TGS ASA SP.ADR/1 (TGC0) — Working Capital to Net Assets Ratio
TGS ASA SP.ADR/1 (TGC0) has a Working Capital to Net Assets ratio of -29.9% as of March 2026. Working capital of €-580.00 Million (current assets of €667.60 Million minus current liabilities of €1.25 Billion) is measured against net assets of €1.94 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See operational self-sufficiency of TGS ASA SP.ADR/1 to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
TGS ASA SP.ADR/1 Working Capital to Net Assets (2022–2025)
This chart shows how TGS ASA SP.ADR/1's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2022 to 2025. As of March 2026, the ratio stands at -29.9%, reflecting working capital of €-580.00 Million against net assets of €1.94 Billion EUR. For the complete balance sheet picture, see TGS ASA SP.ADR/1 asset portfolio.
Annual Working Capital to Net Assets for TGS ASA SP.ADR/1 (2022–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TGS ASA SP.ADR/1 from 2022 to 2025, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Read TGS ASA SP.ADR/1 (TGC0) total liabilities for a breakdown of total debt and financial obligations.
| Year | WC/NA Ratio | Working Capital (EUR) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -21.6% | €-426.90 Million | €1.98 Billion | €754.70 Million | €1.18 Billion | ▼ -0.5 pp |
| 2024 | -21.0% | €-435.96 Million | €2.08 Billion | €829.00 Million | €1.26 Billion | ▼ -10.1 pp |
| 2023 | -10.9% | €-138.94 Million | €1.28 Billion | €442.94 Million | €581.87 Million | ▼ -11.6 pp |
| 2022 | 0.7% | €8.82 Million | €1.24 Billion | €513.81 Million | €504.99 Million | — |