Tenaris (Tenaris) Debt-to-Equity : 0.04 (As of Dec. 2023)

View and export this data going back to 2002. Start your Free Trial

What is Tenaris Debt-to-Equity?

Tenaris's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $573 Mil. Tenaris's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $145 Mil. Tenaris's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $16,843 Mil. Tenaris's debt to equity for the quarter that ended in Dec. 2023 was 0.04.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Tenaris's Debt-to-Equity or its related term are showing as below:

TS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.08 Max: 0.09
Current: 0.04

During the past 13 years, the highest Debt-to-Equity Ratio of Tenaris was 0.09. The lowest was 0.04. And the median was 0.08.

TS's Debt-to-Equity is ranked better than
92.05% of 830 companies
in the Oil & Gas industry
Industry Median: 0.435 vs TS: 0.04

Tenaris Debt-to-Equity Historical Data

The historical data trend for Tenaris's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Tenaris Debt-to-Equity Chart

Tenaris Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Equity

Get a 7-Day Free Trial

0.09

0.08

0.04

0.06

0.04

Tenaris Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-Equity	Get a 7-Day Free Trial															0.06	0.05	0.05	0.05	0.04

Competitive Comparison of Tenaris's Debt-to-Equity

For the Oil & Gas Equipment & Services subindustry, Tenaris's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Tenaris's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tenaris's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Tenaris's Debt-to-Equity falls into.

Tenaris Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Tenaris's Debt to Equity Ratio for the fiscal year that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(572.968	+	144.902)	/	16842.972
	=	0.04

Tenaris's Debt to Equity Ratio for the quarter that ended in Dec. 2023 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(572.968	+	144.902)	/	16842.972
	=	0.04

Tenaris (NYSE:TS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Tenaris Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Tenaris's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Tenaris (Tenaris) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tenaris SA (NYSE:TS) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

TNRSF:USA TEN:Italy TENm:UK 0HXB:UK TW10:Germany T1SS34:Brazil

Address

26, Boulevard Royal, 4th Floor, Luxembourg, LUX, L-2449

Website

https://www.tenaris.com

Tenaris is one of the largest global producers of oil country tubular goods, or OCTG, which are used primarily in the construction of oil and gas wells. The company's production facilities are located primarily in the U.S., Argentina, Mexico, and Italy. Tenaris' premium OCTG products are among the most trusted by oil companies for use in the most challenging applications, including deep-water offshore wells and horizontal shale wells.