Tenaris Balance Sheet Health
Financial Health criteria checks 6/6
Tenaris has a total shareholder equity of $15.8B and total debt of $693.3M, which brings its debt-to-equity ratio to 4.4%. Its total assets and total liabilities are $19.3B and $3.5B respectively. Tenaris's EBIT is $4.5B making its interest coverage ratio -318.3. It has cash and short-term investments of $2.6B.
Key information
4.4%
Debt to equity ratio
US$693.29m
Debt
Interest coverage ratio | -318.3x |
Cash | US$2.61b |
Equity | US$15.79b |
Total liabilities | US$3.47b |
Total assets | US$19.26b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TEN's short term assets ($9.6B) exceed its short term liabilities ($2.6B).
Long Term Liabilities: TEN's short term assets ($9.6B) exceed its long term liabilities ($877.3M).
Debt to Equity History and Analysis
Debt Level: TEN has more cash than its total debt.
Reducing Debt: TEN's debt to equity ratio has reduced from 8.1% to 4.4% over the past 5 years.
Debt Coverage: TEN's debt is well covered by operating cash flow (436.8%).
Interest Coverage: TEN earns more interest than it pays, so coverage of interest payments is not a concern.