Eni Balance Sheet Health
Financial Health criteria checks 4/6
Eni has a total shareholder equity of €55.1B and total debt of €31.0B, which brings its debt-to-equity ratio to 56.3%. Its total assets and total liabilities are €146.5B and €91.4B respectively. Eni's EBIT is €8.9B making its interest coverage ratio 19.7. It has cash and short-term investments of €16.2B.
Key information
56.3%
Debt to equity ratio
€31.00b
Debt
Interest coverage ratio | 19.7x |
Cash | €16.19b |
Equity | €55.11b |
Total liabilities | €91.42b |
Total assets | €146.53b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0TD2's short term assets (€45.5B) exceed its short term liabilities (€36.5B).
Long Term Liabilities: 0TD2's short term assets (€45.5B) do not cover its long term liabilities (€54.9B).
Debt to Equity History and Analysis
Debt Level: 0TD2's net debt to equity ratio (26.9%) is considered satisfactory.
Reducing Debt: 0TD2's debt to equity ratio has increased from 48.9% to 56.3% over the past 5 years.
Debt Coverage: 0TD2's debt is well covered by operating cash flow (45.3%).
Interest Coverage: 0TD2's interest payments on its debt are well covered by EBIT (19.7x coverage).