TGS ASA SP.ADR/1 (TGC0) — Tangible Net Worth Ratio
TGS ASA SP.ADR/1 (TGC0) has a Tangible Net Worth Ratio of 28.2% as of March 2026. This metric is calculated by deducting intangible assets (€1.39 Billion) from net assets (€1.94 Billion) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See TGS ASA SP.ADR/1 (TGC0) liquidity to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
TGS ASA SP.ADR/1 Tangible Net Worth Ratio (2022–2025)
This chart shows how TGS ASA SP.ADR/1's Tangible Net Worth Ratio has changed across 4 annual periods from 2022 to 2025. As of March 2026, the ratio stands at 28.2%, reflecting net assets of €1.94 Billion with intangible assets of €1.39 Billion EUR. See operational self-sufficiency of TGS ASA SP.ADR/1 to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for TGS ASA SP.ADR/1 (2022–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for TGS ASA SP.ADR/1 from 2022 to 2025, covering 4 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see market cap of TGS ASA SP.ADR/1.
| Year | Tangible NW Ratio | Net Assets (EUR) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 33.8% | €1.98 Billion | €1.31 Billion | €3.93 Billion | ▼ -0.8 pp |
| 2024 | 34.6% | €2.08 Billion | €1.36 Billion | €4.04 Billion | ▼ -0.7 pp |
| 2023 | 35.2% | €1.28 Billion | €826.10 Million | €1.96 Billion | ▼ -13.0 pp |
| 2022 | 48.3% | €1.24 Billion | €641.14 Million | €1.84 Billion | — |