TGS Balance Sheet Health
Financial Health criteria checks 5/6
TGS has a total shareholder equity of $1.3B and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $2.0B and $680.8M respectively. TGS's EBIT is $123.5M making its interest coverage ratio 41.7. It has cash and short-term investments of $196.7M.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | 41.7x |
Cash | US$196.74m |
Equity | US$1.28b |
Total liabilities | US$680.84m |
Total assets | US$1.96b |
Recent financial health updates
TGS (OB:TGS) Seems To Use Debt Quite Sensibly
Jul 11Here's Why TGS (OB:TGS) Can Manage Its Debt Responsibly
Mar 31Recent updates
There'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 11TGS (OB:TGS) Is Increasing Its Dividend To $1.48
Oct 30Analysts Just Shipped A Substantial Upgrade To Their TGS ASA (OB:TGS) Estimates
Oct 12Analyst Forecasts For TGS ASA (OB:TGS) Are Surging Higher
Aug 12Rainbows and Unicorns: TGS ASA (OB:TGS) Analysts Just Became A Lot More Optimistic
Jul 26Rainbows and Unicorns: TGS ASA (OB:TGS) Analysts Just Became A Lot More Optimistic
Jun 17An Intrinsic Calculation For TGS ASA (OB:TGS) Suggests It's 32% Undervalued
Apr 28Financial Position Analysis
Short Term Liabilities: TGS's short term assets ($442.9M) do not cover its short term liabilities ($581.9M).
Long Term Liabilities: TGS's short term assets ($442.9M) exceed its long term liabilities ($99.0M).
Debt to Equity History and Analysis
Debt Level: TGS is debt free.
Reducing Debt: TGS has no debt compared to 5 years ago when its debt to equity ratio was 0.2%.
Debt Coverage: TGS has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: TGS has no debt, therefore coverage of interest payments is not a concern.