Tenaris Balance Sheet Health
Financial Health criteria checks 6/6
Tenaris has a total shareholder equity of $17.4B and total debt of $500.4M, which brings its debt-to-equity ratio to 2.9%. Its total assets and total liabilities are $21.1B and $3.7B respectively. Tenaris's EBIT is $2.7B making its interest coverage ratio -38.3. It has cash and short-term investments of $3.5B.
Key information
2.9%
Debt to equity ratio
US$500.40m
Debt
| Interest coverage ratio | -38.3x |
| Cash | US$3.51b |
| Equity | US$17.42b |
| Total liabilities | US$3.72b |
| Total assets | US$21.14b |
Recent financial health updates
Here's Why Tenaris (BIT:TEN) Can Manage Its Debt Responsibly
Nov 04
We Think Tenaris (BIT:TEN) Can Manage Its Debt With Ease
Feb 15Tenaris (BIT:TEN) Could Easily Take On More Debt
Oct 04Tenaris (BIT:TEN) Could Easily Take On More Debt
Jun 27These 4 Measures Indicate That Tenaris (BIT:TEN) Is Using Debt Safely
Mar 24Is Tenaris (BIT:TEN) Using Too Much Debt?
Dec 23Recent updates
Tenaris S.A. Beat Analyst Estimates: See What The Consensus Is Forecasting For Next Year
Nov 09Here's Why Tenaris (BIT:TEN) Can Manage Its Debt Responsibly
Nov 04Returns Are Gaining Momentum At Tenaris (BIT:TEN)
Oct 17Estimating The Intrinsic Value Of Tenaris S.A. (BIT:TEN)
Aug 23The Tenaris S.A. (BIT:TEN) Interim Results Are Out And Analysts Have Published New Forecasts
Aug 03Here's Why We Think Tenaris (BIT:TEN) Is Well Worth Watching
Jul 26Returns on Capital Paint A Bright Future For Tenaris (BIT:TEN)
Jul 11Lacklustre Performance Is Driving Tenaris S.A.'s (BIT:TEN) Low P/E
Jun 21Estimating The Fair Value Of Tenaris S.A. (BIT:TEN)
May 22Earnings Beat: Tenaris S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Apr 28Here's Why We Think Tenaris (BIT:TEN) Might Deserve Your Attention Today
Apr 16We Think Tenaris (BIT:TEN) Can Manage Its Debt With Ease
Feb 15A Look At The Fair Value Of Tenaris S.A. (BIT:TEN)
Jan 28Little Excitement Around Tenaris S.A.'s (BIT:TEN) Earnings
Dec 22If EPS Growth Is Important To You, Tenaris (BIT:TEN) Presents An Opportunity
Nov 10Calculating The Intrinsic Value Of Tenaris S.A. (BIT:TEN)
Oct 22Tenaris (BIT:TEN) Could Easily Take On More Debt
Oct 04Here's Why We Think Tenaris (BIT:TEN) Is Well Worth Watching
Aug 04Estimating The Intrinsic Value Of Tenaris S.A. (BIT:TEN)
Jul 15Tenaris (BIT:TEN) Could Easily Take On More Debt
Jun 27If EPS Growth Is Important To You, Tenaris (BIT:TEN) Presents An Opportunity
May 02These 4 Measures Indicate That Tenaris (BIT:TEN) Is Using Debt Safely
Mar 24Calculating The Intrinsic Value Of Tenaris S.A. (BIT:TEN)
Mar 05Here's Why We Think Tenaris (BIT:TEN) Might Deserve Your Attention Today
Jan 28Is Tenaris (BIT:TEN) Using Too Much Debt?
Dec 23Calculating The Intrinsic Value Of Tenaris S.A. (BIT:TEN)
Dec 05Here's Why We Think Tenaris (BIT:TEN) Is Well Worth Watching
Oct 09Estimating The Fair Value Of Tenaris S.A. (BIT:TEN)
Sep 03Is Now The Time To Put Tenaris (BIT:TEN) On Your Watchlist?
May 16Is Tenaris (BIT:TEN) A Risky Investment?
Mar 29Growth Investors: Industry Analysts Just Upgraded Their Tenaris S.A. (BIT:TEN) Revenue Forecasts By 11%
Mar 02Results: Tenaris S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts
Feb 18Calculating The Fair Value Of Tenaris S.A. (BIT:TEN)
Jan 30Does Tenaris (BIT:TEN) Have A Healthy Balance Sheet?
Dec 05Financial Position Analysis
Short Term Liabilities: TEN's short term assets ($9.9B) exceed its short term liabilities ($2.7B).
Long Term Liabilities: TEN's short term assets ($9.9B) exceed its long term liabilities ($1.0B).
Debt to Equity History and Analysis
Debt Level: TEN has more cash than its total debt.
Reducing Debt: TEN's debt to equity ratio has reduced from 7.7% to 2.9% over the past 5 years.
Debt Coverage: TEN's debt is well covered by operating cash flow (641.4%).
Interest Coverage: TEN earns more interest than it pays, so coverage of interest payments is not a concern.