Transportadora de Gas del Norte SA Class C (TGNO4) — Cash Flow Quality Index
Transportadora de Gas del Norte SA Class C (TGNO4) has a Cash Flow Quality Index of 0.13x as of June 2026. Operating cash flow of AR$8.80 Billion is below net income of AR$65.43 Billion, suggesting accrual-heavy earnings not yet converted to cash. Explore TGNO4 debt coverage from operations to assess how comfortably operating cash covers total debt obligations.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Transportadora de Gas del Norte SA Class C Cash Flow Quality Index (2017–2025)
Historical Cash Flow Quality Index for Transportadora de Gas del Norte SA Class C across 7 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see TGNO4 cash flow conversion.
Annual Cash Flow Quality Index for Transportadora de Gas del Norte SA Class C (2017–2025)
Year-by-year earnings quality comparison for Transportadora de Gas del Norte SA Class C.
| Year | Quality Index | Operating CF (ARS) | Net Income | YoY Change |
|---|---|---|---|---|
| 2025 | 2.04x | AR$446.57 Billion | AR$219.04 Billion | ▲ +84.7% |
| 2024 | 1.10x | AR$53.58 Billion | AR$48.53 Billion | ▲ +388.3% |
| 2023 | -0.38x | AR$-51.08 Billion | AR$133.39 Billion | ▼ -110.0% |
| 2020 | 3.84x | AR$11.89 Billion | AR$3.09 Billion | ▲ +86.8% |
| 2019 | 2.06x | AR$8.75 Billion | AR$4.26 Billion | ▲ +7.4% |
| 2018 | 1.91x | AR$10.96 Billion | AR$5.73 Billion | ▲ +185.5% |
| 2017 | 0.67x | AR$1.45 Billion | AR$2.16 Billion | — |