Saipem Balance Sheet Health
Financial Health criteria checks 4/6
Saipem has a total shareholder equity of €2.6B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €5.4B and €2.8B respectively. Saipem's EBIT is €693.0M making its interest coverage ratio 5.3. It has cash and short-term investments of €844.0M.
Key information
0%
Debt to equity ratio
€0
Debt
| Interest coverage ratio | 5.3x |
| Cash | €844.00m |
| Equity | €2.64b |
| Total liabilities | €2.81b |
| Total assets | €5.45b |
Recent financial health updates
Recent updates
Here's Why Saipem (BIT:SPM) Can Manage Its Debt Responsibly
Sep 08
Saipem SpA (BIT:SPM) Doing What It Can To Lift Shares
Aug 18Saipem SpA Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
Jul 28Market Might Still Lack Some Conviction On Saipem SpA (BIT:SPM) Even After 34% Share Price Boost
May 10Saipem's (BIT:SPM) Earnings May Just Be The Starting Point
May 02Saipem SpA (BIT:SPM) Full-Year Results: Here's What Analysts Are Forecasting For This Year
Apr 10Market Participants Recognise Saipem SpA's (BIT:SPM) Revenues
Jan 24
Natural Gas Projects And Fleet Utilization Will Boost Revenue Growth And Enhance Margins
High order intake and backlog in offshore E&C ensure future revenue growth, supporting upgraded guidance and consistent revenue streams.Saipem's (BIT:SPM) Solid Earnings Are Supported By Other Strong Factors
Oct 31Financial Position Analysis
Short Term Liabilities: SPM's short term assets (€844.0M) do not cover its short term liabilities (€1.4B).
Long Term Liabilities: SPM's short term assets (€844.0M) do not cover its long term liabilities (€1.5B).
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 31.7%.
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.
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/10/29 07:07 |
| End of Day Share Price | 2025/10/29 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Saipem SpA is covered by 45 analysts. 17 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Francesco Sala | Banca Akros S.p.A. (ESN) |
| Lucy Haskins | Barclays |
| Michael Pickup | Barclays |