Tgs Asa Stock Analysis
| TGSNF Stock | USD 10.35 0.17 1.67% |
TGS ASA holds a debt-to-equity ratio of 0.033. TGS ASA's financial risk is the risk to TGS ASA stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
TGS ASA's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. TGS ASA's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the OTC Stock is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps TGS OTC Stock's retail investors understand whether an upcoming fall or rise in the market will negatively affect TGS ASA's stakeholders.
For most companies, including TGS ASA, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for TGS ASA, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, TGS ASA's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that TGS ASA's debt-to-equity ratio measures a OTC Stock's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which TGS ASA is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of TGS ASA to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, TGS ASA is said to be less leveraged. If creditors hold a majority of TGS ASA's assets, the OTC Stock is said to be highly leveraged.
TGS ASA is overvalued with Real Value of 8.27 and Hype Value of 10.35. The main objective of TGS ASA otc analysis is to determine its intrinsic value, which is an estimate of what TGS ASA is worth, separate from its market price. There are two main types of TGS ASA's stock analysis: fundamental analysis and technical analysis.
The TGS ASA otc stock is traded in the USA on OTCQX Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA. Here, you can get updates on important government artifacts, including earning estimates, SEC corporate filings, announcements, and TGS ASA's ongoing operational relationships across important fundamental and technical indicators.
TGS |
TGS OTC Stock Analysis Notes
About 69.0% of the company shares are owned by institutional investors. The company has price-to-book ratio of 1.22. Typically companies with comparable Price to Book (P/B) are able to outperform the market in the long run. TGS ASA recorded a loss per share of 0.59. The entity last dividend was issued on the 16th of February 2023. The firm had 4:1 split on the 15th of June 2006. 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.The quote for TGS ASA is listed on Over The Counter exchange (i.e., OTC), and the entity is not required to meet listing requirements such as those found on the Nasdaq, NYSE, or AMEX exchanges. To find out more about TGS ASA contact the company at 47 22 55 04 00 or learn more at https://www.tgs.com.TGS ASA Investment Alerts
| TGS ASA had very high historical volatility over the last 90 days | |
| The company reported the revenue of 518.69 M. Net Loss for the year was (75.98 M) with profit before overhead, payroll, taxes, and interest of 679.11 M. | |
| About 69.0% of the company shares are owned by institutional investors |
TGS Market Capitalization
The company currently falls under 'Mid-Cap' category with a current market capitalization of 2.21 B. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate TGS ASA's market, we take the total number of its shares issued and multiply it by TGS ASA's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.TGS Profitablity
TGS ASA's profitability indicators refer to fundamental financial ratios that showcase TGS ASA's ability to generate income relative to its revenue or operating costs. If, let's say, TGS ASA is currently losing money, the management's focus should be on how to reverse that trend. However, when revenue exceeds expenses, TGS ASA's executives or investors may be in less hurry to break that information down - which is where profitability analysis comes into play. Gaining a greater understanding of TGS ASA's profitability requires more research than a typical breakdown of TGS ASA's financial statements. By doing a profitability analysis, companies can identify areas needing attention, and investors can make a profitable trade.
The company has Profit Margin (PM) of 0.12 %, which maeans that even a very small decline in it revenue will erase profits resulting in a net loss. This is way below average. Similarly, it shows Operating Margin (OM) of 0.49 %, which suggests for every 100 dollars of sales, it generated a net operating income of $0.49. Technical Drivers
As of the 2nd of February, TGS ASA has the risk adjusted performance of 0.0758, and Coefficient Of Variation of 1066.12. In connection with fundamental indicators, the technical analysis model makes it possible for you to check practical technical drivers of TGS ASA, as well as the relationship between them. In other words, you can use this information to find out if the company will indeed mirror its model of past prices and volume data, or the prices will eventually revert. We were able to interpolate nineteen technical drivers for TGS ASA, which can be compared to its competition. Please validate TGS ASA jensen alpha, potential upside, as well as the relationship between the Potential Upside and skewness to decide if TGS ASA is priced adequately, providing market reflects its prevalent price of 10.35 per share. Given that TGS ASA has jensen alpha of 0.3231, we advise you to double-check TGS ASA's current market performance to make sure the company can sustain itself at some point in the future.TGS ASA Price Movement Analysis
The output start index for this execution was twenty-three with a total number of output elements of thirty-eight. The Bollinger Bands is very popular indicator that was developed by John Bollinger. It consist of three lines. TGS ASA middle band is a simple moving average of its typical price. The upper and lower bands are (N) standard deviations above and below the middle band. The bands widen and narrow when the volatility of the price is higher or lower, respectively. The upper and lower bands can also be interpreted as price targets for TGS ASA. When the price bounces off of the lower band and crosses the middle band, then the upper band becomes the price target.
TGS ASA Predictive Daily Indicators
TGS ASA intraday indicators are useful technical analysis tools used by many experienced traders. Just like the conventional technical analysis, daily indicators help intraday investors to analyze the price movement with the timing of TGS ASA otc stock daily movement. By combining multiple daily indicators into a single trading strategy, you can limit your risk while still earning strong returns on your managed positions.
| Daily Balance Of Power | 9.2 T | |||
| Rate Of Daily Change | 1.02 | |||
| Day Median Price | 10.35 | |||
| Day Typical Price | 10.35 | |||
| Price Action Indicator | 0.085 | |||
| Period Momentum Indicator | 0.17 | |||
| Relative Strength Index | 59.87 |
TGS ASA Forecast Models
TGS ASA's time-series forecasting models are one of many TGS ASA's otc stock analysis techniques aimed at predicting future share value based on previously observed values. Time-series forecasting models ae widely used for non-stationary data. Non-stationary data are called the data whose statistical properties e.g. the mean and standard deviation are not constant over time but instead, these metrics vary over time. These non-stationary TGS ASA's historical data is usually called time-series. Some empirical experimentation suggests that the statistical forecasting models outperform the models based exclusively on fundamental analysis to predict the direction of the market movement and maximize returns from investment trading.TGS ASA Debt to Cash Allocation
Many companies such as TGS ASA, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
TGS ASA has accumulated 37.19 M in total debt with debt to equity ratio (D/E) of 0.03, which may suggest the company is not taking enough advantage from borrowing. TGS ASA has a current ratio of 1.41, which is within standard range for the sector. Debt can assist TGS ASA until it has trouble settling it off, either with new capital or with free cash flow. So, TGS ASA's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like TGS ASA sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for TGS to invest in growth at high rates of return. When we think about TGS ASA's use of debt, we should always consider it together with cash and equity.TGS ASA Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the TGS ASA's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of TGS ASA, which in turn will lower the firm's financial flexibility.About TGS OTC Stock Analysis
OTC Stock analysis is the technique used by a trader or investor to examine and evaluate how TGS ASA prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling TGS shares will generate the highest return on investment. We also built our otc analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual OTC such as TGS ASA. By using and applying TGS OTC Stock analysis, traders can create a robust methodology for identifying TGS entry and exit points for their positions.
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.
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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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