TGS NOPEC Geophysical Company ASA (TGS) - Total Assets
Based on the latest financial reports, TGS NOPEC Geophysical Company ASA (TGS) holds total assets worth Nkr3.89 Billion NOK (≈ $409.17 Million USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Check TGS total capital reinvestment ratio to assess the company's total reinvestment commitment from operating cash flow.
TGS NOPEC Geophysical Company ASA - Total Assets Trend (2000–2025)
This chart illustrates how TGS NOPEC Geophysical Company ASA's total assets have evolved over time, based on quarterly financial data. Check TGS NOPEC Geophysical Company ASA earnings quality ratio to evaluate the quality of earnings relative to operating cash generation.
TGS NOPEC Geophysical Company ASA - Asset Composition Analysis
Current Asset Composition (December 2025)
TGS NOPEC Geophysical Company ASA's total assets of Nkr3.89 Billion consist of 19.2% current assets and 80.8% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr212.30 Million | 5.4% |
| Accounts Receivable | Nkr207.50 Million | 5.3% |
| Inventory | Nkr19.30 Million | 0.5% |
| Property, Plant & Equipment | Nkr974.30 Million | 24.8% |
| Intangible Assets | Nkr1.31 Billion | 33.3% |
| Goodwill | Nkr555.90 Million | 14.1% |
Asset Composition Trend (2000–2025)
This chart illustrates how TGS NOPEC Geophysical Company ASA's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see TGS NOPEC Geophysical Company ASA market cap and net worth.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TGS NOPEC Geophysical Company ASA's current assets represent 19.2% of total assets in 2025, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2025, down from 17.2% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 47.0% of total assets, an increase from 4.0% in 2000.
- Asset Diversification: The largest asset category is intangible assets at 33.3% of total assets.
TGS NOPEC Geophysical Company ASA Competitors by Total Assets
Key competitors of TGS NOPEC Geophysical Company ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
BW OFFSHORE LTD. DL 050
F:XY81
|
Germany | €4.28 Billion |
|
Dezhou United Petroleum Technology Co.Ltd.
SHE:301158
|
China | CN¥1.86 Billion |
|
THALASSA HLDG.NEW DL-01
F:TH2P
|
Germany | €10.96 Million |
|
Halliburton Co
BA:HAL
|
Argentina | AR$25.01 Billion |
|
OSX Brasil S.A
SA:OSXB3
|
Brazil | R$696.70 Million |
|
Worley Ltd
AU:WOR
|
Australia | AU$10.85 Billion |
|
SRJ Technologies Group Plc
AU:SRJ
|
Australia | AU$10.99 Million |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €879.42 Million |
TGS NOPEC Geophysical Company ASA - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 0.54 | 0.65 | 0.95 |
| Quick Ratio | 0.54 | 0.65 | 0.95 |
| Cash Ratio | 0.00 | 0.16 | 0.41 |
| Working Capital | Nkr-580.00 Million | Nkr-377.00 Million | Nkr-26.42 Million |
TGS NOPEC Geophysical Company ASA - Advanced Valuation Insights
This section examines the relationship between TGS NOPEC Geophysical Company ASA's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.61 |
| Latest Market Cap to Assets Ratio | 0.70 |
| Asset Growth Rate (YoY) | -2.6% |
| Total Assets | Nkr3.93 Billion |
| Market Capitalization | $2.76 Billion USD |
Valuation Analysis
Below Book Valuation: The market values TGS NOPEC Geophysical Company ASA's assets below their book value (0.70x), which may indicate investor concerns about asset quality or future growth.
Slight Asset Contraction: TGS NOPEC Geophysical Company ASA's assets decreased by 2.6% over the past year, which may reflect streamlining or optimization of resources.
Annual Total Assets for TGS NOPEC Geophysical Company ASA (2000–2025)
The table below shows the annual total assets of TGS NOPEC Geophysical Company ASA from 2000 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-12-31 | Nkr3.93 Billion ≈ $413.93 Million |
-2.58% |
| 2024-12-31 | Nkr4.04 Billion ≈ $424.89 Million |
+106.39% |
| 2023-12-31 | Nkr1.96 Billion ≈ $205.87 Million |
+6.39% |
| 2022-12-31 | Nkr1.84 Billion ≈ $193.50 Million |
+12.83% |
| 2021-12-31 | Nkr1.63 Billion ≈ $171.50 Million |
-19.13% |
| 2020-12-31 | Nkr2.02 Billion ≈ $212.08 Million |
-8.18% |
| 2019-12-31 | Nkr2.19 Billion ≈ $230.97 Million |
+35.12% |
| 2018-12-31 | Nkr1.62 Billion ≈ $170.93 Million |
+14.07% |
| 2017-12-31 | Nkr1.42 Billion ≈ $149.86 Million |
-3.55% |
| 2016-12-31 | Nkr1.48 Billion ≈ $155.38 Million |
+1.47% |
| 2015-12-31 | Nkr1.46 Billion ≈ $153.13 Million |
-17.67% |
| 2014-12-31 | Nkr1.77 Billion ≈ $186.00 Million |
+1.81% |
| 2013-12-31 | Nkr1.74 Billion ≈ $182.70 Million |
+4.55% |
| 2012-12-31 | Nkr1.66 Billion ≈ $174.76 Million |
+24.57% |
| 2011-12-31 | Nkr1.33 Billion ≈ $140.29 Million |
+9.55% |
| 2010-12-31 | Nkr1.22 Billion ≈ $128.05 Million |
+6.35% |
| 2009-12-31 | Nkr1.14 Billion ≈ $120.41 Million |
+19.91% |
| 2008-12-31 | Nkr954.32 Million ≈ $100.42 Million |
+11.92% |
| 2007-12-31 | Nkr852.64 Million ≈ $89.72 Million |
+26.09% |
| 2006-12-31 | Nkr676.23 Million ≈ $71.16 Million |
+45.51% |
| 2005-12-31 | Nkr464.74 Million ≈ $48.90 Million |
+34.57% |
| 2004-12-31 | Nkr345.34 Million ≈ $36.34 Million |
+38.29% |
| 2003-12-31 | Nkr249.72 Million ≈ $26.28 Million |
+9.16% |
| 2002-12-31 | Nkr228.75 Million ≈ $24.07 Million |
-87.94% |
| 2001-12-31 | Nkr1.90 Billion ≈ $199.64 Million |
+45.39% |
| 2000-12-31 | Nkr1.30 Billion ≈ $137.32 Million |
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About TGS NOPEC Geophysical Company ASA
TGS ASA provides geoscience data services to the oil and gas industry in Norway and internationally. It operates through Multi client, Marine Data Acquisition (MDA), Imaging, New Energy Solutions (NES), and Shared Services segments. The company offers seismic data using robust technology and imaging solutions; well data recorded expertly matched and validated, from permit to abandonment; carbon s… Read more