TGS Total Current Assets from 2010 to 2026

TGC Stock  EUR 9.50  0.18  1.93%   
TGS ASA's Total Current Assets are increasing over the last several years with slightly volatile swings. Total Current Assets are predicted to flatten to about 633.4 M. Total Current Assets is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. View All Fundamentals
 
Total Current Assets  
First Reported
2019-09-30
Previous Quarter
689.2 M
Current Value
700.2 M
Quarterly Volatility
131.6 M
 
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 64.3 M, Interest Income of 4.6 M or Interest Expense of 42.9 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 Total Current 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 Total Current Assets Growth Pattern

Below is the plot of the Total Current Assets of TGS ASA over the last few years. It is the total value of all assets that are expected to be converted into cash within one year or during the normal operating cycle. TGS ASA's Total Current 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.
Total Current Assets10 Years Trend
Slightly volatile
   Total Current Assets   
       Timeline  

TGS Total Current Assets Regression Statistics

Arithmetic Mean590,223,964
Geometric Mean578,429,672
Coefficient Of Variation22.37
Mean Deviation93,327,597
Median544,155,000
Standard Deviation132,009,943
Sample Variance17426.6T
Range518.1M
R-Value0.43
Mean Square Error15178.7T
R-Squared0.18
Significance0.09
Slope11,196,200
Total Sum of Squares278826T

TGS Total Current Assets History

2026633.4 M
2025953.4 M
2024829 M
2023442.9 M
2022513.8 M
2021435.3 M
2020564.7 M

About TGS ASA Financial Statements

TGS ASA stakeholders use historical fundamental indicators, such as TGS ASA's Total Current 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
Total Current Assets953.4 M633.4 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.