Bankruptcy Probability

TGS ASA's probability of bankruptcy is 1.4%, making a collapse highly unlikely. The solvency score is 47/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency (such as how easily a company can pay interest on its outstanding debt, how much cash it has, the amount of debt, and more) and use it to estimate the probability of bankruptcy.

Very Low
Probability of Bankruptcy

Financial Position

Cash & ST Investments
+
3Y
+11%
5Y
+18%
10Y
+11%
Long-Term Investments
+
3Y
-
5Y
-
10Y
-
Debt
+
3Y
+2 969%
5Y
+1 379%
10Y
-

Solvency Ratios

Solvency Ratios Comparison
TGS ASA Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
NO
TGS ASA
OSE:TGS
19.3B NOK
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US
Schlumberger NV
NYSE:SLB
69.8B USD
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US
Baker Hughes Co
NASDAQ:BKR
51B USD
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US
Halliburton Co
NYSE:HAL
27.5B USD
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LU
Tenaris SA
MIL:TEN
18.6B EUR
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UK
TechnipFMC PLC
NYSE:FTI
21.1B USD
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CN
Yantai Jereh Oilfield Services Group Co Ltd
SZSE:002353
86B CNY
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FR
Technip Energies NV
PAR:TE
5.8B EUR
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US
Nov Inc
NYSE:NOV
6.6B USD
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UK
Subsea 7 SA
OSE:SUBC
65B NOK
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IT
Saipem SpA
MIL:SPM
5.2B EUR
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No Stocks Found
Is TGS ASA at risk of bankruptcy?

TGS ASA's probability of bankruptcy is 1.4%, making a collapse highly unlikely.

The probability of bankruptcy is estimated using credit risk models that assess its financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does TGS ASA have?

As of the latest report, TGS ASA has total debt of 740.6m USD. This includes both short-term (0 USD) and long-term (740.6m USD) debt.

You can find a full breakdown on its Balance Sheet.

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