Snam S.p.A.

Milan Stock Exchange SRG.MI

Snam S.p.A. Debt to Equity Ratio for the year ending December 31, 2023: 2.18

Snam S.p.A. Debt to Equity Ratio is 2.18 for the year ending December 31, 2023, a 19.06% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • Snam S.p.A. Debt to Equity Ratio for the year ending December 31, 2022 was 1.83, a -14.09% change year over year.
  • Snam S.p.A. Debt to Equity Ratio for the year ending December 31, 2021 was 2.13, a -13.45% change year over year.
  • Snam S.p.A. Debt to Equity Ratio for the year ending December 31, 2020 was 2.46, a 4.30% change year over year.
  • Snam S.p.A. Debt to Equity Ratio for the year ending December 31, 2019 was 2.36, a 5.34% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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Milan Stock Exchange: SRG.MI

Snam S.p.A.

CEO Mr. Stefano Venier
IPO Date Dec. 6, 2001
Location Italy
Headquarters Piazza Santa Barbara, 7
Employees 3,847
Sector Energy
Industries
Description

Snam S.p.A., together with its subsidiaries, engages in the operation of natural gas transport and storage infrastructure in Italy. The company operates through Natural Gas Transportation, Liquefied Natural Gas (LNG) Regasification, and Natural Gas Storage segments. It provides natural gas transportation and dispatching services with approximately 32,700 kilometers of high-and medium-pressure gas pipelines; and owns and manages LNG regasification plants. The company also offers natural gas storage services through an integrated group of infrastructure comprising deposits, wells, gas treatment and compression plants, and the operational dispatching systems; and operates nine storage concessions, including five in Lombardy, three in Emilia-Romagna, and one in Abruzzo. In addition, it engages in the lease and maintenance of fibre optic telecommunications cables, as well as provides integrated services in the natural gas mobility sector; energy efficiency solutions for residential, industrial, tertiary, and public administration sectors; and management of biogas and biomethane plants. Further, the company offers engineering and project management services; and supervision of infrastructure planning activities. It also operates in Albania, Saudi Arabia, Austria, China, Egypt, the United Arab Emirates, France, Greece, the United Kingdom, and the United States. The company was formerly known as Snam Rete Gas S.p.A. and changed its name to Snam S.p.A. in January 2012. Snam S.p.A. was founded in 1941 and is headquartered in San Donato Milanese, Italy.

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StockViz Staff

January 15, 2025

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