Snam Balance Sheet Health
Financial Health criteria checks 1/6
Snam has a total shareholder equity of €7.8B and total debt of €18.2B, which brings its debt-to-equity ratio to 234.3%. Its total assets and total liabilities are €32.7B and €24.9B respectively. Snam's EBIT is €1.6B making its interest coverage ratio 5.6. It has cash and short-term investments of €1.9B.
Key information
234.3%
Debt to equity ratio
€18.22b
Debt
| Interest coverage ratio | 5.6x |
| Cash | €1.94b |
| Equity | €7.78b |
| Total liabilities | €24.94b |
| Total assets | €32.72b |
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 (€9.3B).
Long Term Liabilities: 0NQP's short term assets (€7.4B) do not cover its long term liabilities (€15.7B).
Debt to Equity History and Analysis
Debt Level: 0NQP's net debt to equity ratio (209.4%) is considered high.
Reducing Debt: 0NQP's debt to equity ratio has increased from 231.9% to 234.3% over the past 5 years.
Debt Coverage: 0NQP's debt is not well covered by operating cash flow (9%).
Interest Coverage: 0NQP's interest payments on its debt are well covered by EBIT (5.6x coverage).