Transportadora de Gas del Norte SA Class C (TGNO4) — Financial Flexibility Index

Latest as of December 2025: 0.39x

Transportadora de Gas del Norte SA Class C (TGNO4) has a Financial Flexibility Index of 0.39x as of December 2025. Free cash flow of AR$108.61 Billion (operating CF AR$77.30 Billion minus capex AR$31.31 Billion) represents 0% of total liabilities (AR$281.59 Billion). Check Transportadora de Gas del Norte SA Class (TGNO4) strategic asset index to assess the company's strategic physical and investment asset allocation.

Financial Flexibility Index

0.39x
Free Cash Flow / Total Liabilities

Free Cash Flow

AR$108.61 Billion
Operating CF − Capex

Total Liabilities

AR$281.59 Billion
ARS

Capital Expenditures

AR$31.31 Billion
ARS

Transportadora de Gas del Norte SA Class C Financial Flexibility Index (2015–2025)

Historical Financial Flexibility Index trend for Transportadora de Gas del Norte SA Class C across 11 annual periods. See Transportadora de Gas del Norte SA Class (TGNO4) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Transportadora de Gas del Norte SA Class C (2015–2025)

Year-by-year free cash flow to debt coverage for Transportadora de Gas del Norte SA Class C. For the full company profile including market capitalisation, see market value of Transportadora de Gas del Norte SA Class.

Year Flexibility Index Free Cash Flow (ARS) Operating CF Total Liabilities YoY Change
2025 1.91x AR$537.66 Billion AR$446.57 Billion AR$281.59 Billion ▲ +297.7%
2024 0.48x AR$123.14 Billion AR$53.58 Billion AR$256.49 Billion ▲ +28455.1%
2023 0.00x AR$298.02 Million AR$-51.08 Billion AR$177.26 Billion ▼ -99.7%
2022 0.67x AR$24.25 Billion AR$16.50 Billion AR$36.37 Billion ▼ -50.5%
2021 1.35x AR$30.24 Billion AR$23.92 Billion AR$22.45 Billion ▲ +60.4%
2020 0.84x AR$15.79 Billion AR$11.89 Billion AR$18.80 Billion ▲ +32.1%
2019 0.64x AR$12.53 Billion AR$8.75 Billion AR$19.70 Billion ▼ -24.2%
2018 0.84x AR$14.41 Billion AR$10.96 Billion AR$17.19 Billion ▲ +211.2%
2017 0.27x AR$2.70 Billion AR$1.45 Billion AR$10.02 Billion ▲ +34.7%
2016 0.20x AR$905.77 Million AR$577.16 Million AR$4.53 Billion ▲ +1404.2%
2015 0.01x AR$47.38 Million AR$-111.96 Million AR$3.56 Billion —
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities