Tenaris Balance Sheet Health
Financial Health criteria checks 6/6
Tenaris has a total shareholder equity of $17.6B and total debt of $636.4M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are $21.5B and $3.9B respectively. Tenaris's EBIT is $3.8B making its interest coverage ratio -138.1. It has cash and short-term investments of $3.6B.
Key information
3.6%
Debt to equity ratio
US$636.40m
Debt
Interest coverage ratio | -138.1x |
Cash | US$3.57b |
Equity | US$17.61b |
Total liabilities | US$3.94b |
Total assets | US$21.55b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TW10's short term assets ($10.3B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: TW10's short term assets ($10.3B) exceed its long term liabilities ($998.9M).
Debt to Equity History and Analysis
Debt Level: TW10 has more cash than its total debt.
Reducing Debt: TW10's debt to equity ratio has reduced from 5.6% to 3.6% over the past 5 years.
Debt Coverage: TW10's debt is well covered by operating cash flow (685.3%).
Interest Coverage: TW10 earns more interest than it pays, so coverage of interest payments is not a concern.