Transportadora de Gas del Sur (Transportadora de Gas del Sur) Cash-to-Debt

: 0.82 (As of Sep. 2023)

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Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Transportadora de Gas del Sur's cash to debt ratio for the quarter that ended in Sep. 2023 was 0.82.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Transportadora de Gas del Sur couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2023.

The historical rank and industry rank for Transportadora de Gas del Sur's Cash-to-Debt or its related term are showing as below:

TGS' s Cash-to-Debt Range Over the Past 10 Years
Min: 0.16 Med: 0.42 Max: 1.33
Current: 0.82

During the past 13 years, Transportadora de Gas del Sur's highest Cash to Debt Ratio was 1.33. The lowest was 0.16. And the median was 0.42.

TGS's Cash-to-Debt is ranked better than
58.12% of 1022 companies
in the Oil & Gas industry
Industry Median: 0.505 vs TGS: 0.82

Transportadora de Gas del Sur Cash-to-Debt Historical Data

The historical data trend for Transportadora de Gas del Sur's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Transportadora de Gas del Sur Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Cash-to-Debt

0.81

0.32

0.16

0.34

0.45

Transportadora de Gas del Sur Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Cash-to-Debt																0.48	0.45	0.80	0.84	0.82

Competitive Comparison

For the Oil & Gas Integrated subindustry, Transportadora de Gas del Sur's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Transportadora de Gas del Sur Cash-to-Debt Distribution

For the Oil & Gas industry and Energy sector, Transportadora de Gas del Sur's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Transportadora de Gas del Sur's Cash-to-Debt falls into.

Transportadora de Gas del Sur Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Transportadora de Gas del Sur's Cash to Debt Ratio for the fiscal year that ended in Dec. 2022 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	252.192	/	(21.13	+	540.973)
	=	0.45

Transportadora de Gas del Sur's Cash to Debt Ratio for the quarter that ended in Sep. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	468.881	/	(63.424	+	510.08)
	=	0.82

Transportadora de Gas del Sur (NYSE:TGS) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Transportadora de Gas del Sur Cash-to-Debt Related Terms

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Transportadora de Gas del Sur (Transportadora de Gas del Sur) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Sur SA (NYSE:TGS) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

TGS:Mexico T2K1:Germany TGSU2:Argentina

Address

Don Bosco 3672, 5th Floor, Buenos Aires, ARG, C1206ABF

Website

https://www.tgs.com.ar

Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Production and Commercialization of Liquids, Other Services, and Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of its revenue from Argentina.