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TGS ASATGSNF 80 Equity-to-Asset is 0.51 as of Jun. 2026, which is 24% below its 10-year median of 0.67. GuruFocus rates TGSNF with a GF Score™ of 80/100 and a GF Value™ of $11.37 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 1,028 Oil & Gas companies, TGS ASA ranks better than 53.6% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TGS ASA's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $1,950 Mil. TGS ASA's Total Assets for the quarter that ended in Jun. 2026 was $3,863 Mil.
Therefore, TGS ASA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.51.
The historical rank and industry rank for TGS ASA's Equity-to-Asset or its related term are showing as below:
TGSNF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.5 Med: 0.67 Max: 0.84
Current: 0.51
During the past 13 years, the highest Equity to Asset Ratio of TGS ASA was 0.84. The lowest was 0.50. And the median was 0.67.
TGSNF's Equity-to-Asset is ranked better than 53.6% of 1028
companies
in the Oil & Gas industry
Industry Median: 0.49
vs TGSNF: 0.51
TGS ASA (OTCPK:TGSNF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
TGS ASA Equity-to-Asset Related Terms
TGS ASA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for TGS ASA's Equity-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.
TGSNF vs SLB, BKR, FTI: Equity-to-Asset Comparison
For the Oil & Gas Equipment & Services subindustry, TGS ASA's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TGS ASA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where TGS ASA's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
TGS ASA's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 Equity-to-Asset of 0.51 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TGS ASA and its competitors. This is 24% below median its historical median of 0.67. Over the past decade, TGS ASA's Equity-to-Asset has ranged from 0.50 to 0.84. According to the industry distribution chart, TGS ASA ranks #477 out of 1028 companies in the Oil & Gas industry, placing it in the top 46.4%.
Is TGS ASA's Equity-to-Asset too high?
TGS ASA's current Equity-to-Asset of 0.51 is 24% below median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.50 to a high of 0.84. The Oil & Gas industry median Equity-to-Asset is 0.49. TGS ASA's value of 0.51 is 4.1% above this industry median. Based on the distribution chart, TGS ASA ranks #477 out of 1028 companies in the Oil & Gas industry, which is above the industry midpoint. 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 Equity-to-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, TGS ASA ranks #477 out of 1028 companies for Equity-to-Asset. This puts TGS ASA in the upper half of its industry. The industry median Equity-to-Asset is 0.49. TGS ASA's value of 0.51 is 4.1% above this benchmark. Historically, TGS ASA's own Equity-to-Asset has ranged from 0.50 to 0.84 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.49, TGS ASA has consistently been above 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 Equity-to-Asset for an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,028 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TGS ASA's current Equity-to-Asset of 0.51 is 4.1% above 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TGS ASA and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TGS ASA's current Equity-to-Asset is 0.51, which is 24% below median its own 10-year median of 0.67. 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 $11.37, compared to a current price of $13.69 — trading 20.4% above its estimated fair value. The current Equity-to-Asset is 0.51, which is 24% below median its 10-year median of 0.67 and 4.1% above the Oil & Gas industry median of 0.49. 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 Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For TGS ASA (TGSNF), the current Equity-to-Asset is 0.51 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 $13.69 is trading 20.4% above its estimated GF Value™ of $11.37.
GuruFocus considers TGS ASA to be Modestly Overvalued.
Key valuation signals for TGSNF:
Equity-to-Asset: 0.51 (24% below median its 10-year median of 0.67)
GF Value™: $11.37 vs. price of $13.69 (20.4% above fair value)
Industry Position: 4.1% above the Oil & Gas median (#477 of 1028)
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.
80GF Score
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