Saipem SpA (WBO:SPM2) Debt-to-Asset : 0.21 (As of Dec. 2024)

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What is Saipem SpA Debt-to-Asset?

Saipem SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €796 Mil. Saipem SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was €2,220 Mil. Saipem SpA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2024 was €14,519 Mil. Saipem SpA's debt to asset for the quarter that ended in Dec. 2024 was 0.21.

Saipem SpA Debt-to-Asset Historical Data

The historical data trend for Saipem SpA'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.

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Saipem SpA Debt-to-Asset Chart

Saipem SpA Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Asset

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0.31

0.34

0.25

0.24

0.21

Saipem SpA Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Asset	Get a 7-Day Free Trial															0.24	-	0.22	-	0.21

Competitive Comparison of Saipem SpA's Debt-to-Asset

For the Oil & Gas Equipment & Services subindustry, Saipem SpA'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.

Saipem SpA's Debt-to-Asset Distribution in the Oil & Gas Industry

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

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

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Saipem SpA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Saipem SpA's Debt-to-Asset for the fiscal year that ended in Dec. 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
	=	(796	+	2220)	/	14519
	=	0.21

Saipem SpA's Debt-to-Asset for the quarter that ended in Dec. 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
	=	(796	+	2220)	/	14519
	=	0.21

Saipem SpA (WBO:SPM2) 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.

Saipem SpA Debt-to-Asset Related Terms

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Saipem SpA Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (WBO:SPM2) » Definitions » Debt-to-Asset

Comparable Companies

Traded in Other Exchanges

SAPMY:USA SAPMF:USA SPM:Italy SPMm:UK 0RPI:UK SPE:Germany SPE:Germany SPEA:Germany SPEA:Germany

Address

Via Luigi Russolo, 5, Milano, ITA, 20138

Website

https://www.saipem.com

Saipem SpA specializes in engineering and construction services for the oil and gas industries. The company operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. It offers the development of subsea fields and pipelaying; installation and lifting of offshore structures; and engineering, implementation, installation, maintenance, modification, and decommissioning activities. The company also engages in onshore engineering and construction, sustainable infrastructures, robotics and industrialized solutions; offshore engineering and construction, and wind activities.

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