TGS NOPEC Geophysical Company ASA (TGS) — Financial Flexibility Index

Latest as of March 2026: 0.22x

TGS NOPEC Geophysical Company ASA (TGS) has a Financial Flexibility Index of 0.22x as of March 2026. Free cash flow of Nkr421.10 Million (operating CF Nkr249.40 Million minus capex Nkr171.70 Million) represents 0% of total liabilities (Nkr1.95 Billion). Also explore TGS NOPEC Geophysical Company ASA annual equity growth to track the company's year-over-year net asset growth rate.

Financial Flexibility Index

0.22x
Free Cash Flow / Total Liabilities

Free Cash Flow

Nkr421.10 Million
Operating CF − Capex

Total Liabilities

Nkr1.95 Billion
NOK

Capital Expenditures

Nkr171.70 Million
NOK

TGS NOPEC Geophysical Company ASA Financial Flexibility Index (2000–2025)

Historical Financial Flexibility Index trend for TGS NOPEC Geophysical Company ASA across 26 annual periods. Check TGS capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Annual Financial Flexibility Index for TGS NOPEC Geophysical Company ASA (2000–2025)

Year-by-year free cash flow to debt coverage for TGS NOPEC Geophysical Company ASA. For the full company profile including market capitalisation, see TGS NOPEC Geophysical Company ASA stock valuation.

Year Flexibility Index Free Cash Flow (NOK) Operating CF Total Liabilities YoY Change
2025 0.68x Nkr1.32 Billion Nkr850.00 Million Nkr1.95 Billion ▲ +24.6%
2024 0.54x Nkr1.06 Billion Nkr628.72 Million Nkr1.96 Billion ▼ -63.9%
2023 1.50x Nkr1.02 Billion Nkr584.65 Million Nkr680.84 Million ▲ +58.6%
2022 0.95x Nkr567.70 Million Nkr343.15 Million Nkr599.13 Million ▼ -3.0%
2021 0.98x Nkr502.72 Million Nkr317.65 Million Nkr514.50 Million ▼ -1.8%
2020 1.00x Nkr746.07 Million Nkr354.73 Million Nkr749.57 Million ▼ -29.5%
2019 1.41x Nkr915.91 Million Nkr560.65 Million Nkr649.08 Million ▼ -22.6%
2018 1.82x Nkr679.45 Million Nkr390.02 Million Nkr372.71 Million ▼ -49.5%
2017 3.61x Nkr809.19 Million Nkr461.31 Million Nkr224.00 Million ▲ +96.3%
2016 1.84x Nkr565.79 Million Nkr324.37 Million Nkr307.45 Million ▼ -56.1%
2015 4.19x Nkr1.08 Billion Nkr566.51 Million Nkr257.16 Million ▲ +68.0%
2014 2.49x Nkr1.07 Billion Nkr605.01 Million Nkr428.42 Million ▲ +10.0%
2013 2.27x Nkr1.00 Billion Nkr543.48 Million Nkr443.28 Million ▼ -4.8%
2012 2.38x Nkr1.17 Billion Nkr663.40 Million Nkr492.36 Million ▲ +9.5%
2011 2.17x Nkr783.01 Million Nkr486.71 Million Nkr360.16 Million ▼ -2.2%
2010 2.22x Nkr685.31 Million Nkr408.79 Million Nkr308.14 Million ▲ +17.9%
2009 1.89x Nkr574.20 Million Nkr326.12 Million Nkr304.42 Million ▲ +56.1%
2008 1.21x Nkr354.42 Million Nkr350.84 Million Nkr293.25 Million ▼ -18.4%
2007 1.48x Nkr421.69 Million Nkr269.73 Million Nkr284.81 Million ▼ -30.8%
2006 2.14x Nkr426.15 Million Nkr282.62 Million Nkr199.19 Million ▲ +25.5%
2005 1.70x Nkr245.39 Million Nkr148.91 Million Nkr143.97 Million ▼ -7.1%
2004 1.83x Nkr194.09 Million Nkr103.79 Million Nkr105.80 Million ▲ +403.7%
2003 0.36x Nkr19.59 Million Nkr18.20 Million Nkr53.80 Million ▲ +193.1%
2002 0.12x Nkr7.80 Million Nkr-2.39 Million Nkr62.78 Million ▼ -27.1%
2001 0.17x Nkr122.30 Million Nkr106.48 Million Nkr717.43 Million ▲ +14.8%
2000 0.15x Nkr74.03 Million Nkr62.95 Million Nkr498.65 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities