Transportadora de Gas del Norte (BUE:TGNO1) Quick Ratio: 2.87 (As of Mar. 2026) — 58% Above Median

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BUE:TGNO1 Transportadora de Gas del Norte SA BUE:TGNO1
82 GF Score
Price ARS2.65
GF Value ARS3.01
! 4 Warning Signs
View Full Analysis

What is Transportadora de Gas del Norte Quick Ratio?

Transportadora de Gas del Norte BUE:TGNO1 82 Quick Ratio is 2.87 as of Mar. 2026, which is 58% above its 10-year median of 1.82. GuruFocus rates BUE:TGNO1 with a GF Score™ of 82/100 and a GF Value™ of ARS3.01. The stock has 4 warning signs investors should review. Among 1,017 Oil & Gas companies, Transportadora de Gas del Norte ranks better than 81.81% on this metric.

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. Transportadora de Gas del Norte's quick ratio for the quarter that ended in Mar. 2026 was 2.87.

Transportadora de Gas del Norte has a quick ratio of 2.87. It generally indicates good short-term financial strength.

The historical rank and industry rank for Transportadora de Gas del Norte's Quick Ratio or its related term are showing as below:

BUE:TGNO1' s Quick Ratio Range Over the Past 10 Years
Min: 0.33   Med: 1.82   Max: 7.78
Current: 2.87

During the past 13 years, Transportadora de Gas del Norte's highest Quick Ratio was 7.78. The lowest was 0.33. And the median was 1.82.

BUE:TGNO1's Quick Ratio is ranked better than
81.81% of 1017 companies
in the Oil & Gas industry
Industry Median: 1.11 vs BUE:TGNO1: 2.87

Transportadora de Gas del Norte  (BUE:TGNO1) Quick Ratio Explanation

The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.

In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.

The higher the quick ratio, the better the company's liquidity position.


Transportadora de Gas del Norte Quick Ratio Related Terms


Transportadora de Gas del Norte Quick Ratio Historical Data

* Premium members only.

The historical data trend for Transportadora de Gas del Norte's Quick 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.

Transportadora de Gas del Norte Quick Ratio Chart

Transportadora de Gas del Norte Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Quick Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 4.44 1.34 2.30 2.30

Transportadora de Gas del Norte Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Quick Ratio 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 4.10 2.34 1.90 2.30 2.87

BUE:TGNO1 vs WMB, EPD, KMI: Quick Ratio Comparison

For the Oil & Gas Midstream subindustry, Transportadora de Gas del Norte's Quick Ratio, along with its competitors' market caps and Quick 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.


Transportadora de Gas del Norte Quick Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Transportadora de Gas del Norte's Quick Ratio distribution charts can be found below:

* The bar in red indicates where Transportadora de Gas del Norte's Quick Ratio falls into.


BUE:TGNO1
82GF Score
Transportadora de Gas del Norte SA BUE:TGNO1
Quick Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
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Transportadora de Gas del Norte Quick Ratio Calculation

The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.

Transportadora de Gas del Norte's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Quick Ratio (A: Dec. 2025 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(496635.097-4659.201)/213649.349
=2.30

Transportadora de Gas del Norte's Quick Ratio for the quarter that ended in Mar. 2026 is calculated as

Quick Ratio (Q: Mar. 2026 )=(Total Current Assets-Total Inventories)/Total Current Liabilities
=(600659.889-5043.621)/207683.826
=2.87

* 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 Quick Ratio →
What does a Quick Ratio of 2.87 mean?
Transportadora de Gas del Norte (BUE:TGNO1) has a Quick Ratio of 2.87 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Transportadora de Gas del Norte and its competitors. This is 58% above median its historical median of 1.82. Over the past decade, Transportadora de Gas del Norte's Quick Ratio has ranged from 0.33 to 7.78. According to the industry distribution chart, Transportadora de Gas del Norte ranks #185 out of 1017 companies in the Oil & Gas industry, placing it in the top 18.2%.
Is Transportadora de Gas del Norte's Quick Ratio too high?
Transportadora de Gas del Norte's current Quick Ratio of 2.87 is 58% above median its 10-year median of 1.82. Over the past 10 years, this metric has ranged from a low of 0.33 to a high of 7.78. The Oil & Gas industry median Quick Ratio is 1.11. Transportadora de Gas del Norte's value of 2.87 is 158.6% above this industry median. Based on the distribution chart, Transportadora de Gas del Norte ranks #185 out of 1017 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers. Overall, Transportadora de Gas del Norte has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Transportadora de Gas del Norte's Quick Ratio compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Transportadora de Gas del Norte ranks #185 out of 1017 companies for Quick Ratio. This places Transportadora de Gas del Norte in the top 18% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.11. Transportadora de Gas del Norte's value of 2.87 is 158.6% above this benchmark. Historically, Transportadora de Gas del Norte's own Quick Ratio has ranged from 0.33 to 7.78 over the past decade. While the company's 10-year median is 1.82 vs. the industry median of 1.11, Transportadora de Gas del Norte 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 Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.11, based on 1,017 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Transportadora de Gas del Norte's current Quick Ratio of 2.87 is 158.6% 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 Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on Transportadora de Gas del Norte and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.11 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Transportadora de Gas del Norte's current Quick Ratio is 2.87, which is 58% above median its own 10-year median of 1.82. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Transportadora de Gas del Norte stock overvalued right now?
Transportadora de Gas del Norte (BUE:TGNO1) has a current Quick Ratio of 2.87. The stock's GF Value™ is ARS3.01, compared to a current price of ARS2.65 — trading 12% below its estimated fair value. The current Quick Ratio is 2.87, which is 58% above median its 10-year median of 1.82 and 158.6% above the Oil & Gas industry median of 1.11. Transportadora de Gas del Norte's overall GF Score™ is 82/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For Transportadora de Gas del Norte (BUE:TGNO1), the current Quick Ratio is 2.87 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 Transportadora de Gas del Norte (BUE:TGNO1) Overvalued in 2026?

Based on GuruFocus' analysis, Transportadora de Gas del Norte stock appears to be undervalued. The current stock price of ARS2.65 is trading 12% below its estimated GF Value™ of ARS3.01.

Key valuation signals for BUE:TGNO1:

  • Quick Ratio: 2.87 (58% above median its 10-year median of 1.82)
  • GF Value™: ARS3.01 vs. price of ARS2.65 (12% below fair value)
  • GF Score™: 82/100 with 4 warning signs
  • Industry Position: 158.6% above the Oil & Gas median (#185 of 1017)

No single metric tells the full story. See the BUE:TGNO1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Transportadora de Gas del Norte Business Description

Industry EnergyOil & Gas
Other Exchanges TGNO4:Argentina
Address Avenida del Libertador, 22nd floor, Buenos Aires, ARG, 7208
Transportadora de Gas del Norte SA is an Argentina-based company. It is active in the distribution of natural gas. 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.
82GF Score

Get the complete analysis for BUE:TGNO1

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

ARS2.65
Price
ARS3.01
GF Value