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Financial statementsGAS TRANSPORTER OF THE SOUTH INC financial statements
Income statement, balance sheet and cash flow statement for the last 10 fiscal years, taken from the XBRL data GAS TRANSPORTER OF THE SOUTH INC files with the SEC in its annual reports.
In ARS millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
| FY2015 | FY2017 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 4,227 | 14,646 | 30,695 | 71,337 | 99,790 | 164,275 | 539,731 | 1,115,696 | 986,053 | 1,219,766 |
| Cost of revenue | 2,760 | 10,025 | 18,361 | 33,903 | 50,090 | 81,050 | 289,121 | 651,289 | 620,073 | 575,240 |
| Gross profit | 1,467 | 4,620 | 12,334 | 37,434 | 49,700 | 83,226 | 250,610 | 464,407 | 365,980 | 644,526 |
| Selling and marketing | 241 | 696 | 1,242 | 3,696 | 6,246 | 8,726 | 29,084 | 69,194 | 66,248 | 77,240 |
| General and administrative | 202 | 881 | 1,129 | 2,014 | 2,590 | 4,948 | 15,558 | 39,023 | 44,522 | 47,428 |
| Operating income | 688 | 2,913 | 9,545 | 29,858 | 40,603 | 60,689 | 206,749 | 355,672 | 253,558 | 560,299 |
| Interest expense | 1,527 | 2,565 | 3,021 | 30,990 | 36,373 | 53,496 | 102,586 | 399,450 | 1,096,882 | 207,480 |
| Interest income | 553 | 817 | 1,069 | 19,916 | 17,539 | 16,217 | 41,687 | 201,926 | 641,108 | 116,195 |
| Pre-tax income | -286 | 2,209 | 8,766 | 23,936 | 34,583 | 22,612 | 204,231 | 334,855 | 95,001 | 582,103 |
| Income tax | -114 | 1,102 | -81.7 | 27.6 | 8,269 | 12,950 | 77,263 | 115,697 | 43,788 | 211,939 |
| Net income to minority interests | 0 | 0 | 0 | |||||||
| Net income | -172 | 1.11 | 8.85 | 23.9 | 26,314 | 9,662 | 126,968 | 219,157 | 51,212 | 370,164 |
| EPS, basic | -10.75 | 57.17 | 297.76 | 595.26 | 440.95 | 86.00 | 367.32 | 291.14 | 68.03 | 491.74 |
| EPS, diluted | -10.75 | 57.17 | 297.76 | 595.26 | 440.95 | 86.00 | 367.32 | 291.14 | 68.03 | 491.74 |
Balance sheet
| FY2015 | FY2017 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | 2,164 | 4,416 | 8,203 | 52,617 | 39,089 | 42,607 | 58,503 | 20,269 | 14,371 | 59,974 |
| Inventory | 241 | 371 | 385 | 1,139 | 1,231 | 5,233 | 15,450 | 12,434 | 16,701 | 3,665 |
| Property, plant and equipment | 4,220 | 5,333 | 34,161 | 59,511 | 101,497 | 149,241 | 292,535 | 917,032 | 2,162,194 | 2,384,877 |
| Lease right-of-use assets | 1,941 | 2,298 | 2,948 | 4,729 | 11,572 | 21,487 | 13,824 | |||
| Total assets | 6,647 | 8,931 | 44,853 | 95,288 | 130,152 | 378,098 | 1,262,820 | 2,794,532 | 3,322,618 | 3,394,598 |
| Short-term debt | 145 | 1,963 | 681 | 2,344 | 1,414 | 2,300 | 12,207 | 131,893 | 78,396 | |
| Total current liabilities | 1,903 | 6,898 | 10,993 | 10,826 | 12,241 | 39,465 | 65,999 | 260,324 | 368,956 | |
| Total liabilities | 4,951 | 6,405 | 19,574 | 47,685 | 64,691 | 183,964 | 531,303 | 982,397 | 1,459,269 | 1,161,086 |
| Total debt | 3,335 | 7,217 | 10,219 | 31,685 | 45,720 | 66,217 | 102,421 | 294,635 | 1,027,079 | 580,110 |
| Retained earnings | 931 | 4,335 | 18,441 | 18,537 | 4,960 | 40,772 | 100,640 | 51,212 | 370,164 | |
| Shareholders' equity | 832,157 | 1,863,347 | 2,233,510 | |||||||
| Minority interests | 0.01 | 0.01 | 0.02 | 0.04 | 0.05 | 0.1 | 0.34 | 2 | 1.78 | |
| Total equity | 18,649 | 30,041 | 52,943 | 97,823 | 192,471 | 604,549 | 1,592,977 | 1,812,135 | 1,863,349 | 2,233,512 |
| Total liabilities and equity | 23,600 | 8,931 | 44,853 | 95,288 | 130,152 | 194,102 | 405,520 | 1,283,287 | 3,322,618 | 3,394,598 |
Cash flow statement
