Saipem Balance Sheet Health
Financial Health criteria checks 4/6
Saipem has a total shareholder equity of €2.4B and total debt of €0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are €4.5B and €2.1B respectively. Saipem's EBIT is €488.0M making its interest coverage ratio 5.1. It has cash and short-term investments of €284.0M.
Key information
0%
Debt to equity ratio
€0
Debt
Interest coverage ratio | 5.1x |
Cash | €284.00m |
Equity | €2.38b |
Total liabilities | €2.12b |
Total assets | €4.50b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: SPMR's short term assets (€284.0M) do not cover its short term liabilities (€1.4B).
Long Term Liabilities: SPMR's short term assets (€284.0M) do not cover its long term liabilities (€690.0M).
Debt to Equity History and Analysis
Debt Level: SPMR is debt free.
Reducing Debt: SPMR has no debt compared to 5 years ago when its debt to equity ratio was 29.6%.
Debt Coverage: SPMR has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: SPMR has no debt, therefore coverage of interest payments is not a concern.