Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) — Defensive Interval Ratio
Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) has a Defensive Interval Ratio of 63 days as of June 2025. Defensive assets of RON306.37 Million (cash RON-, short-term investments RON77.19 Million, receivables RON229.18 Million) cover 63 days of daily cash needs of RON4.89 Million/day.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Societatea Nationala de Transport Gaze Naturale Transgaz SA Defensive Interval Ratio (2019–2024)
This chart shows how Societatea Nationala de Transport Gaze Naturale Transgaz SA's Defensive Interval Ratio has evolved across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at 63 days, meaning defensive assets of RON306.37 Million can fund 63 days of operations without new revenue. For the complete balance sheet picture, see TGN asset base.
Annual Defensive Interval Ratio for Societatea Nationala de Transport Gaze Naturale Transgaz SA (2019–2024)
The table below presents the year-by-year Defensive Interval Ratio for Societatea Nationala de Transport Gaze Naturale Transgaz SA from 2019 to 2024, covering 6 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 Societatea Nationala de Transport Gaze N working capital to net assets to evaluate short-term liquidity relative to the company's equity base.
| Year | DIR (days) | Defensive Assets (RON) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 80 days | RON345.85 Million | RON4.33 Million/day | RON- | RON- | ▼ -4 days |
| 2023 | 84 days | RON323.74 Million | RON3.84 Million/day | RON- | RON- | ▼ -23 days |
| 2022 | 107 days | RON282.45 Million | RON2.64 Million/day | RON- | RON- | ▼ -43 days |
| 2021 | 150 days | RON389.41 Million | RON2.59 Million/day | RON- | RON- | ▲ +13 days |
| 2020 | 137 days | RON264.66 Million | RON1.93 Million/day | RON- | RON- | ▼ -223 days |
| 2019 | 360 days | RON524.50 Million | RON1.46 Million/day | RON- | RON- | — |