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TGS ASA (STU:TGC) Total Assets : €3,856 Mil (As of Dec. 2024)


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What is TGS ASA Total Assets?

TGS ASA's Total Assets for the quarter that ended in Dec. 2024 was €3,856 Mil.

During the past 12 months, TGS ASA's average Total Assets Growth Rate was 136.60% per year. During the past 3 years, the average Total Assets Growth Rate was 51.20% per year. During the past 5 years, the average Total Assets Growth Rate was 17.00% per year. During the past 10 years, the average Total Assets Growth Rate was 10.50% per year.

During the past 13 years, TGS ASA's highest 3-Year average Total Assets Growth Rate was 51.20%. The lowest was -3.90%. And the median was 13.95%.

Total Assets is connected with ROA %. TGS ASA's annualized ROA % for the quarter that ended in Dec. 2024 was 3.85%. Total Assets is also linked to Revenue through Asset Turnover. TGS ASA's Asset Turnover for the quarter that ended in Dec. 2024 was 0.12.


TGS ASA Total Assets Historical Data

The historical data trend for TGS ASA's Total Assets 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.

TGS ASA Total Assets Chart

TGS ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Total Assets
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,651.25 1,442.40 1,735.92 1,794.03 3,856.08

TGS ASA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Total Assets 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 1,794.03 1,947.67 1,919.26 3,680.01 3,856.08

TGS ASA Total Assets Calculation

Total Assets are all the assets a company owns.

From the capital sources of the assets, some of the assets are funded through shareholder's paid in capital and retained earnings of the business. Others are funded through borrowed money.

TGS ASA's Total Assets for the fiscal year that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (A: Dec. 2024 )+Total Liabilities (A: Dec. 2024 )
=1982.229+1873.855
=3,856

TGS ASA's Total Assets for the quarter that ended in Dec. 2024 is calculated as

Total Assets=Total Equity (Q: Dec. 2024 )+Total Liabilities (Q: Dec. 2024 )
=1982.229+1873.855
=3,856

* 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  (STU:TGC) Total Assets Explanation

Total Assets is connected with ROA %.

TGS ASA's annualized ROA % for the quarter that ended in Dec. 2024 is

ROA %=Net Income (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=145.16/( (3680.01+3856.084)/ 2 )
=145.16/3768.047
=3.85 %

Note: The Net Income data used here is four times the quarterly (Dec. 2024) data.

In the article Joining The Dark Side: Pirates, Spies and Short Sellers, James Montier reported that In their US sample covering the period 1968-2003, Cooper et al find that firms with low asset growth outperformed firms with high asset growth by an astounding 20% p.a. equally weighted. Even when controlling for market, size and style, low asset growth firms outperformed high asset growth firms by 13% p.a. Therefore a company with fast asset growth may underperform.

Total Assets is linked to total revenue through Asset Turnover.

TGS ASA's Asset Turnover for the quarter that ended in Dec. 2024 is

Asset Turnover
=Revenue (Q: Dec. 2024 )/( (Total Assets (Q: Sep. 2024 )+Total Assets (Q: Dec. 2024 ))/ count )
=468.578/( (3680.01+3856.084)/ 2 )
=468.578/3768.047
=0.12

* 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.

Therefore, if a company grows its Total Assets faster than its Revenue, the Asset Turnover will decline. This might be a warning sign for the business.

TGS ASA Total Assets Related Terms

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TGS ASA Business Description

Address
Lilleakerveien 4C, Oslo, NOR, 0283
TGS ASA provides data, intelligence, ocean bottom node (OBN) acquisition services, processing, analytics, cloud-based data applications, and other specialized services and solutions to energy companies across the energy spectrum, whether it is oil and gas, carbon capture and storage, or wind development. Its reportable segments are divided into six overall business units: Contract, Multi-client, New Energy Solutions (NES), Imaging, Shared Services. It generates the majority of its revenue from Multi-client sales.

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