Tenaris S.A.

Tenaris S.A.verified

TS

Price:

$30.92

Market Cap:

$18.54B

Tenaris S.A., together with its subsidiaries, produces and sells seamless and welded steel tubular products; and provides related services for the oil and gas industry, and other industrial applications. The company offers steel casings, tubing products, mechanical and structural pipes, cold-drawn pipes, and premium joints and couplings; coiled tubing products for oil and gas drilling and workovers, and subsea pipelines; and umbilical tubing products; and tubular accessories. It also provides sucker rods, industrial equipment, heat exchangers, and utility conduits for buildings, as well as sells energy and raw materials. In addition, it offers financial services. The company operates in Nort...[Read more]

Industry

Oil & Gas Equipment & Services

IPO Date

2002-12-16

Stock Exchange

NYSE

Ticker

TS

The Current Ratio as of July 2024 (TTM) for Tenaris S.A. (TS) is 3.52

According to Tenaris S.A.’s latest financial reports and current stock price. The company's current Current Ratio is 3.52. This represents a change of -4.80% compared to the average of 3.70 of the last 4 quarters.

Tenaris S.A. (TS) Historical Current Ratio (quarterly & annually)

How has TS Current Ratio performed in the past?

The mean historical Current Ratio of Tenaris S.A. over the last ten years is 3.15. The current 3.52 Current Ratio has changed 11.08% with respect to the historical average. Over the past ten years (40 quarters), TS's Current Ratio was at its highest in in the September 2023 quarter at 3.94. The Current Ratio was at its lowest in in the June 2018 quarter at 2.50.

Quarterly (TTM)
Annual

Average

3.15

Median

3.18

Minimum

2.60

Maximum

3.68

Tenaris S.A. (TS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Tenaris S.A. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 22.38%

Maximum Annual Current Ratio = 3.68

Minimum Annual Increase = -13.11%

Minimum Annual Current Ratio = 2.60

Quarterly (TTM)
Annual
YearCurrent RatioChange
20233.6219.19%
20223.04-4.91%
20213.19-13.11%
20203.6815.41%
20193.180.16%
20183.1822.38%
20172.60-9.47%
20162.87-12.30%
20153.2715.17%
20142.84-13.02%

Tenaris S.A. (TS) Average Current Ratio

How has TS Current Ratio performed in the past?

The current Current Ratio of Tenaris S.A. (TS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

3.28

5-year avg

3.34

10-year avg

3.15

Tenaris S.A. (TS) Current Ratio vs. Peers

How is TS’s Current Ratio compared to its peers?

Tenaris S.A.’s Current Ratio is greater than TechnipFMC plc (1.16), greater than NOW Inc. (2.26), greater than ChampionX Corporation (1.83), greater than Baker Hughes Company (1.25), greater than Oceaneering International, Inc. (1.76), less than RPC, Inc. (4.75), greater than Bristow Group Inc. (1.71), greater than NexTier Oilfield Solutions Inc. (1.37), greater than Ranger Energy Services, Inc. (2.01), greater than Halliburton Company (2.12), greater than Schlumberger Limited (1.37), greater than NOV Inc. (2.50), greater than Weatherford International plc (1.84), greater than Cactus, Inc. (3.24),

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