Transportadora de Gas del Norte (BUE:TGNO4) Debt-to-Equity : 0.11 (As of Dec. 2024)

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What is Transportadora de Gas del Norte Debt-to-Equity?

Transportadora de Gas del Norte's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ARS83,884 Mil. Transportadora de Gas del Norte's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was ARS5,012 Mil. Transportadora de Gas del Norte's Total Stockholders Equity for the quarter that ended in Dec. 2024 was ARS824,689 Mil. Transportadora de Gas del Norte's debt to equity for the quarter that ended in Dec. 2024 was 0.11.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Transportadora de Gas del Norte's Debt-to-Equity or its related term are showing as below:

BUE:TGNO4' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.09 Med: 0.15 Max: 61.36
Current: 0.11

During the past 13 years, the highest Debt-to-Equity Ratio of Transportadora de Gas del Norte was 61.36. The lowest was 0.09. And the median was 0.15.

BUE:TGNO4's Debt-to-Equity is ranked better than
78.26% of 828 companies
in the Oil & Gas industry
Industry Median: 0.45 vs BUE:TGNO4: 0.11

Transportadora de Gas del Norte Debt-to-Equity Historical Data

The historical data trend for Transportadora de Gas del Norte's Debt-to-Equity 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.

* Premium members only.

Transportadora de Gas del Norte Debt-to-Equity Chart

Transportadora de Gas del Norte Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-Equity

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0.12

0.09

0.10

0.14

0.11

Transportadora de Gas del Norte Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-Equity	Get a 7-Day Free Trial															0.14	0.08	0.10	0.13	0.11

Competitive Comparison of Transportadora de Gas del Norte's Debt-to-Equity

For the Oil & Gas Midstream subindustry, Transportadora de Gas del Norte's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.

Transportadora de Gas del Norte's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Transportadora de Gas del Norte's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Transportadora de Gas del Norte's Debt-to-Equity falls into.

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Transportadora de Gas del Norte Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Transportadora de Gas del Norte's Debt to Equity Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(83883.611	+	5012.43)	/	824689.364
	=	0.11

Transportadora de Gas del Norte's Debt to Equity Ratio for the quarter that ended in Dec. 2024 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(83883.611	+	5012.43)	/	824689.364
	=	0.11

Transportadora de Gas del Norte (BUE:TGNO4) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Transportadora de Gas del Norte Debt-to-Equity Related Terms

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Transportadora de Gas del Norte Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Norte SA (BUE:TGNO4) » Definitions » Debt-to-Equity

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Traded in Other Exchanges

N/A

Address

Avenida del Libertador, 22nd floor, Buenos Aires, ARG, 7208

Website

https://www.tgn.com.ar

Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. The company operates a pipeline network of more than 6,788 kilometers. Its gas transportation system comprises two main pipelines: The Northern Pipeline, which begins in the province of Salta, and the Central Western Pipeline, which starts in the Province of Neuquen. The services offered by the company include Gas transportation and providing operation, maintenance and technical assistance of third-party pipelines.

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