Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) — Tangible Net Worth Ratio
Societatea Nationala de Transport Gaze Naturale Transgaz SA (TGN) has a Tangible Net Worth Ratio of -13.5% as of June 2025. This metric is calculated by deducting intangible assets (RON5.35 Billion) from net assets (RON4.71 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 working capital to net assets of Societatea Nationala de Transport Gaze N to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Societatea Nationala de Transport Gaze Naturale Transgaz SA Tangible Net Worth Ratio (2019–2024)
This chart shows how Societatea Nationala de Transport Gaze Naturale Transgaz SA's Tangible Net Worth Ratio has changed across 6 annual periods from 2019 to 2024. As of June 2025, the ratio stands at -13.5%, reflecting net assets of RON4.71 Billion with intangible assets of RON5.35 Billion RON. See Societatea Nationala de Transport Gaze N liquidity coverage in days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Societatea Nationala de Transport Gaze Naturale Transgaz SA (2019–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Societatea Nationala de Transport Gaze Naturale Transgaz SA from 2019 to 2024, covering 6 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 Societatea Nationala de Transport Gaze N (TGN) market capitalisation.
| Year | Tangible NW Ratio | Net Assets (RON) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -11.1% | RON4.61 Billion | RON5.12 Billion | RON10.99 Billion | ▼ -24.7 pp |
| 2023 | 13.6% | RON4.22 Billion | RON3.64 Billion | RON8.76 Billion | ▲ +8.0 pp |
| 2022 | 5.6% | RON4.14 Billion | RON3.91 Billion | RON8.26 Billion | ▲ +6.3 pp |
| 2021 | -0.7% | RON3.97 Billion | RON4.00 Billion | RON8.01 Billion | ▲ +4.2 pp |
| 2020 | -4.9% | RON3.75 Billion | RON3.93 Billion | RON7.22 Billion | ▼ -23.9 pp |
| 2019 | 19.0% | RON3.78 Billion | RON3.06 Billion | RON5.80 Billion | — |