Key debt ratios
The Snam Group has access to capital markets in order to meet its short and long term financial needs through different sources of funding with the goal to maintain a solid and efficient capital structure.
| 2019 | 2020 | 2021 | |
|---|---|---|---|
| Net financial debt | 11,923 | 12,892 | 14,021 |
| Shareholders' equity
(including minority interests) |
6,258 | 6,472 | 7,240 |
| Net invested capital | 18,181 | 19,364 | 21,261 |
| Cash flow from operating activities | 1,486 | 1,597 | 1,338 |
| Net financial debt/Net invested capital | 65.6% | 66.6% | 65.9% |
| Net financial debt/Shareholders' equity | 1.9x | 2.0x | 1.9X |
| Cash flow from operating activities/Net financial debt | 12.5% | 12.4% | 9.5% |
The Key Debt Ratios is based on reported figures.
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updated
06 April 2022 - 10:37 CEST
06 April 2022 - 10:37 CEST