| FY2015 | FY2017 | FY2017 | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | -172 | 931 | 2,793 | 23.9 | 26,314 | 9,662 | 126,968 | 219,157 | 51,212 | 370,164 |
| Cash from operations | 467 | 4,126 | 8,548 | 26,800 | 27,739 | 83,838 | 183,804 | 240,154 | 412,818 | 484,167 |
| Capital expenditures | -402 | -1,018 | -2,986 | -17,013 | -32,739 | -22,844 | -58,528 | -171,619 | -294,162 | -289,811 |
| Cash from investing | -228 | -898 | -5,965 | -9,909 | -34,202 | -88,466 | -183,701 | -272,715 | -449,526 | -384,898 |
| Debt repaid | -295 | 0 | 0 | -10,045 | 0 | 0 | ||||
| Share buybacks | 0 | 0 | -2,976 | -5,324 | -7,999 | 0 | 0 | |||
| Dividends paid | -227 | -6,660 | ||||||||
| Cash from financing | -295 | -1,999 | -92.1 | 4,291 | -23,259 | -14,921 | -5,821 | 24,590 | 53,685 | -31,348 |
| Exchange rate effect | 139 | 177 | 346 | 14,006 | 7,646 | 2,236 | 1,960 | 1,984 | 3,160 | 171 |
| Net change in cash | -55.8 | 1,229 | 2,491 | 21,183 | -29,721 | -19,548 | -5,718 | -7,971 | 16,976 | 67,920 |
| Free cash flow | 65.1 | 3,109 | 5,562 | 9,786 | -5,000 | 60,993 | 125,275 | 68,536 | 118,656 | 194,356 |
| Interest paid | 230 | 629 | 465 | 1,897 | 4,192 | 8,077 | 22,747 | 38,824 | 34,379 | 32,062 |
| Income taxes paid | 10.5 | 19.5 | 1,282 | 5,818 | 10,031 | 3,431 | 26,034 | 174,196 | 24,346 | 3,991 |
Key metrics
Profitability
| Metric | Value | How it is calculated |
|---|---|---|
| Gross margin | 52.8% | Gross profit / revenue. |
| Operating margin | 45.9% | Operating income / revenue. |
| Pre-tax margin | 47.7% | Pre-tax income / revenue. |
| Net margin | 30.3% | Net income / revenue. |
| FCF margin | 15.9% | Free cash flow (cash from operations - capital expenditures) / revenue. |
| Operating cash flow margin | 39.7% | Cash from operations / revenue. |
| Effective tax rate | 36.4% | Income tax / pre-tax income, when pre-tax income is positive. |
| Return on equity (ROE) | 18.1% | Net income / average shareholders' equity (opening and closing). Not shown when equity is negative. |
| Return on assets (ROA) | 11.0% | Net income / average total assets. |
| Return on invested capital (ROIC) | 12.7% | Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%. |
| Capex / revenue | 23.8% | Capital expenditures / revenue. |
Growth
| Metric | Value | How it is calculated |
|---|---|---|
| Revenue growth, 1y | 23.7% | Revenue vs the same period a year earlier. Only from a positive base. |
| Revenue CAGR, 3y | 31.2% | Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Revenue CAGR, 5y | 65.0% | Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Gross profit growth, 1y | 76.1% | Gross profit vs the same period a year earlier. Only from a positive base. |
| Gross profit CAGR, 3y | 37.0% | Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Gross profit CAGR, 5y | 66.9% | Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Operating income growth, 1y | 121.0% | Operating income vs the same period a year earlier. Only from a positive base. |
| Operating income CAGR, 3y | 39.4% | Compound annual growth of operating income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating income CAGR, 5y | 69.0% | Compound annual growth of operating income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Net income growth, 1y | 622.8% | Net income vs the same period a year earlier. Only from a positive base. |
