Tenaris (MIL:TEN) Debt-to-Asset : 0.03 (As of Sep. 2024)

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

What is Tenaris Debt-to-Asset?

Tenaris's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €482 Mil. Tenaris's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €106 Mil. Tenaris's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Sep. 2024 was €19,047 Mil. Tenaris's debt to asset for the quarter that ended in Sep. 2024 was 0.03.

Tenaris Debt-to-Asset Historical Data

The historical data trend for Tenaris's Debt-to-Asset 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-Asset Chart

Tenaris Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Asset

Get a 7-Day Free Trial

0.07

0.06

0.03

0.05

0.03

Tenaris Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Debt-to-Asset	Get a 7-Day Free Trial															0.04	0.03	0.04	0.04	0.03

Competitive Comparison of Tenaris's Debt-to-Asset

For the Oil & Gas Equipment & Services subindustry, Tenaris's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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-Asset Distribution in the Oil & Gas Industry

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

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

Tenaris Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

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

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(525.412	+	132.875)	/	19332.098
	=	0.03

Tenaris's Debt-to-Asset for the quarter that ended in Sep. 2024 is calculated as

Debt-to-Asset	=	Total Debt			/	Total Assets
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Assets
	=	(481.685	+	105.891)	/	19047.329
	=	0.03

Tenaris (MIL:TEN) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Tenaris Debt-to-Asset Related Terms

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

Tenaris Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Tenaris SA (MIL:TEN) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

TNRSF:USA TS:USA TS:Mexico TENm:UK 0HXB:UK TW10:Germany TW1:Germany 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, which are used primarily in the construction of oil and gas wells. Its production facilities are located primarily in the US, 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.