Eni Balance Sheet Health
Financial Health criteria checks 4/6
Eni has a total shareholder equity of €55.5B and total debt of €28.7B, which brings its debt-to-equity ratio to 51.8%. Its total assets and total liabilities are €140.4B and €84.9B respectively. Eni's EBIT is €11.4B making its interest coverage ratio -3.5. It has cash and short-term investments of €19.7B.
Key information
51.8%
Debt to equity ratio
€28.74b
Debt
Interest coverage ratio | -3.5x |
Cash | €19.70b |
Equity | €55.53b |
Total liabilities | €84.89b |
Total assets | €140.42b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENIT's short term assets (€48.7B) exceed its short term liabilities (€33.8B).
Long Term Liabilities: ENIT's short term assets (€48.7B) do not cover its long term liabilities (€51.1B).
Debt to Equity History and Analysis
Debt Level: ENIT's net debt to equity ratio (16.3%) is considered satisfactory.
Reducing Debt: ENIT's debt to equity ratio has increased from 47.5% to 51.8% over the past 5 years.
Debt Coverage: ENIT's debt is well covered by operating cash flow (61.3%).
Interest Coverage: ENIT earns more interest than it pays, so coverage of interest payments is not a concern.