TGS ASAOSL:TGS -1.65%89 Current Ratio is 0.54 as of Mar. 2026, which is 47% below its 10-year median of 1.02. GuruFocus rates OSL:TGS with a GF Score™ of 89/100 and a GF Value™ of kr108.07 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,011 Oil & Gas companies, TGS ASA ranks worse than 86.65% on this metric.
The current ratio is a liquidity ratio that measures a company's ability to pay short-term obligations. It is calculated as a company's Total Current Assets divides by its Total Current Liabilities. TGS ASA's current ratio for the quarter that ended in Mar. 2026 was 0.54.
TGS ASA has a current ratio of 0.54. It indicates that the company may have difficulty meeting its current obligations. Low values, however, do not indicate a critical problem. If TGS ASA has good long-term prospects, it may be able to borrow against those prospects to meet current obligations.
The historical rank and industry rank for TGS ASA's Current Ratio or its related term are showing as below:
OSL:TGS'
s Current Ratio Range Over the Past 10 Years
Min: 0.54 Med: 1.02 Max: 2.69
Current: 0.54
During the past 13 years, TGS ASA's highest Current Ratio was 2.69. The lowest was 0.54. And the median was 1.02.
OSL:TGS's Current Ratio is ranked worse than 86.65% of 1011
companies
in the Oil & Gas industry
Industry Median: 1.35
vs OSL:TGS: 0.54
TGS ASA (OSL:TGS) Current Ratio Explanation
The current ratio can give a sense of the efficiency of a company's operating cycle or its ability to turn its product into cash. Companies that have trouble getting paid on their receivables or have long inventory turnover can run into liquidity problems because they are unable to alleviate their obligations. Because business operations differ in each industry, it is always more useful to compare companies within the same industry.
Acceptable current ratios vary from industry to industry and are generally between 1 and 3 for healthy businesses.
The higher the current ratio, the more capable the company is of paying its obligations. A ratio under 1 suggests that the company would be unable to pay off its obligations if they came due at that point. While this shows the company is not in good financial health, it does not necessarily mean that it will go bankrupt - as there are many ways to access financing - but it is definitely not a good sign.
If all other things were equal, a creditor, who is expecting to be paid in the next 12 months, would consider a high current ratio to be better than a low current ratio, because a high current ratio means that the company is more likely to meet its liabilities which fall due in the next 12 months.
TGS ASA Current Ratio Related Terms
TGS ASA Current Ratio Historical Data
* Premium members only.
The historical data trend for TGS ASA's Current Ratio 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.
OSL:TGS vs SLB, BKR, HAL: Current Ratio Comparison
For the Oil & Gas Equipment & Services subindustry, TGS ASA's Current Ratio, along with its competitors' market caps and Current Ratio 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 Current Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TGS ASA's Current Ratio distribution charts can be found below:
* The bar in red indicates where TGS ASA's Current Ratio 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 (OSL:TGS) has a Current Ratio of 0.54 as of Mar. 2026. This is 47% below median its historical median of 1.02. Over the past decade, TGS ASA's Current Ratio has ranged from 0.54 to 2.69. According to the industry distribution chart, TGS ASA ranks #876 out of 1011 companies in the Oil & Gas industry, placing it in the top 86.6%.
Is TGS ASA's Current Ratio too high?
TGS ASA's current Current Ratio of 0.54 is 47% below median its 10-year median of 1.02. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 2.69. The Oil & Gas industry median Current Ratio is 1.35. TGS ASA's value of 0.54 is 60% below this industry median. Based on the distribution chart, TGS ASA ranks #876 out of 1011 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TGS ASA has a GF Score™ of 89/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS ASA's Current Ratio compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, TGS ASA ranks #876 out of 1011 companies for Current Ratio. This places TGS ASA in the lower half of its industry. The industry median Current Ratio is 1.35. TGS ASA's value of 0.54 is 60% below this benchmark. Historically, TGS ASA's own Current Ratio has ranged from 0.54 to 2.69 over the past decade. While the company's 10-year median is 1.02 vs. the industry median of 1.35, 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 Current Ratio for an Oil & Gas company?
The median Current Ratio among Oil & Gas companies is 1.35, based on 1,011 companies in the industry. Companies in the top quartile (top 25%) have a Current Ratio significantly above this median, while those in the bottom quartile fall well below. However, Current Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TGS ASA's current Current Ratio of 0.54 is 60% 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 Current Ratio mean?
A high Current Ratio can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median Current Ratio is 1.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGS ASA's current Current Ratio is 0.54, which is 47% below median its own 10-year median of 1.02. 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 (OSL:TGS) is currently considered Modestly Overvalued. The stock's GF Value™ is kr108.07, compared to a current price of kr131.30 — trading 21.5% above its estimated fair value. The current Current Ratio is 0.54, which is 47% below median its 10-year median of 1.02 and 60% below the Oil & Gas industry median of 1.35. TGS ASA's overall GF Score™ is 89/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Current Ratio calculated?
Current Ratio is calculated from a company's financial statements. For TGS ASA (OSL:TGS), the current Current Ratio is 0.54 as of Mar. 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 (OSL:TGS) Overvalued in 2026?
Based on GuruFocus' analysis, TGS ASA stock appears to be overvalued.
The current stock price of kr131.30 is trading 21.5% above its estimated GF Value™ of kr108.07.
GuruFocus considers TGS ASA to be Modestly Overvalued.
Key valuation signals for OSL:TGS:
Current Ratio: 0.54 (47% below median its 10-year median of 1.02)
GF Value™: kr108.07 vs. price of kr131.30 (21.5% above fair value)
Industry Position: 60% below the Oil & Gas median (#876 of 1011)
No single metric tells the full story. See the OSL:TGS 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.
89GF Score
Get the complete analysis for OSL:TGS
Current Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
OSL:TGS has been successfully added to your 
