Transportadora de Gas del Sur SA ADR (TGS) — Working Capital to Net Assets Ratio
Transportadora de Gas del Sur SA ADR (TGS) has a Working Capital to Net Assets ratio of 57.2% as of December 2025. Working capital of $1.79 Trillion (current assets of $2.24 Trillion minus current liabilities of $447.06 Billion) is measured against net assets of $3.13 Trillion. A higher ratio indicates strong short-term liquidity financed by the equity base. See Transportadora de Gas del Sur SA ADR (TGS) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Transportadora de Gas del Sur SA ADR Working Capital to Net Assets (1998–2025)
This chart shows how Transportadora de Gas del Sur SA ADR's Working Capital to Net Assets ratio has evolved across 28 annual periods from 1998 to 2025. As of December 2025, the ratio stands at 57.2%, reflecting working capital of $1.79 Trillion against net assets of $3.13 Trillion USD. For the complete balance sheet picture, see Transportadora de Gas del Sur SA ADR balance sheet assets.
Annual Working Capital to Net Assets for Transportadora de Gas del Sur SA ADR (1998–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Transportadora de Gas del Sur SA ADR from 1998 to 2025, covering 28 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. Check financial resilience of Transportadora de Gas del Sur SA ADR to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | 57.2% | $1.79 Trillion | $3.13 Trillion | $2.24 Trillion | $447.06 Billion | ▲ +28.6 pp |
| 2024 | 28.6% | $639.10 Billion | $2.23 Trillion | $1.01 Trillion | $368.96 Billion | ▼ -7.1 pp |
| 2023 | 35.7% | $665.62 Billion | $1.86 Trillion | $925.94 Billion | $260.32 Billion | ▲ +14.7 pp |
| 2022 | 21.0% | $174.57 Billion | $832.16 Billion | $240.57 Billion | $66.00 Billion | ▲ +8.3 pp |
| 2021 | 12.6% | $29.67 Billion | $234.91 Billion | $69.14 Billion | $39.47 Billion | ▲ +1.0 pp |
| 2020 | 11.6% | $7.69 Billion | $66.03 Billion | $15.80 Billion | $8.11 Billion | ▼ -15.4 pp |
| 2019 | 27.0% | $12.99 Billion | $48.08 Billion | $20.94 Billion | $7.95 Billion | ▼ -24.7 pp |
| 2018 | 51.8% | $16.02 Billion | $30.95 Billion | $23.16 Billion | $7.15 Billion | ▲ +3.9 pp |
| 2017 | 47.9% | $2.55 Billion | $5.32 Billion | $7.15 Billion | $4.61 Billion | ▼ -9.3 pp |
| 2016 | 57.2% | $1.44 Billion | $2.53 Billion | $3.35 Billion | $1.90 Billion | ▲ +3.5 pp |
| 2015 | 53.7% | $909.64 Million | $1.70 Billion | $2.23 Billion | $1.32 Billion | ▲ +15.8 pp |
| 2014 | 37.9% | $707.21 Million | $1.87 Billion | $1.96 Billion | $1.25 Billion | ▲ +15.4 pp |
| 2013 | 22.5% | $455.33 Million | $2.02 Billion | $1.80 Billion | $1.35 Billion | ▼ -8.4 pp |
| 2012 | 30.9% | $631.64 Million | $2.04 Billion | $1.46 Billion | $828.54 Million | ▲ +15.4 pp |
| 2011 | 15.5% | $303.56 Million | $1.95 Billion | $878.87 Million | $575.30 Million | ▼ -11.7 pp |
| 2010 | 27.3% | $897.61 Million | $3.29 Billion | $1.47 Billion | $574.14 Million | ▲ +0.6 pp |
| 2009 | 26.7% | $860.28 Million | $3.22 Billion | $1.47 Billion | $607.76 Million | ▲ +11.4 pp |
| 2008 | 15.3% | $471.20 Million | $3.07 Billion | $829.38 Million | $358.19 Million | ▲ +2.7 pp |
| 2007 | 12.6% | $370.60 Million | $2.93 Billion | $683.47 Million | $312.88 Million | ▲ +0.7 pp |
| 2006 | 12.0% | $332.65 Million | $2.78 Billion | $710.89 Million | $378.24 Million | ▼ -3.7 pp |
| 2005 | 15.7% | $380.64 Million | $2.42 Billion | $719.95 Million | $339.31 Million | ▲ +4.1 pp |
| 2004 | 11.6% | $257.68 Million | $2.22 Billion | $615.38 Million | $357.70 Million | ▲ +136.6 pp |
| 2003 | -125.0% | $-2.58 Billion | $2.07 Billion | $814.09 Million | $3.40 Billion | ▲ +60.6 pp |
| 2002 | -185.6% | $-3.28 Billion | $1.77 Billion | $352.44 Million | $3.63 Billion | ▼ -169.9 pp |
| 2001 | -15.7% | $-173.16 Million | $1.10 Billion | $143.13 Million | $316.28 Million | ▲ +1.0 pp |
| 2000 | -16.7% | $-181.10 Million | $1.09 Billion | $96.55 Million | $277.65 Million | ▲ +16.4 pp |
| 1999 | -33.0% | $-349.13 Million | $1.06 Billion | $129.04 Million | $478.17 Million | ▼ -14.7 pp |
| 1998 | -18.3% | $-195.96 Million | $1.07 Billion | $110.28 Million | $306.24 Million | — |