| Net income CAGR, 3y | 42.9% | Compound annual growth of net income over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Net income CAGR, 5y | 69.7% | Compound annual growth of net income over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| EPS growth, 1y | 622.8% | EPS vs the same period a year earlier. Only from a positive base. |
| EPS CAGR, 3y | 10.2% | Compound annual growth of eps over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| EPS CAGR, 5y | 2.2% | Compound annual growth of eps over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Operating cash flow growth, 1y | 17.3% | Operating cash flow vs the same period a year earlier. Only from a positive base. |
| Operating cash flow CAGR, 3y | 38.1% | Compound annual growth of operating cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Operating cash flow CAGR, 5y | 77.2% | Compound annual growth of operating cash flow over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
| Free cash flow growth, 1y | 63.8% | Free cash flow vs the same period a year earlier. Only from a positive base. |
| Free cash flow CAGR, 3y | 15.8% | Compound annual growth of free cash flow over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Book value growth, 1y | 19.9% | Book value vs the same period a year earlier. Only from a positive base. |
| Total assets growth, 1y | 2.2% | Total assets vs the same period a year earlier. Only from a positive base. |
| Total assets CAGR, 3y | 39.0% | Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive. |
| Total assets CAGR, 5y | 92.0% | Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive. |
Balance sheet health
| Metric | Value | How it is calculated |
|---|---|---|
| Quick ratio | 0.16x | (Cash + short-term investments + receivables) / current liabilities. |
| Cash ratio | 0.16x | (Cash + short-term investments) / current liabilities. |
| Debt / equity | 0.26x | Total debt / shareholders' equity. Not shown when equity is negative. |
| Debt / assets | 17.1% | Total debt / total assets. |
| Liabilities / assets | 34.2% | Total liabilities / total assets. |
| Net debt | ARS 520.14B | Total debt - cash - short-term investments. Negative means more cash than debt. |
| Interest coverage | 2.70x | Operating income / interest expense. |
| Tangible book value | ARS 2.23T | Shareholders' equity - goodwill - intangible assets. |
Efficiency
| Metric | Value | How it is calculated |
|---|---|---|
| Asset turnover | 0.36x | Revenue / average total assets. |
| Fixed asset turnover | 0.54x | Revenue / average property, plant and equipment. |
| Inventory turnover | 56.5x | Cost of revenue / average inventory. |
| Days inventory | 6 days | 365 x average inventory / cost of revenue. |
| FCF conversion | 52.5% | Free cash flow / net income, when net income is positive. |
| Capex / operating cash flow | 59.9% | Capital expenditures / cash from operations, when that is positive. |
Per share
| Metric | Value | How it is calculated |
|---|---|---|
| EPS, diluted | ARS 491.74 | Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS. |
| EPS, basic | ARS 491.74 | Net income per basic share, as reported (split-adjusted). |
What was GAS TRANSPORTER OF THE SOUTH INC's revenue in fiscal 2024?
GAS TRANSPORTER OF THE SOUTH INC reported revenue of ARS 1.22T for fiscal 2024, 23.7% higher than the year before.
Was GAS TRANSPORTER OF THE SOUTH INC profitable in fiscal 2024?
Yes. Net income was ARS 370.16B, a net margin of 30.3%.
How much free cash flow did GAS TRANSPORTER OF THE SOUTH INC generate in fiscal 2024?
Cash from operations of ARS 484.17B minus capital expenditures of ARS 289.81B left free cash flow of ARS 194.36B.