Tenaris S.A. Balance Sheet
NYSE: TSIndustrialsSteel/Iron OreUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Tenaris S.A. financial position
At the end of fiscal 2025, Tenaris S.A. reported total assets of $20.07 billion, down 1.8% from a year earlier against total liabilities of $3.24 billion. Shareholders' equity stood at $16.60 billion, or 82.7% of assets. The company held $572.6 million in cash and equivalents against $305.7 million of debt, a net cash position of $266.9 million.
The current ratio (current assets divided by current liabilities) was 3.87, meaning short-term assets cover obligations due within a year. Debt-to-equity was 0.02.
Summary generated from market data by MetaCap's automated system. Methodology
Tenaris S.A. balance sheet (annual)
| Fiscal year (USD) | FY 20252025-12-31 | FY 20242024-12-31 | FY 20232023-12-31 | FY 20222022-12-31 | FY 20212021-12-31 | FY 20192020-12-31 | FY 20192019-12-31 | FY 20182018-12-31 | FY 20172017-12-31 | FY 20162016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 572.65M | 675.26M | 1.64B | 1.09B | 318.13M | 584.68M | 1.55B | 428.36M | 330.22M | 399.74M |
| Short-Term Investments | 2.31B | 2.37B | 1.97B | 438.45M | 397.85M | 872.49M | 210.38M | 487.73M | 1.19B | 1.63B |
| Inventory | 3.60B | 3.71B | 3.92B | 3.99B | 2.67B | 1.64B | 2.27B | 2.52B | 2.37B | 1.56B |
| Total Current Assets | 9.07B | 9.24B | 10.50B | 8.47B | 4.98B | 4.29B | 5.67B | 5.46B | 5.38B | 4.82B |
| Property, Plant & Equipment | 6.21B | 6.12B | 6.08B | 5.56B | 5.82B | 6.19B | 6.09B | 6.06B | 6.23B | 6.00B |
| Goodwill | — | — | 1.10B | 1.08B | 1.08B | 1.09B | 1.32B | 1.29B | 1.29B | — |
| Total Assets | 20.07B | 20.45B | 21.08B | 17.55B | 14.45B | 13.72B | 14.84B | 14.25B | 14.40B | 14.00B |
| Accounts Payable | 872.91M | 880.26M | 1.11B | 1.18B | 845.26M | 462.11M | 555.89M | 693.67M | 750.74M | 556.83M |
| Short-Term Debt | 305.35M | 426.00M | 535.13M | 682.33M | 219.50M | 303.27M | 303.27M | 509.82M | 931.21M | 808.69M |
| Total Current Liabilities | 2.35B | 2.64B | 2.90B | 2.79B | 1.56B | 1.17B | 1.78B | 1.72B | 2.07B | 1.71B |
| Long-Term Debt | 368.00K | 11.40M | 48.30M | 46.43M | 111.43M | 315.74M | 40.88M | 29.19M | 34.65M | 31.54M |
| Total Liabilities | 3.24B | 3.64B | 4.05B | 3.52B | 2.34B | 2.27B | 2.66B | 2.38B | 2.82B | 2.59B |
| Shareholders' Equity | 16.60B | 16.59B | 16.84B | 13.91B | 11.96B | 11.26B | 11.99B | 11.78B | 11.48B | 11.29B |
| Total Debt | 305.72M | 437.40M | 583.44M | 728.76M | 330.93M | 619.01M | 344.15M | 539.01M | 965.86M | 840.24M |
| Net Cash (Debt) | 2.57B | 2.61B | 3.02B | 801.21M | 385.04M | 838.16M | 1.42B | 377.09M | 556.67M | 1.19B |
| Shares Outstanding | 1.01B | 1.08B | 1.17B | 1.18B | 1.18B | 1.18B | 1.18B | 1.18B | 1.18B | 1.18B |
This table shows 10 annual periods of Tenaris S.A.'s balance sheet, from FY 2025 back to FY 2016, across 16 line items including cash & equivalents, short-term investments, inventory. Values in USD; B = billions, M = millions. Fiscal periods follow TS's reporting calendar. What is a balance sheet?