Exhibit 7.1
Tenaris – Liquid financial assets over total assets
|
|
At December 31, |
||||||
|
Thousands of U.S. dollars |
2020 |
2019 |
2018 |
||||
|
|
|
|
|
||||
|
Cash and cash equivalents |
584,681 |
1,554,299 |
428,361 |
||||
|
Other current investments |
872,488 |
210,376 |
487,734 |
||||
|
Bonds and other fixed income |
239,422 |
18,012 |
113,829 |
||||
|
Liquid financial assets |
1,696,591 |
1,782,687 |
1,029,924 |
||||
|
Total assets |
13,716,189 |
14,842,991 |
14,251,299 |
||||
|
Ratio |
12% |
12% |
7% |
||||
Tenaris – Total Liabilities to Total Assets Ratio
|
|
At December 31, |
|||||
|
Thousands of U.S. dollars |
2020 |
2019 |
2018 |
|||
|
|
|
|
|
|||
|
Total liabilities |
2,269,716 |
2,656,619 |
2,375,807 |
|||
|
Total assets |
13,716,189 |
14,842,991 |
14,251,299 |
|||
|
Ratio |
0.17 |
0.18 |
0.17 |
|||
Tenaris – Current borrowings to total borrowings
|
|
At December 31, |
|||||
|
Millions of U.S. dollars |
2020 |
2019 |
2018 |
|||
|
|
|
|
|
|||
|
Current borrowings |
303,268 |
781,272 |
509,820 |
|||
|
Total borrowings |
619,007 |
822,152 |
539,007 |
|||
|
Ratio |
0.49 |
0.95 |
0.95 |
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