TGS NOPEC Geophysical Company ASA (TGS) — Working Capital to Net Assets Ratio
TGS NOPEC Geophysical Company ASA (TGS) has a Working Capital to Net Assets ratio of -25.7% as of June 2026. Working capital of Nkr-501.40 Million (current assets of Nkr695.40 Million minus current liabilities of Nkr1.20 Billion) is measured against net assets of Nkr1.95 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See TGS NOPEC Geophysical Company ASA (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
TGS NOPEC Geophysical Company ASA Working Capital to Net Assets (2002–2025)
This chart shows how TGS NOPEC Geophysical Company ASA's Working Capital to Net Assets ratio has evolved across 24 annual periods from 2002 to 2025. As of June 2026, the ratio stands at -25.7%, reflecting working capital of Nkr-501.40 Million against net assets of Nkr1.95 Billion NOK. For the complete balance sheet picture, see TGS NOPEC Geophysical Company ASA balance sheet assets.
Annual Working Capital to Net Assets for TGS NOPEC Geophysical Company ASA (2002–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for TGS NOPEC Geophysical Company ASA from 2002 to 2025, covering 24 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 TGS NOPEC Geophysical Company ASA to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -21.6% | Nkr-426.90 Million | Nkr1.98 Billion | Nkr754.70 Million | Nkr1.18 Billion | ▼ -0.5 pp |
| 2024 | -21.0% | Nkr-435.96 Million | Nkr2.08 Billion | Nkr829.00 Million | Nkr1.26 Billion | ▼ -10.1 pp |
| 2023 | -10.9% | Nkr-138.94 Million | Nkr1.28 Billion | Nkr442.94 Million | Nkr581.87 Million | ▼ -11.6 pp |
| 2022 | 0.7% | Nkr8.82 Million | Nkr1.24 Billion | Nkr513.81 Million | Nkr504.99 Million | ▲ +1.7 pp |
| 2021 | -1.0% | Nkr-11.42 Million | Nkr1.12 Billion | Nkr435.29 Million | Nkr446.71 Million | ▲ +6.7 pp |
| 2020 | -7.7% | Nkr-97.14 Million | Nkr1.27 Billion | Nkr578.02 Million | Nkr675.16 Million | ▼ -16.5 pp |
| 2019 | 8.9% | Nkr136.94 Million | Nkr1.55 Billion | Nkr721.75 Million | Nkr584.81 Million | ▼ -16.3 pp |
| 2018 | 25.2% | Nkr315.30 Million | Nkr1.25 Billion | Nkr653.74 Million | Nkr338.44 Million | ▼ -2.2 pp |
| 2017 | 27.4% | Nkr328.64 Million | Nkr1.20 Billion | Nkr523.56 Million | Nkr194.93 Million | ▲ +3.3 pp |
| 2016 | 24.1% | Nkr282.05 Million | Nkr1.17 Billion | Nkr544.15 Million | Nkr262.11 Million | ▲ +3.0 pp |
| 2015 | 21.1% | Nkr253.02 Million | Nkr1.20 Billion | Nkr471.20 Million | Nkr218.18 Million | ▼ -7.6 pp |
| 2014 | 28.8% | Nkr385.21 Million | Nkr1.34 Billion | Nkr777.73 Million | Nkr392.52 Million | ▼ -1.4 pp |
| 2013 | 30.1% | Nkr389.66 Million | Nkr1.29 Billion | Nkr731.19 Million | Nkr341.53 Million | ▼ -6.3 pp |
| 2012 | 36.5% | Nkr426.02 Million | Nkr1.17 Billion | Nkr800.55 Million | Nkr374.52 Million | ▼ -6.1 pp |
| 2011 | 42.6% | Nkr414.55 Million | Nkr973.02 Million | Nkr632.41 Million | Nkr217.86 Million | ▼ -0.9 pp |
| 2010 | 43.5% | Nkr394.98 Million | Nkr908.77 Million | Nkr602.73 Million | Nkr207.74 Million | ▼ -1.6 pp |
| 2009 | 45.1% | Nkr378.87 Million | Nkr839.86 Million | Nkr610.50 Million | Nkr231.63 Million | ▲ +5.8 pp |
| 2008 | 39.3% | Nkr259.96 Million | Nkr661.06 Million | Nkr497.48 Million | Nkr237.52 Million | ▼ -15.1 pp |
| 2007 | 54.4% | Nkr309.06 Million | Nkr567.83 Million | Nkr500.19 Million | Nkr191.14 Million | ▼ -10.4 pp |
| 2006 | 64.9% | Nkr309.47 Million | Nkr477.04 Million | Nkr423.44 Million | Nkr113.97 Million | ▲ +5.5 pp |
| 2005 | 59.4% | Nkr190.38 Million | Nkr320.77 Million | Nkr263.98 Million | Nkr73.60 Million | ▲ +14.0 pp |
| 2004 | 45.3% | Nkr108.58 Million | Nkr239.54 Million | Nkr153.78 Million | Nkr45.20 Million | ▼ -47.8 pp |
| 2003 | 93.1% | Nkr182.38 Million | Nkr195.91 Million | Nkr221.65 Million | Nkr39.27 Million | ▼ -0.4 pp |
| 2002 | 93.5% | Nkr155.24 Million | Nkr165.97 Million | Nkr198.86 Million | Nkr43.62 Million | — |