TGS ASA SP.ADR/1 (TGC0) — Defensive Interval Ratio

Latest as of March 2026: 33 days

TGS ASA SP.ADR/1 (TGC0) has a Defensive Interval Ratio of 33 days as of March 2026. Defensive assets of €113.10 Million (cash €-, short-term investments €-, receivables €113.10 Million) cover 33 days of daily cash needs of €3.42 Million/day. See working capital position of TGS ASA SP.ADR/1 to evaluate short-term liquidity relative to the company's equity base.

Defensive Interval Ratio

33 days
Days of operational coverage

Defensive Assets

€113.10 Million
Cash + ST Investments + Receivables

Daily Cash Need

€3.42 Million
Current Liabilities ÷ 365

Current Liabilities

€1.25 Billion
EUR

TGS ASA SP.ADR/1 Defensive Interval Ratio (2022–2025)

This chart shows how TGS ASA SP.ADR/1's Defensive Interval Ratio has evolved across 4 annual periods from 2022 to 2025. As of March 2026, the ratio stands at 33 days, meaning defensive assets of €113.10 Million can fund 33 days of operations without new revenue. See TGC0 equity to assets ratio to measure how much of total assets are equity-financed.

Annual Defensive Interval Ratio for TGS ASA SP.ADR/1 (2022–2025)

The table below presents the year-by-year Defensive Interval Ratio for TGS ASA SP.ADR/1 from 2022 to 2025, covering 4 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see TGS ASA SP.ADR/1 market cap and net worth.

Year DIR (days) Defensive Assets (EUR) Daily Cash Need Cash ST Investments Change (days)
2025 64 days €207.50 Million €3.24 Million/day €- €- ▼ -23 days
2024 87 days €301.40 Million €3.47 Million/day €- €- ▲ +28 days
2023 59 days €93.71 Million €1.59 Million/day €- €- ▼ -44 days
2022 103 days €142.78 Million €1.38 Million/day €- €-
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)