TGS Balance Sheet Health
Financial Health criteria checks 3/6
TGS has a total shareholder equity of $2.1B and total debt of $718.3M, which brings its debt-to-equity ratio to 34.7%. Its total assets and total liabilities are $4.1B and $2.0B respectively. TGS's EBIT is $181.3M making its interest coverage ratio 11.8. It has cash and short-term investments of $213.8M.
Key information
34.7%
Debt to equity ratio
US$718.33m
Debt
| Interest coverage ratio | 11.8x |
| Cash | US$213.75m |
| Equity | US$2.07b |
| Total liabilities | US$2.01b |
| Total assets | US$4.08b |
Recent financial health updates
These 4 Measures Indicate That TGS (OB:TGS) Is Using Debt Reasonably Well
Aug 31
TGS (OB:TGS) Seems To Use Debt Quite Sensibly
Jul 11Here's Why TGS (OB:TGS) Can Manage Its Debt Responsibly
Mar 31Recent updates
We 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 27Why 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 01Here's Why TGS (OB:TGS) Can Manage Its Debt Responsibly
Mar 31TGS ASA Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Feb 12New Forecasts: Here's What Analysts Think The Future Holds For TGS ASA (OB:TGS)
Feb 09Are Investors Undervaluing TGS ASA (OB:TGS) By 45%?
Jan 11Financial Position Analysis
Short Term Liabilities: TGS's short term assets ($807.5M) do not cover its short term liabilities ($1.2B).
Long Term Liabilities: TGS's short term assets ($807.5M) do not cover its long term liabilities ($821.4M).
Debt to Equity History and Analysis
Debt Level: TGS's net debt to equity ratio (24.4%) is considered satisfactory.
Reducing Debt: TGS's debt to equity ratio has increased from 0.2% to 34.7% over the past 5 years.
Debt Coverage: TGS's debt is well covered by operating cash flow (82.8%).
Interest Coverage: TGS's interest payments on its debt are well covered by EBIT (11.8x coverage).