Saipem SpA (MIL:SPM) Debt-to-Equity : N/A (As of Sep. 2023)

View and export this data going back to 2000. Start your Free Trial

What is Saipem SpA Debt-to-Equity?

Saipem SpA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0 Mil. Saipem SpA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was €0 Mil. Saipem SpA's Total Stockholders Equity for the quarter that ended in Sep. 2023 was €0 Mil.

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 Saipem SpA's Debt-to-Equity or its related term are showing as below:

MIL:SPM' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.23 Med: 0.97 Max: 12.07
Current: 1.47

During the past 13 years, the highest Debt-to-Equity Ratio of Saipem SpA was 12.07. The lowest was 0.23. And the median was 0.97.

MIL:SPM's Debt-to-Equity is ranked worse than
84.25% of 832 companies
in the Oil & Gas industry
Industry Median: 0.44 vs MIL:SPM: 1.47

Saipem SpA Debt-to-Equity Historical Data

The historical data trend for Saipem SpA'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.

Saipem SpA Debt-to-Equity Chart

Saipem SpA Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-Equity

Get a 7-Day Free Trial

0.75

0.92

1.18

12.07

1.47

Saipem SpA Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Dec22	Jun23	Sep23	Mar24
Debt-to-Equity	Get a 7-Day Free Trial															6.82	1.47	1.56	N/A	N/A

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

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

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

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

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

Saipem SpA Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Saipem SpA's Debt to Equity Ratio for the fiscal year that ended in Dec. 2022 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
	=	(1040	+	1993)	/	2068
	=	1.47

Saipem SpA's Debt to Equity Ratio for the quarter that ended in Sep. 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
	=	(0	+	0)	/	0
	=	N/A

Saipem SpA (MIL:SPM) 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.

Saipem SpA Debt-to-Equity Related Terms

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

Saipem SpA (MIL:SPM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Saipem SpA (MIL:SPM) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

SAPMY:USA SAPMF:USA 0RPI:UK SPEA:Germany

Address

Via Luigi Russolo, 5, Milano, ITA, 20138

Website

https://www.saipem.com

Saipem is a conglomerate of oil and gas engineering and construction and drilling services. The company began as the services appendage of oil major Eni, although today Eni as a customer accounts for generally less than 10% of revenue. Saipem is distinguished for leading industry megaprojects like the Nord Stream pipeline carrying large volumes of natural gas from Russia to European markets.

Saipem SpA (MIL:SPM) Headlines

No Headlines