TGS ASA Financials
| TGSNF Stock | USD 9.60 0.60 6.67% |
With this module, you can analyze TGS financials for your investing period. You should be able to track the changes in TGS ASA individual financial statements over time to develop the understanding of its risk, liquidity, profitability, or other critical and vital indicators.
TGS |
Understanding current and past TGS ASA Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of TGS ASA's financial statements are interrelated, with each one affecting the others. For example, an increase in TGS ASA's assets may result in an increase in income on the income statement.
The data published in TGS ASA's official financial statements typically reflect TGS ASA's business processes, product offerings, services, and other fundamental events. However, there are additional fundamental indicators that are easier to understand and visualize along the underlying realities that are driving TGS ASA's quantitative information. For example, before you start analyzing numbers published by TGS accountants, it's essential to understand TGS ASA's liquidity, profitability, and earnings quality within the context of the Energy space in which it operates.
TGS ASA Stock Summary
TGS ASA competes with Expro Group, ChampionX, Ranger Energy, Cactus, and MRC Global. TGS ASA provides geoscience data products and services to the oil and gas industry worldwide. TGS ASA was founded in 1981 and is headquartered in Oslo, Norway. Tgs ASA operates under Oil Gas Equipment Services classification in the United States and is traded on OTC Exchange. It employs 471 people.| Instrument | USA OTC Stock View All |
| Exchange | OTCQX Exchange |
| Business Address | Askekroken 11, Oslo, |
| Sector | Energy |
| Industry | Oil & Gas Equipment & Services |
| Benchmark | Dow Jones Industrial |
| Website | www.tgs.com |
| Phone | 47 22 55 04 00 |
| Currency | USD - US Dollar |
TGS ASA Key Financial Ratios
There are many critical financial ratios that TGS ASA's investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that TGS ASA reports annually and quarterly.| Return On Equity | 0.0735 | |||
| Return On Asset | 0.12 | |||
| Number Of Employees | 34 | |||
| Beta | 1.37 | |||
| Z Score | 35.4 |
TGS Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TGS ASA's current stock value. Our valuation model uses many indicators to compare TGS ASA value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TGS ASA competition to find correlations between indicators driving TGS ASA's intrinsic value. More Info.TGS ASA is currently regarded as top stock in return on equity category among its peers. It also is currently regarded as top stock in return on asset category among its peers reporting about 1.70 of Return On Asset per Return On Equity. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TGS ASA's earnings, one of the primary drivers of an investment's value.TGS ASA Systematic Risk
TGS ASA's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. TGS ASA volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on TGS ASA correlated with the market. If Beta is less than 0 TGS ASA generally moves in the opposite direction as compared to the market. If TGS ASA Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one TGS ASA is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of TGS ASA is generally in the same direction as the market. If Beta > 1 TGS ASA moves generally in the same direction as, but more than the movement of the benchmark.
TGS ASA December 1, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of TGS ASA help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of TGS ASA. We use our internally-developed statistical techniques to arrive at the intrinsic value of TGS ASA based on widely used predictive technical indicators. In general, we focus on analyzing TGS OTC Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build TGS ASA's daily price indicators and compare them against related drivers.
| Information Ratio | (0.18) | |||
| Maximum Drawdown | 12.71 | |||
| Value At Risk | (0.52) |
Complementary Tools for TGS OTC Stock analysis
When running TGS ASA's price analysis, check to measure TGS ASA's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TGS ASA is operating at the current time. Most of TGS ASA's value examination focuses on studying past and present price action to predict the probability of TGS ASA's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TGS ASA's price. Additionally, you may evaluate how the addition of TGS ASA to your portfolios can decrease your overall portfolio volatility.
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