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 ratio5.7x
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: 0NQP's short term assets (€7.4B) do not cover its short term liabilities (€-136.0M).

Long Term Liabilities: 0NQP's short term assets (€7.4B) do not cover its long term liabilities (€16.0B).


Debt to Equity History and Analysis

Debt Level: 0NQP's net debt to equity ratio (154.2%) is considered high.

Reducing Debt: 0NQP's debt to equity ratio has reduced from 245% to 175.7% over the past 5 years.

Debt Coverage: 0NQP's debt is not well covered by operating cash flow (7%).

Interest Coverage: 0NQP's interest payments on its debt are well covered by EBIT (5.7x coverage).


Balance Sheet


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