Saipem SpA
Saipem SpA provides energy and infrastructure solutions worldwide. It operates through Asset Based Services, Offshore Drilling, and Energy Carriers segments. The company offers development of subsea fields and pipelaying; installation and lifting of offshore structures; engages in engineering, implementation, installation, maintenance, modification, and decommissioning activities, as well as offs… Read more
Saipem SpA (SAPMF) - Total Assets
Latest total assets as of June 2025: $13.89 Billion USD
Based on the latest financial reports, Saipem SpA (SAPMF) holds total assets worth $13.89 Billion USD as of June 2025.
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.
Saipem SpA - Total Assets Trend (2002–2024)
This chart illustrates how Saipem SpA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Saipem SpA - Asset Composition Analysis
Current Asset Composition (December 2024)
Saipem SpA's total assets of $13.89 Billion consist of 67.3% current assets and 32.8% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.7% |
| Accounts Receivable | $5.92 Billion | 40.8% |
| Inventory | $310.00 Million | 2.1% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $27.00 Million | 0.2% |
| Goodwill | $641.00 Million | 4.4% |
Asset Composition Trend (2002–2024)
This chart illustrates how Saipem SpA'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: Saipem SpA's current assets represent 67.3% of total assets in 2024, an increase from 38.7% in 2002.
- Cash Position: Cash and equivalents constituted 9.7% of total assets in 2024, up from 0.1% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 4.0% of total assets, an increase from 1.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 40.8% of total assets.
Saipem SpA Competitors by Total Assets
Key competitors of Saipem SpA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Xinjiang Zhundong Petroleum
SHE:002207
|
China | CN¥399.19 Million |
|
Yantai Jereh Oilfield Services Group Co Ltd
SHE:002353
|
China | CN¥38.08 Billion |
|
China Oil HBP Science & Technology Co Ltd
SHE:002554
|
China | CN¥5.76 Billion |
|
Zhejiang Renzhi Co Ltd
SHE:002629
|
China | CN¥269.97 Million |
|
Reservoir Link Energy Bhd
KLSE:0219
|
Malaysia | RM215.28 Million |
|
Ocean Vantage Holdings Bhd
KLSE:0220
|
Malaysia | RM108.28 Million |
|
Aker Solutions OL
F:1AKA
|
Germany | €38.35 Billion |
|
Prime Oil Chemical Service Corp
TW:2904
|
Taiwan | NT$1.82 Billion |
Saipem SpA - 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
Strong asset utilization - Saipem SpA generates 1.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Saipem SpA generates $ 2.11 in net profit.
Saipem SpA - 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 | 1.13 | 1.10 | 1.21 |
| Quick Ratio | 1.09 | 1.06 | 1.15 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $1.01 Billion | $ 804.00 Million | $ 1.06 Billion |
Saipem SpA - Advanced Valuation Insights
This section examines the relationship between Saipem SpA'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 | 2.46 |
| Latest Market Cap to Assets Ratio | 0.17 |
| Asset Growth Rate (YoY) | 12.9% |
| Total Assets | $14.52 Billion |
| Market Capitalization | $2.48 Billion USD |
Valuation Analysis
Below Book Valuation: The market values Saipem SpA's assets below their book value (0.17 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Saipem SpA's assets grew by 12.9% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Saipem SpA (2002–2024)
The table below shows the annual total assets of Saipem SpA from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $14.52 Billion | +12.86% |
| 2023-12-31 | $12.87 Billion | +3.78% |
| 2022-12-31 | $12.40 Billion | +7.41% |
| 2021-12-31 | $11.54 Billion | +2.49% |
| 2020-12-31 | $11.26 Billion | -13.43% |
| 2019-12-31 | $13.01 Billion | +11.41% |
| 2018-12-31 | $11.68 Billion | -7.25% |
| 2017-12-31 | $12.59 Billion | -11.87% |
| 2016-12-31 | $14.29 Billion | -12.46% |
| 2015-12-31 | $16.32 Billion | -7.25% |
| 2014-12-31 | $17.59 Billion | +3.23% |
| 2013-12-31 | $17.04 Billion | -0.88% |
| 2012-12-31 | $17.20 Billion | +8.47% |
| 2011-12-31 | $15.85 Billion | +5.48% |
| 2010-12-31 | $15.03 Billion | +6.48% |
| 2009-12-31 | $14.11 Billion | +0.86% |
| 2008-12-31 | $13.99 Billion | +19.74% |
| 2007-12-31 | $11.69 Billion | +22.61% |
| 2006-12-31 | $9.53 Billion | +59.70% |
| 2005-12-31 | $5.97 Billion | +17.34% |
| 2004-12-31 | $5.09 Billion | +2.44% |
| 2003-12-31 | $4.96 Billion | +9.97% |
| 2002-12-31 | $4.51 Billion | -- |