TGS NOPEC Geophysical Company ASA (TGS) — Net Asset Quality Index
TGS NOPEC Geophysical Company ASA (TGS) has a Net Asset Quality Index of 49.9% as of March 2026. This metric measures the proportion of total assets financed by shareholders' equity — total assets of Nkr3.89 Billion minus total liabilities of Nkr1.95 Billion yields net assets of Nkr1.94 Billion. A higher index indicates a stronger, lower-leverage balance sheet. See TGS days of operational coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
TGS NOPEC Geophysical Company ASA Net Asset Quality Index Over Time (2000–2025)
This chart shows how TGS NOPEC Geophysical Company ASA's Net Asset Quality Index has evolved across 26 annual periods from 2000 to 2025. As of March 2026, the index stands at 49.9%, representing net assets of Nkr1.94 Billion against total assets of Nkr3.89 Billion NOK. Explore TGS NOPEC Geophysical Company ASA (TGS) cash conversion ratio to assess how effectively this company generates cash.
Annual Net Asset Quality Index for TGS NOPEC Geophysical Company ASA (2000–2025)
The table below presents the year-by-year Net Asset Quality Index for TGS NOPEC Geophysical Company ASA from 2000 to 2025, covering 26 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see TGS stock market capitalisation.
| Year | Quality Index | Net Assets (NOK) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 50.4% | Nkr1.98 Billion | Nkr3.93 Billion | Nkr1.95 Billion | ▼ -1.1 pp |
| 2024 | 51.4% | Nkr2.08 Billion | Nkr4.04 Billion | Nkr1.96 Billion | ▼ -13.8 pp |
| 2023 | 65.2% | Nkr1.28 Billion | Nkr1.96 Billion | Nkr680.84 Million | ▼ -2.2 pp |
| 2022 | 67.4% | Nkr1.24 Billion | Nkr1.84 Billion | Nkr599.13 Million | ▼ -1.0 pp |
| 2021 | 68.4% | Nkr1.12 Billion | Nkr1.63 Billion | Nkr514.50 Million | ▲ +5.6 pp |
| 2020 | 62.8% | Nkr1.27 Billion | Nkr2.02 Billion | Nkr749.57 Million | ▼ -7.6 pp |
| 2019 | 70.4% | Nkr1.55 Billion | Nkr2.19 Billion | Nkr649.08 Million | ▼ -6.6 pp |
| 2018 | 77.1% | Nkr1.25 Billion | Nkr1.62 Billion | Nkr372.71 Million | ▼ -7.2 pp |
| 2017 | 84.3% | Nkr1.20 Billion | Nkr1.42 Billion | Nkr224.00 Million | ▲ +5.1 pp |
| 2016 | 79.2% | Nkr1.17 Billion | Nkr1.48 Billion | Nkr307.45 Million | ▼ -3.2 pp |
| 2015 | 82.3% | Nkr1.20 Billion | Nkr1.46 Billion | Nkr257.16 Million | ▲ +6.6 pp |
| 2014 | 75.8% | Nkr1.34 Billion | Nkr1.77 Billion | Nkr428.42 Million | ▲ +1.3 pp |
| 2013 | 74.5% | Nkr1.29 Billion | Nkr1.74 Billion | Nkr443.28 Million | ▲ +4.1 pp |
| 2012 | 70.4% | Nkr1.17 Billion | Nkr1.66 Billion | Nkr492.36 Million | ▼ -2.6 pp |
| 2011 | 73.0% | Nkr973.02 Million | Nkr1.33 Billion | Nkr360.16 Million | ▼ -1.7 pp |
| 2010 | 74.7% | Nkr908.77 Million | Nkr1.22 Billion | Nkr308.14 Million | ▲ +1.3 pp |
| 2009 | 73.4% | Nkr839.86 Million | Nkr1.14 Billion | Nkr304.42 Million | ▲ +4.1 pp |
| 2008 | 69.3% | Nkr661.06 Million | Nkr954.32 Million | Nkr293.25 Million | ▲ +2.7 pp |
| 2007 | 66.6% | Nkr567.83 Million | Nkr852.64 Million | Nkr284.81 Million | ▼ -3.9 pp |
| 2006 | 70.5% | Nkr477.04 Million | Nkr676.23 Million | Nkr199.19 Million | ▲ +1.5 pp |
| 2005 | 69.0% | Nkr320.77 Million | Nkr464.74 Million | Nkr143.97 Million | ▼ -0.3 pp |
| 2004 | 69.4% | Nkr239.54 Million | Nkr345.34 Million | Nkr105.80 Million | ▼ -9.1 pp |
| 2003 | 78.5% | Nkr195.91 Million | Nkr249.72 Million | Nkr53.80 Million | ▲ +5.9 pp |
| 2002 | 72.6% | Nkr165.97 Million | Nkr228.75 Million | Nkr62.78 Million | ▲ +10.4 pp |
| 2001 | 62.2% | Nkr1.18 Billion | Nkr1.90 Billion | Nkr717.43 Million | ▲ +0.4 pp |
| 2000 | 61.8% | Nkr806.29 Million | Nkr1.30 Billion | Nkr498.65 Million | — |