Tenaris S.A. (2TEN) Balance Sheet

	FY24	FY23	FY22	FY21	FY20	YoY
Assets
Current Assets	$9.2B	$10.5B	$8.5B	$5.0B	$4.3B	-12.1%
Inventories	$3.7B	$3.9B	$4.0B	$2.7B	$1.6B	-5.4%
Trade Receivables	$1.9B	$2.5B	$2.5B	$1.3B	$968.1M	-23.1%
Non-Current Assets	$11.2B	$10.6B	$9.1B	$9.5B	$9.4B	+6.0%
Cash & Equivalents	$675.3M	$1.6B	$1.1B	$318.1M	$584.7M	-58.8%
Property, Plant & Equipment	$6.1B	$6.1B	$5.6B	$5.8B	$6.2B	+0.7%
Deferred Tax Assets	$831.3M	$789.6M	$208.9M	$245.5M	$205.6M	+5.3%
Total Assets	$20.5B	$21.1B	$17.6B	$14.4B	$13.7B	-3.0%
Liabilities
Current Liabilities	$2.6B	$2.9B	$2.8B	$1.6B	$1.2B	-9.1%
Trade Payables	$880.3M	$1.1B	$1.2B	$845.3M	$462.1M	-20.5%
Non-Current Liabilities	$999.6M	$1.1B	$727.4M	$784.1M	$1.1B	-13.0%
Deferred Tax Liabilities	$503.9M	$631.6M	$269.1M	$274.7M	$254.8M	-20.2%
Total Liabilities	$3.6B	$4.1B	$3.5B	$2.3B	$2.3B	-10.2%
Equity
Minority Interests	$220.6M	$187.5M	$128.7M	$145.1M	$183.6M	+17.7%
Total Equity	$16.8B	$17.0B	$14.0B	$12.1B	$11.4B	-1.3%

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Tenaris S.A. — Balance Sheet