Tenaris SA
Tenaris S.A., together with its subsidiaries, manufactures and supplies steel pipe products and related services for the energy industry and other industrial applications in North America, South America, Europe, the Middle East and Africa, and the Asia Pacific. The company provides steel casings to sustain the walls of oil and gas wells during and after drilling; steel tubing for conducting crude… Read more
Tenaris SA (0HXB) - Total Assets
Latest total assets as of September 2021: €14.54 Billion EUR
Based on the latest financial reports, Tenaris SA (0HXB) holds total assets worth €14.54 Billion EUR as of September 2021.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Tenaris SA - Total Assets Trend (2016–2020)
This chart illustrates how Tenaris SA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Tenaris SA - Asset Composition Analysis
Current Asset Composition (December 2020)
Tenaris SA's total assets of €14.54 Billion consist of 31.3% current assets and 68.7% non-current assets.
| Asset Category | Amount (EUR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | €0.00 | 0.7% |
| Accounts Receivable | €1.12 Billion | 8.2% |
| Inventory | €1.64 Billion | 11.9% |
| Property, Plant & Equipment | €6.44 Billion | 46.9% |
| Intangible Assets | €343.09 Million | 2.5% |
| Goodwill | €1.09 Billion | 7.9% |
Asset Composition Trend (2016–2020)
This chart illustrates how Tenaris SA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Tenaris SA's current assets represent 31.3% of total assets in 2020, a decrease from 34.4% in 2016.
- Cash Position: Cash and equivalents constituted 0.7% of total assets in 2020, down from 1.5% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 9.0% of total assets, a decrease from 13.0% in 2016.
- Asset Diversification: The largest asset category is property, plant & equipment at 46.9% of total assets.
Tenaris SA Competitors by Total Assets
Key competitors of Tenaris SA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
| No similar companies found. | ||
Tenaris SA - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Tenaris SA generates 0.38x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Tenaris SA is currently not profitable relative to its asset base.
Tenaris SA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.94 | 2.73 | 3.55 |
| Quick Ratio | 2.40 | 1.40 | 2.23 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | €7.43 Billion | € 4.81 Billion | € 3.14 Billion |
Tenaris SA - Advanced Valuation Insights
This section examines the relationship between Tenaris SA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | - |
| Latest Market Cap to Assets Ratio | 0.57 |
| Asset Growth Rate (YoY) | -7.6% |
| Total Assets | €13.72 Billion |
| Market Capitalization | $7.88 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Tenaris SA's assets below their book value (0.57 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Tenaris SA's assets decreased by 7.6% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Tenaris SA (2016–2020)
The table below shows the annual total assets of Tenaris SA from 2016 to 2020.
| Year | Total Assets | Change |
|---|---|---|
| 2020-12-31 | €13.72 Billion | -7.59% |
| 2019-12-31 | €14.84 Billion | +4.15% |
| 2018-12-31 | €14.25 Billion | -1.02% |
| 2017-12-31 | €14.40 Billion | +2.82% |
| 2016-12-31 | €14.00 Billion | -- |