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TGS ASA (OSL:TGS) Debt-to-Revenue : 0.18 (As of Dec. 2023)


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What is TGS ASA Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

TGS ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr966 Mil. TGS ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was kr436 Mil. TGS ASA's annualized Revenue for the quarter that ended in Dec. 2023 was kr7,991 Mil. TGS ASA's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 was 0.18.


TGS ASA Debt-to-Revenue Historical Data

The historical data trend for TGS ASA's Debt-to-Revenue 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.

* Premium members only.

TGS ASA Debt-to-Revenue Chart

TGS ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.29 0.16 0.21 0.17

TGS ASA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-Revenue Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.17 0.17 0.14 0.07 0.18

Competitive Comparison of TGS ASA's Debt-to-Revenue

For the Oil & Gas Equipment & Services subindustry, TGS ASA's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


TGS ASA's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TGS ASA's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where TGS ASA's Debt-to-Revenue falls into.



TGS ASA Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

TGS ASA's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(965.66 + 436.017) / 8379.357
=0.17

TGS ASA's annualized Debt-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(965.66 + 436.017) / 7990.832
=0.18

* 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.

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Dec. 2023) Revenue data.


TGS ASA Debt-to-Revenue Related Terms

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TGS ASA (OSL:TGS) Business Description

Traded in Other Exchanges
Address
Askekroken 11, Oslo, NOR, 0277
TGS ASA provides geoscientific data products and services to the oil and gas industry to assist with licensing rounds and the preparation of regional data programs. It invests in multiclient data projects in frontier, emerging, and mature markets worldwide to develop a library of seismic imaging, well data, and interpretive products and services. Reportable segments are Western Hemisphere, Eastern Hemisphere, Digital Energy Solutions, Data Acquisition and Others. The company offers interpretation studies and services that integrate seismic, well logs, biostratigraphic data, core data and other geoscientific data to create basin-wide regional frameworks. TGS' geoscientists also contract consulting work in geology, geophysics, and petrophysics. Majority revenue comes from Latin America.