Transportadora de Gas del Norte SA Class C (TGNO4) — Cash Flow Reinvestment Rate
Transportadora de Gas del Norte SA Class C (TGNO4) has a Cash Flow Reinvestment Rate of 7.69x as of June 2026, reinvesting AR$67.67 Billion (capex AR$35.76 Billion plus investments AR$31.91 Billion) from operating cash flow of AR$8.80 Billion. See Transportadora de Gas del Norte SA Class free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
Reinvestment Rate
Total Reinvested
Operating Cash Flow
Capital Expenditures
Transportadora de Gas del Norte SA Class C Cash Flow Reinvestment Rate (2016–2025)
Historical reinvestment intensity for Transportadora de Gas del Norte SA Class C across 9 annual periods. For the full cash flow conversion analysis, see Transportadora de Gas del Norte SA Class cash flow conversion.
Annual Cash Flow Reinvestment Rate for Transportadora de Gas del Norte SA Class C (2016–2025)
Year-by-year capital reinvestment analysis for Transportadora de Gas del Norte SA Class C. See TGNO4 financial flexibility index to measure the company's free cash flow as a share of total liabilities.
| Year | Reinvestment Rate | Total Reinvested (ARS) | Operating CF | Capex | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.43x | AR$193.88 Billion | AR$446.57 Billion | AR$91.09 Billion | ▼ -92.6% |
| 2024 | 5.86x | AR$313.85 Billion | AR$53.58 Billion | AR$69.56 Billion | ▲ +588.1% |
| 2022 | 0.85x | AR$14.05 Billion | AR$16.50 Billion | AR$7.75 Billion | ▲ +76.0% |
| 2021 | 0.48x | AR$11.57 Billion | AR$23.92 Billion | AR$6.32 Billion | ▼ -0.8% |
| 2020 | 0.49x | AR$5.80 Billion | AR$11.89 Billion | AR$3.90 Billion | ▼ -64.3% |
| 2019 | 1.36x | AR$11.95 Billion | AR$8.75 Billion | AR$3.77 Billion | ▲ +104.5% |
| 2018 | 0.67x | AR$7.32 Billion | AR$10.96 Billion | AR$3.45 Billion | ▼ -24.1% |
| 2017 | 0.88x | AR$1.27 Billion | AR$1.45 Billion | AR$1.25 Billion | ▼ -17.8% |
| 2016 | 1.07x | AR$617.49 Million | AR$577.16 Million | AR$328.61 Million | — |