.8% on this metric.

SES AI's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.60 Mil. SES AI's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5.42 Mil. SES AI's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $203.25 Mil. SES AI's debt to equity for the quarter that ended in Mar. 2026 was 0.03.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for SES AI's Debt-to-Equity or its related term are showing as below:

SES' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.01   Med: 0.04   Max: 0.05
Current: 0.04

During the past 7 years, the highest Debt-to-Equity Ratio of SES AI was 0.05. The lowest was -0.01. And the median was 0.04.

SES's Debt-to-Equity is ranked better than
90.8% of 1217 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs SES: 0.04

SES AI  (NYSE:SES) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


SES AI Debt-to-Equity Related Terms


SES AI Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for SES AI's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

SES AI Debt-to-Equity Chart

SES AI Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.00 0.03 0.04 0.04 0.04

SES AI Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.04 0.04 0.05 0.04 0.04

SES vs SRI, CVGI, INVZ: Debt-to-Equity Comparison

For the Auto Parts subindustry, SES AI's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


SES AI Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, SES AI's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SES AI's Debt-to-Equity falls into.


SES
34GF Score
SES AI Corp SES
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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SES AI Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SES AI's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

SES AI's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.04 mean?
SES AI (SES) has a Debt-to-Equity of 0.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SES AI and its competitors. This is near median its historical median of 0.04. According to the industry distribution chart, SES AI ranks #112 out of 1217 companies in the Vehicles & Parts industry, placing it in the top 9.2%.
Is SES AI's Debt-to-Equity too high?
SES AI's current Debt-to-Equity of 0.04 is near median its 10-year median of 0.04. The Vehicles & Parts industry median Debt-to-Equity is 0.46. SES AI's value of 0.04 is 91.3% below this industry median. Based on the distribution chart, SES AI ranks #112 out of 1217 companies in the Vehicles & Parts industry, which is in the top quartile — a strong position relative to peers. Overall, SES AI has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does SES AI's Debt-to-Equity compare to SRI and CVGI?
According to the Vehicles & Parts industry distribution chart, SES AI ranks #112 out of 1217 companies for Debt-to-Equity. This places SES AI in the top 9% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.46. SES AI's value of 0.04 is 91.3% below this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 0.46, SES AI has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,217 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. SES AI's current Debt-to-Equity of 0.04 is 91.3% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SES AI and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SES AI's current Debt-to-Equity is 0.04, which is near median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SES AI stock overvalued right now?
SES AI (SES) has a current Debt-to-Equity of 0.04. The current Debt-to-Equity is 0.04, which is near median its 10-year median of 0.04 and 91.3% below the Vehicles & Parts industry median of 0.46. SES AI's overall GF Score™ is 34/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For SES AI (SES), the current Debt-to-Equity is 0.04 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

SES AI Business Description

Address 35 Cabot Road, Woburn, MA, USA, 01801
SES AI Corp is a developer and manufacturer of rechargeable battery technologies and battery materials for Energy Storage Systems (ESS), Urban Air Mobility (UAM), drones, robotics, electric vehicles (EVs), and other applications. For Enery Storage Systems, the company supplies hardware and software solutions with battery health and safety management software powered by its AI-based platform, Molecular Universe. Additionally, it offers battery materials and high-energy and power-density Li-Metal and Li-ion cells, which can be used for drones, UAM, robotics, and EV applications. The company also offers access to Molecular Universe as a software product. Currently, it generates maximum revenue from the development of Li-ion and Li-Metal battery materials as per the client's specifications.
34GF Score

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