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
TGS (OB:TGS) Seems To Use Debt Quite Sensibly
Jul 11Here's Why TGS (OB:TGS) Can Manage Its Debt Responsibly
Mar 31Recent updates
Is 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 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 17Financial Position Analysis
Short Term Liabilities: TGS's short term assets ($508.9M) do not cover its short term liabilities ($698.9M).
Long Term Liabilities: TGS's short term assets ($508.9M) exceed its long term liabilities ($176.1M).
Debt to Equity History and Analysis
Debt Level: TGS has more cash than its total debt.
Reducing Debt: TGS's debt to equity ratio has increased from 0.2% to 4.7% over the past 5 years.
Debt Coverage: TGS's debt is well covered by operating cash flow (858.8%).
Interest Coverage: TGS's interest payments on its debt are well covered by EBIT (50.4x coverage).