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TGS ASATGSNF 79 Cash-to-Debt is 0.16 as of Jun. 2026, which is 97% below its 10-year median of 5.36. GuruFocus rates TGSNF with a GF Score™ of 79/100 and a GF Value™ of $11.16 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 987 Oil & Gas companies, TGS ASA ranks worse than 73.45% on this metric.
Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. TGS ASA's cash to debt ratio for the quarter that ended in Jun. 2026 was 0.16.
If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, TGS ASAcouldn't pay off its debt using the cash in hand for the quarter that ended in Jun. 2026.
The historical rank and industry rank for TGS ASA's Cash-to-Debt or its related term are showing as below:
TGSNF'
s Cash-to-Debt Range Over the Past 10 Years
Min: 0.14 Med: 5.36 Max: No Debt
Current: 0.16
During the past 13 years, TGS ASA's highest Cash to Debt Ratio was No Debt. The lowest was 0.14. And the median was 5.36.
TGSNF's Cash-to-Debt is ranked worse than 73.45% of 987
companies
in the Oil & Gas industry
Industry Median: 0.55
vs TGSNF: 0.16
If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.
TGS ASA Cash-to-Debt Related Terms
TGS ASA Cash-to-Debt Historical Data
* Premium members only.
The historical data trend for TGS ASA's Cash-to-Debt can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
For the Oil & Gas Equipment & Services subindustry, TGS ASA's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
TGS ASA Cash-to-Debt vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TGS ASA's Cash-to-Debt distribution charts can be found below:
* The bar in red indicates where TGS ASA's Cash-to-Debt falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
TGS ASA (TGSNF) has a Cash-to-Debt of 0.16 as of Jun. 2026. This is 97% below median its historical median of 5.36. Over the past decade, TGS ASA's Cash-to-Debt has ranged from 0.14 to 10,000.00. According to the industry distribution chart, TGS ASA ranks #725 out of 987 companies in the Oil & Gas industry, placing it in the top 73.5%.
Is TGS ASA's Cash-to-Debt too high?
TGS ASA's current Cash-to-Debt of 0.16 is 97% below median its 10-year median of 5.36. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 10,000.00. The Oil & Gas industry median Cash-to-Debt is 0.55. TGS ASA's value of 0.16 is 70.9% below this industry median. Based on the distribution chart, TGS ASA ranks #725 out of 987 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, TGS ASA has a GF Score™ of 79/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS ASA's Cash-to-Debt compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, TGS ASA ranks #725 out of 987 companies for Cash-to-Debt. This places TGS ASA in the lower half of its industry. The industry median Cash-to-Debt is 0.55. TGS ASA's value of 0.16 is 70.9% below this benchmark. Historically, TGS ASA's own Cash-to-Debt has ranged from 0.14 to 10,000.00 over the past decade. While the company's 10-year median is 5.36 vs. the industry median of 0.55, TGS ASA has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash-to-Debt for an Oil & Gas company?
The median Cash-to-Debt among Oil & Gas companies is 0.55, based on 987 companies in the industry. Companies in the top quartile (top 25%) have a Cash-to-Debt significantly above this median, while those in the bottom quartile fall well below. However, Cash-to-Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TGS ASA's current Cash-to-Debt of 0.16 is 70.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash-to-Debt mean?
A high Cash-to-Debt can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Cash-to-Debt is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGS ASA's current Cash-to-Debt is 0.16, which is 97% below median its own 10-year median of 5.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGS ASA stock overvalued right now?
Based on GuruFocus' analysis, TGS ASA (TGSNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $11.16, compared to a current price of $14.23 — trading 27.5% above its estimated fair value. The current Cash-to-Debt is 0.16, which is 97% below median its 10-year median of 5.36 and 70.9% below the Oil & Gas industry median of 0.55. TGS ASA's overall GF Score™ is 79/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash-to-Debt calculated?
Cash-to-Debt is calculated from a company's financial statements. For TGS ASA (TGSNF), the current Cash-to-Debt is 0.16 as of Jun. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is TGS ASA (TGSNF) Overvalued in 2026?
Based on GuruFocus' analysis, TGS ASA stock appears to be overvalued.
The current stock price of $14.23 is trading 27.5% above its estimated GF Value™ of $11.16.
GuruFocus considers TGS ASA to be Modestly Overvalued.
Key valuation signals for TGSNF:
Cash-to-Debt: 0.16 (97% below median its 10-year median of 5.36)
GF Value™: $11.16 vs. price of $14.23 (27.5% above fair value)
Industry Position: 70.9% below the Oil & Gas median (#725 of 987)
No single metric tells the full story. See the TGSNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TGS ASA provides energy data and related services, offering technology and solutions that support decision-making across the energy value chain, including exploration and production activities. The company's business activities are organized in the following segments: Multi-client, Marine Data Acquisition (MDA), Imaging, New Energy Solutions (NES), and Shared Services. The majority of the company's revenue is derived from the Multi-client sales segment, which initiates, acquires, processes, markets and sells energy data to multiple customers on a non-exclusive basis. Geographically, it generates the maximum revenue from Africa and the Middle East.
79GF Score
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