TGS NOPEC Geophysical Company ASA (TGS) - Cash Flow Conversion Efficiency

Latest as of March 2026: 0.129x

Based on the latest financial reports, TGS NOPEC Geophysical Company ASA (TGS) has a cash flow conversion efficiency ratio of 0.129x as of March 2026. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (Nkr249.40 Million ≈ $26.24 Million USD) by net assets (Nkr1.94 Billion ≈ $204.10 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See TGS net asset quality score to measure how much of total assets are equity-financed.

TGS NOPEC Geophysical Company ASA - Cash Flow Conversion Efficiency Trend (2000–2025)

This chart illustrates how TGS NOPEC Geophysical Company ASA's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check TGS NOPEC Geophysical Company ASA cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

TGS NOPEC Geophysical Company ASA Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of TGS NOPEC Geophysical Company ASA ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Joincare Pharmaceutical Group Industry Co Ltd SHG:600380	0.044x
NetScout Systems Inc NASDAQ:NTCT	0.092x
Ballarpur Industries Limited NSE:BALLARPUR	2.403x
Jilin Power Share Co Ltd SHE:000875	0.102x
SpareBank 1 Østlandet OL:SPOL	-0.018x
Kunshan Dongwei Technology Co Ltd SHG:688700	0.027x
China South Publishing & Media Group Co Ltd SHG:601098	-0.021x
Espressif Systems Shanghai Co Ltd SHG:688018	0.046x

Annual Cash Flow Conversion Efficiency for TGS NOPEC Geophysical Company ASA (2000–2025)

The table below shows the annual cash flow conversion efficiency of TGS NOPEC Geophysical Company ASA from 2000 to 2025. For the full company profile with market capitalisation and key ratios, see TGS NOPEC Geophysical Company ASA stock valuation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-12-31	Nkr1.98 Billion ≈ $208.43 Million	Nkr850.00 Million ≈ $89.44 Million	0.429x	+41.68%
2024-12-31	Nkr2.08 Billion ≈ $218.42 Million	Nkr628.72 Million ≈ $66.16 Million	0.303x	-33.91%
2023-12-31	Nkr1.28 Billion ≈ $134.23 Million	Nkr584.65 Million ≈ $61.52 Million	0.458x	+65.59%
2022-12-31	Nkr1.24 Billion ≈ $130.46 Million	Nkr343.15 Million ≈ $36.11 Million	0.277x	-2.81%
2021-12-31	Nkr1.12 Billion ≈ $117.36 Million	Nkr317.65 Million ≈ $33.43 Million	0.285x	+1.63%
2020-12-31	Nkr1.27 Billion ≈ $133.20 Million	Nkr354.73 Million ≈ $37.33 Million	0.280x	-22.74%
2019-12-31	Nkr1.55 Billion ≈ $162.66 Million	Nkr560.65 Million ≈ $59.00 Million	0.363x	+16.40%
2018-12-31	Nkr1.25 Billion ≈ $131.71 Million	Nkr390.02 Million ≈ $41.04 Million	0.312x	-18.94%
2017-12-31	Nkr1.20 Billion ≈ $126.29 Million	Nkr461.31 Million ≈ $48.54 Million	0.384x	+38.55%
2016-12-31	Nkr1.17 Billion ≈ $123.03 Million	Nkr324.37 Million ≈ $34.13 Million	0.277x	-41.32%
2015-12-31	Nkr1.20 Billion ≈ $126.07 Million	Nkr566.51 Million ≈ $59.61 Million	0.473x	+4.67%
2014-12-31	Nkr1.34 Billion ≈ $140.92 Million	Nkr605.01 Million ≈ $63.66 Million	0.452x	+7.48%
2013-12-31	Nkr1.29 Billion ≈ $136.06 Million	Nkr543.48 Million ≈ $57.19 Million	0.420x	-25.97%
2012-12-31	Nkr1.17 Billion ≈ $122.95 Million	Nkr663.40 Million ≈ $69.81 Million	0.568x	+13.51%
2011-12-31	Nkr973.02 Million ≈ $102.39 Million	Nkr486.71 Million ≈ $51.22 Million	0.500x	+11.20%
2010-12-31	Nkr908.77 Million ≈ $95.63 Million	Nkr408.79 Million ≈ $43.02 Million	0.450x	+15.84%
2009-12-31	Nkr839.86 Million ≈ $88.38 Million	Nkr326.12 Million ≈ $34.32 Million	0.388x	-26.83%
2008-12-31	Nkr661.06 Million ≈ $69.56 Million	Nkr350.84 Million ≈ $36.92 Million	0.531x	+11.73%
2007-12-31	Nkr567.83 Million ≈ $59.75 Million	Nkr269.73 Million ≈ $28.38 Million	0.475x	-19.82%
2006-12-31	Nkr477.04 Million ≈ $50.20 Million	Nkr282.62 Million ≈ $29.74 Million	0.592x	+27.62%
2005-12-31	Nkr320.77 Million ≈ $33.75 Million	Nkr148.91 Million ≈ $15.67 Million	0.464x	+7.14%
2004-12-31	Nkr239.54 Million ≈ $25.21 Million	Nkr103.79 Million ≈ $10.92 Million	0.433x	+366.54%
2003-12-31	Nkr195.91 Million ≈ $20.62 Million	Nkr18.20 Million ≈ $1.91 Million	0.093x	+745.76%
2002-12-31	Nkr165.97 Million ≈ $17.47 Million	Nkr-2.39 Million ≈ $-251.18K	-0.014x	-115.93%
2001-12-31	Nkr1.18 Billion ≈ $124.15 Million	Nkr106.48 Million ≈ $11.21 Million	0.090x	+15.60%
2000-12-31	Nkr806.29 Million ≈ $84.84 Million	Nkr62.95 Million ≈ $6.62 Million	0.078x	--

About TGS NOPEC Geophysical Company ASA

OL:TGS Norway Oil & Gas Equipment & Services

Market Cap

$2.74 Billion

Nkr26.08 Billion NOK

Market Cap Rank

#5178 Global

#33 in Norway

Share Price

Nkr132.70

Change (1 day)

+1.45%

52-Week Range

Nkr70.05 - Nkr159.00

All Time High

Nkr266.25