TGS Balance Sheet Health
Financial Health criteria checks 4/6
TGS has a total shareholder equity of $1.2B and total debt of $58.2M, which brings its debt-to-equity ratio to 4.7%. Its total assets and total liabilities are $2.1B and $875.0M respectively. TGS's EBIT is $117.9M making its interest coverage ratio 50.4. It has cash and short-term investments of $159.8M.
Key information
4.7%
Debt to equity ratio
US$58.20m
Debt
Interest coverage ratio | 50.4x |
Cash | US$159.81m |
Equity | US$1.24b |
Total liabilities | US$875.02m |
Total assets | US$2.12b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: TGC's short term assets ($508.9M) do not cover its short term liabilities ($698.9M).
Long Term Liabilities: TGC's short term assets ($508.9M) exceed its long term liabilities ($176.1M).
Debt to Equity History and Analysis
Debt Level: TGC has more cash than its total debt.
Reducing Debt: TGC's debt to equity ratio has increased from 0.2% to 4.7% over the past 5 years.
Debt Coverage: TGC's debt is well covered by operating cash flow (858.8%).
Interest Coverage: TGC's interest payments on its debt are well covered by EBIT (50.4x coverage).