Market cap is the total market value to buy the whole company. It is equal to the share price times the number of Shares Outstanding (EOP). TGS ASA's share price for the quarter that ended in Dec. 2023 was kr132.2. TGS ASA's Shares Outstanding (EOP) for the quarter that ended in Dec. 2023 was 131 Mil. Therefore, TGS ASA's market cap for the quarter that ended in Dec. 2023 was kr17,300 Mil.
TGS ASA's quarterly market cap
declined
from Jun. 2023 (kr19,882 Mil) to Sep. 2023 (kr19,184 Mil) and
declined
from Sep. 2023 (kr19,184 Mil) to Dec. 2023 (kr17,300 Mil).
TGS ASA's annual market cap
increased
from Dec. 2021 (kr9,820 Mil) to Dec. 2022 (kr16,430 Mil) and
increased
from Dec. 2022 (kr16,430 Mil) to Dec. 2023 (kr17,300 Mil).
Enterprise Value is the theoretical takeover price. It is more comprehensive than market capitalization (market cap), which only includes common equity. Enterprise Value is calculated as the market cap plus debt and minority interest and preferred shares, minus total cash and cash equivalents. TGS ASA's Enterprise Value for Today is kr16,380 Mil.
TGS ASA Market Cap Historical Data
The historical data trend for TGS ASA's Market Cap 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.
For the Oil & Gas Equipment & Services subindustry, TGS ASA's Market Cap, along with its competitors' market caps and Market Cap 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 Market Cap Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TGS ASA's Market Cap distribution charts can be found below:
* The bar in red indicates where TGS ASA's Market Cap falls into.
TGS ASA Market Cap Calculation
Market cap is the short version of market capitalization. It is the total market value to buy the whole company. It is equal to the share price times the number of shares outstanding.
TGS ASA's Market Cap for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
TGS ASA (OSL:TGS) Market Cap Explanation
Market cap is not the real price you pay for a company. If you buy the company and become its owner, you become the owner of the cash the company has, and you also assume the companys debt. The real price you pay is the Enterprise Value.
Warren Buffett uses the ratio of total market cap of all public traded companies over GDP to measure if the market is expensive. As of April 2012, the US total market cap is about $14.7 trillion, while the US GDP is about $15 trillion. The market was modestly overvalued.
TGS ASA Market Cap Related Terms
Thank you for viewing the detailed overview of TGS ASA's Market Cap provided by GuruFocus.com. Please click on the following links to see related term pages.
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.
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