Snam Balance Sheet Health
Financial Health criteria checks 2/6
Snam has a total shareholder equity of €9.0B and total debt of €15.9B, which brings its debt-to-equity ratio to 175.7%. Its total assets and total liabilities are €24.9B and €15.8B respectively. Snam's EBIT is €1.7B making its interest coverage ratio 5.7. It has cash and short-term investments of €1.9B.
Key information
175.7%
Debt to equity ratio
€15.88b
Debt
| Interest coverage ratio | 5.7x |
| Cash | €1.94b |
| Equity | €9.04b |
| Total liabilities | €15.83b |
| Total assets | €24.87b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SNM's short term assets (€7.4B) do not cover its short term liabilities (€-136.0M).
Long Term Liabilities: SNM's short term assets (€7.4B) do not cover its long term liabilities (€16.0B).
Debt to Equity History and Analysis
Debt Level: SNM's net debt to equity ratio (154.2%) is considered high.
Reducing Debt: SNM's debt to equity ratio has reduced from 245% to 175.7% over the past 5 years.
Debt Coverage: SNM's debt is not well covered by operating cash flow (7%).
Interest Coverage: SNM's interest payments on its debt are well covered by EBIT (5.7x coverage).