Exhibit 7.1
Tenaris – Liquid financial assets over total assets
|
|
At December 31, |
||
|
Thousands of U.S. dollars |
2021 |
2020 |
2019 |
|
Cash and cash equivalents |
318,127 |
584,681 |
1,554,299 |
|
Other current investments |
397,849 |
872,488 |
210,376 |
|
Bonds and other fixed income |
312,619 |
239,422 |
18,012 |
|
Liquid financial assets |
1,028,595 |
1,696,591 |
1,782,687 |
|
Total assets |
14,449,431 |
13,716,189 |
14,842,991 |
|
Ratio |
7% |
12% |
12% |
Tenaris – Total Liabilities to Total Assets Ratio
|
|
At December 31, |
||
|
Thousands of U.S. dollars |
2021 |
2020 |
2019 |
|
Total liabilities |
2,343,729 |
2,269,716 |
2,656,619 |
|
Total assets |
14,449,431 |
13,716,189 |
14,842,991 |
|
Ratio |
0.16 |
0.17 |
0.18 |
Tenaris – Current borrowings to total borrowings
|
|
At December 31, |
||
|
Thousands of U.S. dollars |
2021 |
2020 |
2019 |
|
Current borrowings |
219,501 |
303,268 |
781,272 |
|
Total borrowings |
330,933 |
619,007 |
822,152 |
|
Ratio |
0.66 |
0.49 |
0.95 |