Transportadora de Gas del Norte SA Class C (TGNO4) — Defensive Interval Ratio

Latest as of June 2026: 1019 days

Transportadora de Gas del Norte SA Class C (TGNO4) has a Defensive Interval Ratio of 1019 days as of June 2026. Defensive assets of AR$304.67 Billion (cash AR$-, short-term investments AR$212.06 Billion, receivables AR$92.61 Billion) cover 1019 days of daily cash needs of AR$298.98 Million/day.

Defensive Interval Ratio

1019 days
Days of operational coverage

Defensive Assets

AR$304.67 Billion
Cash + ST Investments + Receivables

Daily Cash Need

AR$298.98 Million
Current Liabilities ÷ 365

Current Liabilities

AR$109.13 Billion
ARS

Transportadora de Gas del Norte SA Class C Defensive Interval Ratio (2015–2025)

This chart shows how Transportadora de Gas del Norte SA Class C's Defensive Interval Ratio has evolved across 11 annual periods from 2015 to 2025. As of June 2026, the ratio stands at 1019 days, meaning defensive assets of AR$304.67 Billion can fund 1019 days of operations without new revenue. For the complete balance sheet picture, see total assets of Transportadora de Gas del Norte SA Class.

Annual Defensive Interval Ratio for Transportadora de Gas del Norte SA Class C (2015–2025)

The table below presents the year-by-year Defensive Interval Ratio for Transportadora de Gas del Norte SA Class C from 2015 to 2025, covering 11 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. See working capital to net assets of Transportadora de Gas del Norte SA Class to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (ARS) Daily Cash Need Cash ST Investments Change (days)
2025 436 days AR$254.94 Billion AR$585.34 Million/day AR$- AR$169.70 Billion ▼ -21 days
2024 456 days AR$236.64 Billion AR$518.42 Million/day AR$- AR$164.29 Billion ▲ +231 days
2023 225 days AR$77.98 Billion AR$345.99 Million/day AR$- AR$68.27 Billion ▼ -2875 days
2022 3101 days AR$47.12 Billion AR$15.20 Million/day AR$- AR$15.76 Billion ▲ +2914 days
2021 187 days AR$8.98 Billion AR$48.10 Million/day AR$- AR$4.38 Billion ▼ -78 days
2020 264 days AR$4.81 Billion AR$18.20 Million/day AR$- AR$1.26 Billion ▲ +112 days
2019 152 days AR$5.91 Billion AR$38.96 Million/day AR$- AR$1.80 Billion ▼ -38 days
2018 190 days AR$5.10 Billion AR$26.87 Million/day AR$- AR$2.81 Billion ▼ -274 days
2017 464 days AR$1.47 Billion AR$3.16 Million/day AR$- AR$126.64 Million ▲ +275 days
2016 189 days AR$575.90 Million AR$3.04 Million/day AR$- AR$110.03 Million ▼ -136 days
2015 325 days AR$404.77 Million AR$1.24 Million/day AR$- AR$127.30 Million —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)