TGS Balance Sheet Health
Financial Health criteria checks 4/6
TGS has a total shareholder equity of $2.1B and total debt of $649.5M, which brings its debt-to-equity ratio to 31.3%. Its total assets and total liabilities are $4.0B and $2.0B respectively. TGS's EBIT is $304.1M making its interest coverage ratio 10.7. It has cash and short-term investments of $122.8M.
Key information
31.3%
Debt to equity ratio
US$649.48m
Debt
| Interest coverage ratio | 10.7x |
| Cash | US$122.80m |
| Equity | US$2.08b |
| Total liabilities | US$1.96b |
| Total assets | US$4.04b |
Recent financial health updates
Does TGS (OB:TGS) Have A Healthy Balance Sheet?
Feb 15
These 4 Measures Indicate That TGS (OB:TGS) Is Using Debt Reasonably Well
Aug 31TGS (OB:TGS) Seems To Use Debt Quite Sensibly
Jul 11Recent updates
TGS ASA's (OB:TGS) Share Price Is Still Matching Investor Opinion Despite 25% Slump
Apr 10
Expansion Into California And Ireland Will Position Us For Future Participation In New Energy Sectors
Mar 11 Successful merger and refinancing efforts are expected to enhance net margins and reduce financial costs, boosting potential net earnings.TGS (OB:TGS) Is Paying Out A Larger Dividend Than Last Year
Feb 23Does TGS (OB:TGS) Have A Healthy Balance Sheet?
Feb 15Getting In Cheap On TGS ASA (OB:TGS) Might Be Difficult
Dec 28We Think That There Are More Issues For TGS (OB:TGS) Than Just Sluggish Earnings
Nov 02Earnings Miss: TGS ASA Missed EPS By 32% And Analysts Are Revising Their Forecasts
Oct 27
Best vs worst case scenarios
Oct 17In the most optimistic scenario, TGS capitalizes on its merger with PGS, leveraging the cost synergies of over $50 million annually. This creates a significant financial buffer, allowing the companyWhy We're Not Concerned Yet About TGS ASA's (OB:TGS) 27% Share Price Plunge
Sep 27Broker Revenue Forecasts For TGS ASA (OB:TGS) Are Surging Higher
Sep 25These 4 Measures Indicate That TGS (OB:TGS) Is Using Debt Reasonably Well
Aug 31New Forecasts: Here's What One Analyst Thinks The Future Holds For TGS ASA (OB:TGS)
Jul 25Results: TGS ASA Exceeded Expectations And The Consensus Has Updated Its Estimates
Jul 23Why Investors Shouldn't Be Surprised By TGS ASA's (OB:TGS) P/S
Jul 15Is TGS ASA (OB:TGS) Trading At A 28% Discount?
May 26There's Reason For Concern Over TGS ASA's (OB:TGS) Massive 28% Price Jump
Apr 11TGS' (OB:TGS) Soft Earnings Are Actually Better Than They Appear
Feb 22Estimating The Fair Value Of TGS ASA (OB:TGS)
Dec 15Are Investors Undervaluing TGS ASA (OB:TGS) By 35%?
Sep 16TGS (OB:TGS) Seems To Use Debt Quite Sensibly
Jul 11Is TGS ASA (OB:TGS) Trading At A 35% Discount?
Jun 01Financial Position Analysis
Short Term Liabilities: TGS's short term assets ($829.0M) do not cover its short term liabilities ($1.3B).
Long Term Liabilities: TGS's short term assets ($829.0M) exceed its long term liabilities ($697.2M).
Debt to Equity History and Analysis
Debt Level: TGS's net debt to equity ratio (25.4%) is considered satisfactory.
Reducing Debt: TGS's debt to equity ratio has increased from 0.2% to 31.3% over the past 5 years.
Debt Coverage: TGS's debt is well covered by operating cash flow (96.8%).
Interest Coverage: TGS's interest payments on its debt are well covered by EBIT (10.7x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/04/14 10:31 |
| End of Day Share Price | 2025/04/11 00:00 |
| Earnings | 2024/12/31 |
| Annual Earnings | 2024/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
TGS ASA is covered by 32 analysts. 5 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| null null | ABG Sundal Collier |
| Iver Baatvik | ABN AMRO Bank N.V. |
| Christian Yggeseth | Arctic Securities ASA |