Transportadora de Gas del Norte Balance Sheet Health
Financial Health criteria checks 5/6
Transportadora de Gas del Norte has a total shareholder equity of ARS736.7B and total debt of ARS89.6B, which brings its debt-to-equity ratio to 12.2%. Its total assets and total liabilities are ARS980.2B and ARS243.6B respectively. Transportadora de Gas del Norte's EBIT is ARS44.2B making its interest coverage ratio 192.8. It has cash and short-term investments of ARS172.6B.
Key information
12.2%
Debt to equity ratio
AR$89.57b
Debt
| Interest coverage ratio | 192.8x |
| Cash | AR$172.62b |
| Equity | AR$736.66b |
| Total liabilities | AR$243.58b |
| Total assets | AR$980.23b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGN4D's short term assets (ARS289.9B) exceed its short term liabilities (ARS147.4B).
Long Term Liabilities: TGN4D's short term assets (ARS289.9B) exceed its long term liabilities (ARS96.1B).
Debt to Equity History and Analysis
Debt Level: TGN4D has more cash than its total debt.
Reducing Debt: TGN4D's debt to equity ratio has reduced from 25% to 12.2% over the past 5 years.
Debt Coverage: TGN4D's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: TGN4D's interest payments on its debt are well covered by EBIT (192.8x coverage).