EEni S.p.A.
Is it safe?
Nothing alarming, nothing pristine: comfortable debt (A) and steady price behavior.
Investment-grade balance sheet. A rule of thumb on leverage, not a credit rating.
Relatively steady, low volatility. Worst drawdown -62% · now 2% below its 52-week high.
Where this answer is blind. Altman sits structurally low for utilities and pipelines; Beneish runs high for fast growers, since sales growth alone lifts it; banks and REITs are excluded.
Can E take a bad year?
Eni S.p.A. carries $16.7B of net debt at 1.35× EBITDA: a load its earnings can carry.
Net debt · as at FY2025 · under two and a half years of EBITDA, comfortable
- Net debt / EBITDA
- 1.35×
Net debt / EBITDA · 1.65× a year ago · the load is coming down
- Interest cover
- 0.61×
Interest cover · operating profit does not cover the interest bill
- Annualised volatility
- 25%
Annualised volatility · about as steady as the market itself
Details›
- Total debtFY2025
- $28.5B
- Cash and short-term investments
- $11.8B
- Net debt
- $16.7B
- EBITDA, trailing twelve months
- $12.4B
- Operating profit, trailing twelve months
- $5.01B
- Debt / equity
- 0.59×
- Total debt / EBITDA
- 2.31×
- Annualised volatilitytwo years of daily moves
- 25%
- Worst drawdown on file
- −62%
- Below its 52-week high
- 2.2%
Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.
Oil & Gas Integrated
Ranks #9 of 12 by RyuScore