Saipem Balance Sheet Health
Financial Health criteria checks 4/6
Saipem has a total shareholder equity of €2.5B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.8B and €2.3B respectively. Saipem's EBIT is €571.0M making its interest coverage ratio 7.3. It has cash and short-term investments of €509.0M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 7.3x |
| Cash | €509.00m |
| Equity | €2.54b |
| Total liabilities | €2.25b |
| Total assets | €4.79b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPM3's short term assets (€589.0M) do not cover its short term liabilities (€1.4B).
Long Term Liabilities: SPM3's short term assets (€589.0M) do not cover its long term liabilities (€827.0M).
Debt to Equity History and Analysis
Debt Level: SPM3 is debt free.
Reducing Debt: SPM3 has no debt compared to 5 years ago when its debt to equity ratio was 22.9%.
Debt Coverage: SPM3 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPM3 has no debt, therefore coverage of interest payments is not a concern.