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

Latest as of December 2025: 0.429x

Based on the latest financial reports, TGS NOPEC Geophysical Company ASA (TGS) has a cash flow conversion efficiency ratio of 0.429x as of December 2025. 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 (Nkr850.00 Million ≈ $89.44 Million USD) by net assets (Nkr1.98 Billion ≈ $208.44 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

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. Read TGS current and long-term liabilities for a breakdown of total debt and financial obligations.

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
EREGLI DEM CEL FABR DL1 F:EDVA	0.060x
Giantec Semiconductor Corp SHG:688123	0.064x
HMS Networks AB (publ) ST:HMS	0.067x
FIBI Holdings Ltd TA:FIBIH	-0.119x
BKV Corporation NYSE:BKV	0.034x
OceanaGold Corporation F:RQQ	0.106x
Aperam SA MC:APAM	0.051x
KCC Corporation KO:002380	0.048x

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 market value of TGS NOPEC Geophysical Company ASA.

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

$3.02 Billion

Nkr28.74 Billion NOK

Market Cap Rank

#4960 Global

#28 in Norway

Share Price

Nkr146.30

Change (1 day)

-0.41%

52-Week Range

Nkr70.05 - Nkr159.00

All Time High

Nkr266.25