Saipem Balance Sheet Health
Financial Health criteria checks 5/6
Saipem has a total shareholder equity of €2.4B and total debt of €2.2B, which brings its debt-to-equity ratio to 91.4%. Its total assets and total liabilities are €13.7B and €11.2B respectively. Saipem's EBIT is €530.0M making its interest coverage ratio 4.7. It has cash and short-term investments of €2.2B.
Key information
91.4%
Debt to equity ratio
€2.21b
Debt
| Interest coverage ratio | 4.7x |
| Cash | €2.23b |
| Equity | €2.42b |
| Total liabilities | €11.24b |
| Total assets | €13.66b |
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 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 (€8.9B) exceed its short term liabilities (€8.1B).
Long Term Liabilities: SPM's short term assets (€8.9B) exceed its long term liabilities (€3.2B).
Debt to Equity History and Analysis
Debt Level: SPM has more cash than its total debt.
Reducing Debt: SPM's debt to equity ratio has increased from 73.4% to 91.4% over the past 5 years.
Debt Coverage: SPM's debt is well covered by operating cash flow (40.7%).
Interest Coverage: SPM's interest payments on its debt are well covered by EBIT (4.7x coverage).