Tenaris Balance Sheet Health
Financial Health criteria checks 6/6
Tenaris has a total shareholder equity of $17.4B and total debt of $500.4M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are $21.1B and $3.7B respectively. Tenaris's EBIT is $2.7B making its interest coverage ratio -38.3. It has cash and short-term investments of $3.5B.
Key information
2.9%
Debt to equity ratio
US$500.40m
Debt
| Interest coverage ratio | -38.3x |
| Cash | US$3.51b |
| Equity | US$17.42b |
| Total liabilities | US$3.72b |
| Total assets | US$21.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: T1SS34's short term assets ($9.9B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: T1SS34's short term assets ($9.9B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: T1SS34 has more cash than its total debt.
Reducing Debt: T1SS34's debt to equity ratio has reduced from 7.7% to 2.9% over the past 5 years.
Debt Coverage: T1SS34's debt is well covered by operating cash flow (641.4%).
Interest Coverage: T1SS34 earns more interest than it pays, so coverage of interest payments is not a concern.