TGS Net Tangible Assets from 2010 to 2026

TGC Stock  EUR 9.68  0.14  1.47%   
TGS ASA's Net Tangible Assets are decreasing over the last several years with slightly volatile swings. Net Tangible Assets are predicted to flatten to about 152.1 M. Net Tangible Assets is the total assets of TGS ASA minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. View All Fundamentals
 
Net Tangible Assets  
First Reported
2010-12-31
Previous Quarter
189.1 M
Current Value
152.1 M
Quarterly Volatility
86.4 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check TGS ASA financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TGS ASA's main balance sheet or income statement drivers, such as Tax Provision of 83.8 M, Interest Income of 14.4 M or Interest Expense of 93 M, as well as many indicators such as . TGS financial statements analysis is a perfect complement when working with TGS ASA Valuation or Volatility modules.
  
This module can also supplement various TGS ASA Technical models . Check out the analysis of TGS ASA Correlation against competitors.
The Net Tangible Assets trend for TGS ASA offers valuable insights into the company's financial trajectory and strategic direction. By examining multi-year patterns, investors can identify whether TGS ASA is strengthening or weakening its position, and how this metric correlates with broader market conditions and industry benchmarks.

Latest TGS ASA's Net Tangible Assets Growth Pattern

Below is the plot of the Net Tangible Assets of TGS ASA over the last few years. It is the total assets of a company minus any intangible assets such as patents, copyrights, and goodwill; it represents the physical assets of a company. TGS ASA's Net Tangible Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in TGS ASA's overall financial position and show how it may be relating to other accounts over time.
Net Tangible Assets10 Years Trend
Slightly volatile
   Net Tangible Assets   
       Timeline  

TGS Net Tangible Assets Regression Statistics

Arithmetic Mean221,816,227
Coefficient Of Variation38.96
Mean Deviation67,317,407
Median279,799,000
Standard Deviation86,410,214
Sample Variance7466.7T
Range326.8M
R-Value(0.58)
Mean Square Error5304.4T
R-Squared0.33
Significance0.02
Slope(9,889,244)
Total Sum of Squares119467.6T

TGS Net Tangible Assets History

2026152.1 M
2025189.1 M
2022210.1 M
202181 M
2020-2.7 M
2019152.4 M
2018285.8 M

About TGS ASA Financial Statements

TGS ASA stakeholders use historical fundamental indicators, such as TGS ASA's Net Tangible Assets, to determine how well the company is positioned to perform in the future. Although TGS ASA investors may analyze each financial statement separately, they are all interrelated. For example, changes in TGS ASA's assets and liabilities are reflected in the revenues and expenses on TGS ASA's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TGS ASA. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Tangible Assets189.1 M152.1 M

Currently Active Assets on Macroaxis

Other Information on Investing in TGS Stock

TGS ASA financial ratios help investors to determine whether TGS Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TGS with respect to the benefits of owning TGS ASA security.