Eni Balance Sheet Health
Financial Health criteria checks 4/6
Eni has a total shareholder equity of €53.5B and total debt of €30.2B, which brings its debt-to-equity ratio to 56.5%. Its total assets and total liabilities are €139.4B and €85.9B respectively. Eni's EBIT is €8.1B making its interest coverage ratio 82.6. It has cash and short-term investments of €15.9B.
Key information
56.5%
Debt to equity ratio
€30.21b
Debt
| Interest coverage ratio | 82.6x |
| Cash | €15.91b |
| Equity | €53.48b |
| Total liabilities | €85.89b |
| Total assets | €139.36b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENI's short term assets (€44.6B) exceed its short term liabilities (€34.2B).
Long Term Liabilities: ENI's short term assets (€44.6B) do not cover its long term liabilities (€51.6B).
Debt to Equity History and Analysis
Debt Level: ENI's net debt to equity ratio (26.7%) is considered satisfactory.
Reducing Debt: ENI's debt to equity ratio has increased from 46.9% to 56.5% over the past 5 years.
Debt Coverage: ENI's debt is well covered by operating cash flow (45.2%).
Interest Coverage: ENI's interest payments on its debt are well covered by EBIT (82.6x coverage).