TGS ASA SP.ADR/1 (TGC0) — Defensive Interval Ratio
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.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
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. For the complete balance sheet picture, see TGS ASA SP.ADR/1 (TGC0) total assets.
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. See working capital to net assets of TGS ASA SP.ADR/1 to evaluate short-term liquidity relative to the company's equity base.
| 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 | €- | €- | — |