Tenaris Balance Sheet Health
Financial Health criteria checks 6/6
Tenaris has a total shareholder equity of $17.6B and total debt of $636.4M, which brings its debt-to-equity ratio to 3.6%. Its total assets and total liabilities are $21.5B and $3.9B respectively. Tenaris's EBIT is $3.8B making its interest coverage ratio -138.1. It has cash and short-term investments of $3.6B.
Key information
3.6%
Debt to equity ratio
US$636.40m
Debt
| Interest coverage ratio | -138.1x |
| Cash | US$3.57b |
| Equity | US$17.61b |
| Total liabilities | US$3.94b |
| Total assets | US$21.55b |
Recent financial health updates
No updates
Recent updates
Tenaris: Underperformance, Now A "HOLD" (Rating Downgrade).
Apr 23Tenaris: Steeling Against High Rates With A Rock-Solid Balance Sheet
Jan 27Tenaris: Steel Pipes Out Of Europe With An Upside
Nov 08Tenaris S.A.: Record Profits, Low Multiples, Expanding Margins, And Insider Ownership
Aug 28Tenaris S.A.: A Solid Option In The Oil And Gas Industry
Jun 09Tenaris: Harnessing Operational Excellence For Sustainable Growth
May 23Tenaris GAAP EPS of $0.68 misses by $0.70, revenue of $3.62B beats by $70M
Feb 15Benteler terminates sale to Tenaris of its Shreveport, Louisiana pipe manufacturing plant
Feb 06Tenaris GAAP EPS of $0.51 misses by $0.49, revenue of $2.98B beats by $70M
Nov 03Tenaris: The Cash Flow Turnaround And Margin Expansion Speak A Lot
Oct 12Tenaris: Solidifying Its Industry Leadership With Benteler Acquisition
Aug 03Tenaris: Advantages As Activity Speeds Up, But Concerns Over Valuation
May 13Tenaris: A Valuation Overrun Despite The Medium Term Promises
Jan 21Tenaris Is Reopening Facilities, Makes Stock A Buy
Oct 01Tenaris Is Coping Up In A High-Cost Environment
Jul 02Tenaris Continues To Build Its Net Cash Position
Jun 26Tenaris EPS beats by $0.11, misses on revenue
Apr 28Tenaris outlines plan to decarbonize Italian steel mill
Jan 11Tenaris Has A Few Challenges Before Recovery Sets In
Jan 02Tenaris declares $0.07 dividend
Nov 04Financial Position Analysis
Short Term Liabilities: TS's short term assets ($10.3B) exceed its short term liabilities ($2.9B).
Long Term Liabilities: TS's short term assets ($10.3B) exceed its long term liabilities ($998.9M).
Debt to Equity History and Analysis
Debt Level: TS has more cash than its total debt.
Reducing Debt: TS's debt to equity ratio has reduced from 5.6% to 3.6% over the past 5 years.
Debt Coverage: TS's debt is well covered by operating cash flow (685.3%).
Interest Coverage: TS earns more interest than it pays, so coverage of interest payments is not a concern.