TGS NOPEC Cash And Equivalents vs. Return On Asset
| TGS Stock | NOK 108.00 1.10 1.01% |
For TGS NOPEC profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TGS NOPEC to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TGS NOPEC Geophysical utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TGS NOPEC's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TGS NOPEC Geophysical over time as well as its relative position and ranking within its peers.
TGS |
TGS NOPEC Geophysical Return On Asset vs. Cash And Equivalents Fundamental Analysis
Comparative valuation techniques use various fundamental indicators to help in determining TGS NOPEC's current stock value. Our valuation model uses many indicators to compare TGS NOPEC value to that of its competitors to determine the firm's financial worth. TGS NOPEC Geophysical is rated second in cash and equivalents category among its peers. It is currently regarded as top stock in return on asset category among its peers . The ratio of Cash And Equivalents to Return On Asset for TGS NOPEC Geophysical is about 2,836,349,079 . 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 NOPEC's earnings, one of the primary drivers of an investment's value.TGS Return On Asset vs. Cash And Equivalents
Cash or Cash Equivalents are the most liquid of all assets found on the company's balance sheet. It is used in calculating many of the firm's liquidity ratios and is a good indicator of the overall financial health of a company. Companies with a lot of cash are usually attractive takeover targets. Cash Equivalents are balance sheet items that are typically reported using currency printed on notes.
TGS NOPEC |
| = | 354.26 M |
Cash equivalents represent current assets that are easily convertible to cash such as short term bonds, savings account, money market funds, or certificate of deposits (CDs). One of the important consideration companies make when classifying assets as cash equivalent is that investments they report on their balance sheets under current assets should have almost no risk of change in value over the next few months (usually three months).
Return on Asset or ROA shows how effective is the management of the company in generating income from utilizing all of the assets at their disposal. It is a useful ratio to evaluate the performance of different departments of a company as well as to understand management performance over time.
TGS NOPEC |
| = | 0.12 |
Return on Asset measures overall efficiency of a company in generating profits from its total assets. It is expressed as the percentage of profits earned per dollar of Asset. A low ROA typically means that a company is asset-intensive and therefore will needs more money to continue generating revenue in the future.
TGS Return On Asset Comparison
TGS NOPEC is currently under evaluation in return on asset category among its peers.
TGS NOPEC Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TGS NOPEC, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TGS NOPEC will eventually generate negative long term returns. The profitability progress is the general direction of TGS NOPEC's change in net profit over the period of time. It can combine multiple indicators of TGS NOPEC, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
TGS-NOPEC Geophysical Company ASA provides geoscientific data products and services to the oil and gas industry worldwide. TGS-NOPEC Geophysical Company ASA was founded in 1981 and is headquartered in Asker, Norway. TGS NOPEC operates under Oil Gas Equipment Services classification in Norway and is traded on Oslo Stock Exchange. It employs 547 people.
TGS Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TGS NOPEC. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TGS NOPEC position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TGS NOPEC's important profitability drivers and their relationship over time.
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Other Information on Investing in TGS Stock
To fully project TGS NOPEC's future profitability, investors should examine all historical financial statements. These statements provide investors with a comprehensive snapshot of the financial position of TGS NOPEC Geophysical at a specified time, usually calculated after every quarter, six months, or one year. Three primary documents fall into the category of financial statements. These documents include TGS NOPEC's income statement, its balance sheet, and the statement of cash flows.