Saipem Balance Sheet Health
Financial Health criteria checks 4/6
Saipem has a total shareholder equity of €2.5B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.8B and €2.3B respectively. Saipem's EBIT is €571.0M making its interest coverage ratio 7.3. It has cash and short-term investments of €509.0M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 7.3x |
| Cash | €509.00m |
| Equity | €2.54b |
| Total liabilities | €2.25b |
| Total assets | €4.79b |
Recent financial health updates
We Think Saipem (BIT:SPM) Is Taking Some Risk With Its Debt
Aug 19
Is Saipem (BIT:SPM) A Risky Investment?
Aug 14Companies Like Saipem (BIT:SPM) Are In A Position To Invest In Growth
Jul 12Here's Why Saipem (BIT:SPM) Can Manage Its Debt Responsibly
Mar 06Recent updates
Saipem's (BIT:SPM) Solid Earnings Are Supported By Other Strong Factors
Oct 31Saipem SpA Just Beat EPS By 19%: Here's What Analysts Think Will Happen Next
Oct 26A Look At The Intrinsic Value Of Saipem SpA (BIT:SPM)
Oct 19Saipem SpA's (BIT:SPM) P/S Is On The Mark
Sep 18We Think Saipem (BIT:SPM) Is Taking Some Risk With Its Debt
Aug 19Earnings Miss: Saipem SpA Missed EPS By 18% And Analysts Are Revising Their Forecasts
Aug 04A Look At The Fair Value Of Saipem SpA (BIT:SPM)
Jul 17Sentiment Still Eluding Saipem SpA (BIT:SPM)
Jun 08Saipem SpA (BIT:SPM) First-Quarter Results Just Came Out: Here's What Analysts Are Forecasting For This Year
Apr 25Saipem SpA Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
Mar 02Saipem SpA (BIT:SPM) Soars 27% But It's A Story Of Risk Vs Reward
Mar 01Is There An Opportunity With Saipem SpA's (BIT:SPM) 20% Undervaluation?
Feb 27Saipem (BIT:SPM) Could Be Struggling To Allocate Capital
Feb 05Investors Holding Back On Saipem SpA (BIT:SPM)
Dec 25There Are Reasons To Feel Uneasy About Saipem's (BIT:SPM) Returns On Capital
Nov 04Estimating The Fair Value Of Saipem SpA (BIT:SPM)
Sep 26Is Saipem (BIT:SPM) A Risky Investment?
Aug 14Companies Like Saipem (BIT:SPM) Are In A Position To Invest In Growth
Jul 12Calculating The Fair Value Of Saipem SpA (BIT:SPM)
Apr 19Here's Why Saipem (BIT:SPM) Can Manage Its Debt Responsibly
Mar 06Is Saipem SpA (BIT:SPM) Trading At A 37% Discount?
Jan 17Financial Position Analysis
Short Term Liabilities: SPM's short term assets (€589.0M) do not cover its short term liabilities (€1.4B).
Long Term Liabilities: SPM's short term assets (€589.0M) do not cover its long term liabilities (€827.0M).
Debt to Equity History and Analysis
Debt Level: SPM is debt free.
Reducing Debt: SPM has no debt compared to 5 years ago when its debt to equity ratio was 22.9%.
Debt Coverage: SPM has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPM has no debt, therefore coverage of interest payments is not a concern.