TSTenaris S.A.

$53.86

Is it safe?

Can TS take a bad year?

Tenaris S.A. holds $526M more cash than debt, so a bad year is a question about profits, not about lenders.

$526M

Net cash

Net debt / EBITDA
net cash

Net debt / EBITDA · no net borrowings to measure against earnings

Interest cover
48.6×

Interest cover · operating profit covers the interest bill several times over

Annualised volatility
29%

Annualised volatility · about as steady as the market itself

Details
Total debtFY2025
$306M
Cash and short-term investments
$832M
Net cash
$526M
EBITDA, trailing twelve months
$2.78B
Operating profit, trailing twelve months
$2.28B
Debt / equity
0.02×
Total debt / EBITDA
0.11×
Annualised volatilitytwo years of daily moves
29%
Worst drawdown on file
−76%
Below its 52-week high
−16%

Balance sheet from SEC filings; drawdown and volatility from end-of-day closes; Altman Z from the filed statements.