TGSNF (TGS ASA) Debt-to-Asset : 0.21 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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TGSNF TGS ASA TGSNF
80 GF Score
Price $13.67
GF Value $11.10
Valuation Modestly Overvalued
! 4 Warning Signs
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What is TGS ASA Debt-to-Asset?

TGS ASA TGSNF 80 Debt-to-Asset is 0.21 as of Jun. 2026. GuruFocus rates TGSNF with a GF Score™ of 80/100 and a GF Value™ of $11.10 (Modestly Overvalued). The stock has 4 warning signs investors should review.

TGS ASA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $123 Mil. TGS ASA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $680 Mil. TGS ASA's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $3,863 Mil. TGS ASA's debt to asset for the quarter that ended in Jun. 2026 was 0.21.

TGS ASA  (OTCPK:TGSNF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

TGS ASA Debt-to-Asset Related Terms

TGS ASA Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for TGS ASA's Debt-to-Asset 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.

TGS ASA Debt-to-Asset Chart

TGS ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.05 0.08 0.07 0.22 0.23

TGS ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Debt-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.23 0.23 0.20 0.21

TGSNF vs SLB, BKR, FTI: Debt-to-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, TGS ASA's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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 Debt-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TGS ASA's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where TGS ASA's Debt-to-Asset falls into.


TGSNF
80GF Score
TGS ASA TGSNF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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TGS ASA Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

TGS ASA's Debt-to-Asset for the fiscal year that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(195.9 + 722) / 3933.6
=0.23

TGS ASA's Debt-to-Asset for the quarter that ended in Jun. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(122.6 + 680.3) / 3863
=0.21

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.21 mean?
TGS ASA (TGSNF) has a Debt-to-Asset of 0.21 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on TGS ASA and its competitors.
Is TGS ASA's Debt-to-Asset too high?
TGS ASA's current Debt-to-Asset is 0.21. Overall, TGS ASA has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does TGS ASA's Debt-to-Asset compare to SLB and BKR?
TGS ASA's Debt-to-Asset of 0.21 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for an Oil & Gas company?
A good Debt-to-Asset depends on the Oil & Gas industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on TGS ASA and its competitors. TGS ASA's current Debt-to-Asset is 0.21. 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 $11.10, compared to a current price of $13.67 — trading 23.2% above its estimated fair value. The current Debt-to-Asset is 0.21. TGS ASA's overall GF Score™ is 80/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For TGS ASA (TGSNF), the current Debt-to-Asset is 0.21 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 $13.67 is trading 23.2% above its estimated GF Value™ of $11.10. GuruFocus considers TGS ASA to be Modestly Overvalued.

Key valuation signals for TGSNF:

  • Debt-to-Asset: 0.21
  • GF Value™: $11.10 vs. price of $13.67 (23.2% above fair value)
  • GF Score™: 80/100 with 4 warning signs

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 Business Description

Industry EnergyOil & Gas
Address 10451 Clay Road, Houston, TX, USA, 77041
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.
80GF Score

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Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$13.67
Price
$11.10
GF Value