Terna SpA (MIL:TRN) Total Liabilities: €15,897 Mil (As of Mar. 2026)


MIL:TRN Terna SpA MIL:TRN
86 GF Score
Price €10.14
GF Value €9.88
Valuation Fairly Valued
! 3 Warning Signs
View Full Analysis

What is Terna SpA Total Liabilities?

Terna SpA MIL:TRN -1.55% 86 Total Liabilities is €15,897 Mil as of Mar. 2026. GuruFocus rates MIL:TRN with a GF Score™ of 86/100 and a GF Value™ of €9.88 (Fairly Valued). The stock has 3 warning signs investors should review.

Terna SpA's Total Liabilities for the quarter that ended in Mar. 2026 was €15,897 Mil.

Terna SpA's quarterly Total Liabilities increased from Sep. 2025 (€0.00 Mil) to Dec. 2025 (€22,170.10 Mil) but then declined from Dec. 2025 (€22,170.10 Mil) to Mar. 2026 (€15,897.00 Mil).

Terna SpA's annual Total Liabilities increased from Dec. 2023 (€17,050.10 Mil) to Dec. 2024 (€19,642.60 Mil) and increased from Dec. 2024 (€19,642.60 Mil) to Dec. 2025 (€22,170.10 Mil).

Terna SpA Total Liabilities Historical Data

* Premium members only.

The historical data trend for Terna SpA's Total Liabilities 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.

Terna SpA Total Liabilities Chart

Terna SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17,646.20 16,633.80 17,050.10 19,642.60 22,170.10

Terna SpA Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 20,551.20 0.00 22,170.10 15,897.00
MIL:TRN
86GF Score
Terna SpA MIL:TRN
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Terna SpA Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Terna SpA's Total Liabilities for the fiscal year that ended in Dec. 2025 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=6733+(13886.7+1502.6
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+47.8+0)
=22,170

Total Liabilities=Total Assets (A: Dec. 2025 )-Total Equity (A: Dec. 2025 )
=29982.8-7812.7
=22,170

Terna SpA's Total Liabilities for the quarter that ended in Mar. 2026 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=1780+(12170.2+1946.8
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=15,897

Total Liabilities=Total Assets (Q: Mar. 2026 )-Total Equity (Q: Mar. 2026 )
=24819-8922
=15,897

* 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.

Frequently Asked Questions Learn more about Total Liabilities →
What does a Total Liabilities of €15,897 Mil mean?
Terna SpA (MIL:TRN) has a Total Liabilities of €15,897 Mil as of Mar. 2026. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Terna SpA and its competitors.
Is Terna SpA's Total Liabilities too high?
Terna SpA's current Total Liabilities is €15,897 Mil. Overall, Terna SpA has a GF Score™ of 86/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Terna SpA's Total Liabilities compare to NEE and SO?
Terna SpA's Total Liabilities of €15,897 Mil can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Liabilities for an Utilities - Regulated company?
A good Total Liabilities depends on the Utilities - Regulated industry context. However, Total Liabilities should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Terna SpA and its competitors. Terna SpA's current Total Liabilities is €15,897 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Terna SpA stock overvalued right now?
Based on GuruFocus' analysis, Terna SpA (MIL:TRN) is currently considered Fairly Valued. The stock's GF Value™ is €9.88, compared to a current price of €10.14 — trading 2.6% above its estimated fair value. The current Total Liabilities is €15,897 Mil. Terna SpA's overall GF Score™ is 86/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Terna SpA (MIL:TRN), the current Total Liabilities is €15,897 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Terna SpA (MIL:TRN) Overvalued in 2026?

Based on GuruFocus' analysis, Terna SpA stock appears to be overvalued. The current stock price of €10.14 is trading 2.6% above its estimated GF Value™ of €9.88. GuruFocus considers Terna SpA to be Fairly Valued.

Key valuation signals for MIL:TRN:

  • Total Liabilities: €15,897 Mil
  • GF Value™: €9.88 vs. price of €10.14 (2.6% above fair value)
  • GF Score™: 86/100 with 3 warning signs

No single metric tells the full story. See the MIL:TRN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Terna SpA Business Description

Address Viale Egidio Galbani 70, Rome, ITA, 00156
Terna SpA is an electricity transmission system operator that owns virtually all of the Italian National Transmission Grid. With a monopoly under an Italian government license, Terna transmits and dispatches electricity throughout the country. It is also responsible for the planning, construction, and maintenance of the nation's electrical grid. Terna segments its operations into its Regulated Activities, Non-Regulated Activities, and International Activities. The company generates the vast majority of its revenue from charging transmission fees as a part of its Regulated Activities. Under its Non-Regulated Activities, Terna mainly produces and sells electricity transformers. The company has also made efforts to expand its operations into Italy's neighboring countries and North Africa.
86GF Score

Get the complete analysis for MIL:TRN

Total Liabilities is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€10.14
Price
€9.88
GF Value