TGS NOPEC Geophysical Company ASA (TGS) — Defensive Interval Ratio

Latest as of June 2026: 28 days

TGS NOPEC Geophysical Company ASA (TGS) has a Defensive Interval Ratio of 28 days as of June 2026. Defensive assets of Nkr90.60 Million (cash Nkr-, short-term investments Nkr-, receivables Nkr90.60 Million) cover 28 days of daily cash needs of Nkr3.28 Million/day.

Defensive Interval Ratio

28 days
Days of operational coverage

Defensive Assets

Nkr90.60 Million
Cash + ST Investments + Receivables

Daily Cash Need

Nkr3.28 Million
Current Liabilities ÷ 365

Current Liabilities

Nkr1.20 Billion
NOK

TGS NOPEC Geophysical Company ASA Defensive Interval Ratio (2000–2025)

This chart shows how TGS NOPEC Geophysical Company ASA's Defensive Interval Ratio has evolved across 26 annual periods from 2000 to 2025. As of June 2026, the ratio stands at 28 days, meaning defensive assets of Nkr90.60 Million can fund 28 days of operations without new revenue. For the complete balance sheet picture, see how large is TGS NOPEC Geophysical Company ASA's balance sheet.

Annual Defensive Interval Ratio for TGS NOPEC Geophysical Company ASA (2000–2025)

The table below presents the year-by-year Defensive Interval Ratio for TGS NOPEC Geophysical Company ASA from 2000 to 2025, covering 26 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 NOPEC Geophysical Company ASA to evaluate short-term liquidity relative to the company's equity base.

Year DIR (days) Defensive Assets (NOK) Daily Cash Need Cash ST Investments Change (days)
2025 130 days Nkr419.80 Million Nkr3.24 Million/day Nkr212.30 Million Nkr- ▼ -54 days
2024 184 days Nkr636.15 Million Nkr3.47 Million/day Nkr122.80 Million Nkr- ▼ -38 days
2023 222 days Nkr353.67 Million Nkr1.59 Million/day Nkr195.26 Million Nkr1.48 Million ▲ +48 days
2022 174 days Nkr240.32 Million Nkr1.38 Million/day Nkr-1.00K Nkr- ▲ +58 days
2021 116 days Nkr141.67 Million Nkr1.22 Million/day Nkr- Nkr-4.39 Million ▼ -34 days
2020 150 days Nkr277.48 Million Nkr1.85 Million/day Nkr-1.00K Nkr- ▼ -298 days
2019 448 days Nkr717.30 Million Nkr1.60 Million/day Nkr323.41 Million Nkr- ▲ +117 days
2018 331 days Nkr306.49 Million Nkr927.22K/day Nkr- Nkr- ▼ -182 days
2017 512 days Nkr273.65 Million Nkr534.04K/day Nkr- Nkr- ▲ +66 days
2016 446 days Nkr320.34 Million Nkr718.11K/day Nkr- Nkr- ▼ -18 days
2015 464 days Nkr277.65 Million Nkr597.75K/day Nkr- Nkr- ▲ +21 days
2014 444 days Nkr477.30 Million Nkr1.08 Million/day Nkr- Nkr- ▲ +5 days
2013 439 days Nkr410.70 Million Nkr935.69K/day Nkr- Nkr3.87 Million ▼ -11 days
2012 450 days Nkr461.88 Million Nkr1.03 Million/day Nkr- Nkr3.69 Million ▼ -47 days
2011 497 days Nkr296.70 Million Nkr596.88K/day Nkr- Nkr18.96 Million ▼ -51 days
2010 548 days Nkr312.16 Million Nkr569.16K/day Nkr- Nkr21.12 Million ▼ -30 days
2009 578 days Nkr367.01 Million Nkr634.61K/day Nkr- Nkr27.20 Million ▲ +87 days
2008 491 days Nkr319.70 Million Nkr650.74K/day Nkr- Nkr51.10 Million ▼ -307 days
2007 799 days Nkr418.24 Million Nkr523.66K/day Nkr- Nkr177.72 Million ▲ +309 days
2006 490 days Nkr152.85 Million Nkr312.25K/day Nkr- Nkr- ▼ -155 days
2005 644 days Nkr129.91 Million Nkr201.64K/day Nkr- Nkr- ▼ -94 days
2004 738 days Nkr91.40 Million Nkr123.84K/day Nkr- Nkr- ▲ +81 days
2003 657 days Nkr70.68 Million Nkr107.58K/day Nkr- Nkr- ▲ +130 days
2002 527 days Nkr62.96 Million Nkr119.52K/day Nkr- Nkr- ▲ +133 days
2001 394 days Nkr539.01 Million Nkr1.37 Million/day Nkr- Nkr- ▼ -252 days
2000 646 days Nkr414.44 Million Nkr641.07K/day Nkr- Nkr- —
DIR = (Cash + Short-term Investments + Net Receivables) / (Daily Cash Expenses)