TGS NOPEC Geophysical Company ASA (TGS) — Cash Flow-to-Debt Ratio

Latest as of June 2026: 0.08x

TGS NOPEC Geophysical Company ASA (TGS) has a Cash Flow-to-Debt Ratio of 0.08x as of June 2026, meaning its operating cash flow of Nkr153.80 Million could theoretically repay 0% of its total liabilities (Nkr1.91 Billion) in one year. See TGS NOPEC Geophysical Company ASA financial flexibility index to measure the company's free cash flow as a share of total liabilities.

CF-to-Debt Ratio

0.08x
Operating CF / Total Liabilities

Operating Cash Flow

Nkr153.80 Million
NOK

Total Liabilities

Nkr1.91 Billion
NOK

Data as of

Jun 2026
Most recent filing

TGS NOPEC Geophysical Company ASA Cash Flow-to-Debt Ratio (2000–2025)

Historical debt coverage capacity for TGS NOPEC Geophysical Company ASA across 26 annual periods. For the full cash flow conversion analysis, see TGS NOPEC Geophysical Company ASA cash conversion from operations.

Annual Cash Flow-to-Debt Ratio for TGS NOPEC Geophysical Company ASA (2000–2025)

Year-by-year debt coverage analysis for TGS NOPEC Geophysical Company ASA. Check TGS NOPEC Geophysical Company ASA cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

Year CF-to-Debt Ratio Operating CF (NOK) Total Liabilities YoY Change
2025 0.44x Nkr850.00 Million Nkr1.95 Billion ▲ +35.8%
2024 0.32x Nkr628.72 Million Nkr1.96 Billion ▼ -62.7%
2023 0.86x Nkr584.65 Million Nkr680.84 Million ▲ +49.9%
2022 0.57x Nkr343.15 Million Nkr599.13 Million ▼ -7.2%
2021 0.62x Nkr317.65 Million Nkr514.50 Million ▲ +30.5%
2020 0.47x Nkr354.73 Million Nkr749.57 Million ▼ -45.2%
2019 0.86x Nkr560.65 Million Nkr649.08 Million ▼ -17.5%
2018 1.05x Nkr390.02 Million Nkr372.71 Million ▼ -49.2%
2017 2.06x Nkr461.31 Million Nkr224.00 Million ▲ +95.2%
2016 1.06x Nkr324.37 Million Nkr307.45 Million ▼ -52.1%
2015 2.20x Nkr566.51 Million Nkr257.16 Million ▲ +56.0%
2014 1.41x Nkr605.01 Million Nkr428.42 Million ▲ +15.2%
2013 1.23x Nkr543.48 Million Nkr443.28 Million ▼ -9.0%
2012 1.35x Nkr663.40 Million Nkr492.36 Million ▼ -0.3%
2011 1.35x Nkr486.71 Million Nkr360.16 Million ▲ +1.9%
2010 1.33x Nkr408.79 Million Nkr308.14 Million ▲ +23.8%
2009 1.07x Nkr326.12 Million Nkr304.42 Million ▼ -10.5%
2008 1.20x Nkr350.84 Million Nkr293.25 Million ▲ +26.3%
2007 0.95x Nkr269.73 Million Nkr284.81 Million ▼ -33.3%
2006 1.42x Nkr282.62 Million Nkr199.19 Million ▲ +37.2%
2005 1.03x Nkr148.91 Million Nkr143.97 Million ▲ +5.4%
2004 0.98x Nkr103.79 Million Nkr105.80 Million ▲ +190.1%
2003 0.34x Nkr18.20 Million Nkr53.80 Million ▲ +989.4%
2002 -0.04x Nkr-2.39 Million Nkr62.78 Million ▼ -125.6%
2001 0.15x Nkr106.48 Million Nkr717.43 Million ▲ +17.6%
2000 0.13x Nkr62.95 Million Nkr498.65 Million
Cash Flow-to-Debt Ratio = Operating Cash Flow / Total Liabilities. Higher is better for debt service capacity.