Tesgas S.A. (TSG.WA) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-09-09). See the full ratio breakdown and business-activity screen below for the reasoning.
⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.
Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2025-12-31. TSG.WA files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.
Business activity: cleared (no excluded categories detected)
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 36.36% | 30.00% | Fail |
| Interest-bearing investments | 70.27% | 30.00% | Fail |
| Non-permissible income | 1.64% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 6.13% | 33.00% | Pass |
| Interest-bearing investments | 11.86% | 33.00% | Pass |
| Non-liquid assets | 75.12% | at least 20.00% | Pass |
| Non-permissible income | 1.64% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 6.13% | 33.33% | Pass |
| Cash + interest-bearing securities | 11.86% | 33.33% | Pass |
| Accounts receivable | 24.88% | 33.33% | Pass |
| Non-permissible income | 1.64% | 5.00% | Pass |
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 6.13% | 33.33% | Pass |
| Cash + interest-bearing securities | 11.86% | 33.33% | Pass |
| Accounts receivable | 24.88% | 50.00% | Pass |
| Non-permissible income | 1.64% | 5.00% | Pass |
Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 26.58% | 33.00% | Pass |
| Cash + interest-bearing securities | 51.37% | 33.00% | Fail |
| Accounts receivable | 56.44% | 33.00% | Fail |
| Non-permissible income | 1.64% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 24.07% | 33.00% | Pass |
| Cash + interest-bearing securities | 46.51% | 49.00% | Pass |
| Accounts receivable | 51.10% | 49.00% | Fail |
| Non-permissible income | 1.64% | 5.00% | Pass |
Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.
| Ratio | Value | Threshold | Result |
|---|---|---|---|
| Interest-bearing debt | 24.07% | 33.33% | Pass |
| Cash + interest-bearing securities | 46.51% | 33.33% | Fail |
| Accounts receivable | 97.61% | 49.00% | Fail |
| Non-permissible income | 1.64% | 5.00% | Pass |
Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.
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Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.
The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.
| Indicator | Value | Signal |
|---|---|---|
| RSI (14) | 41.40 | NEUTRAL |
| Stochastic %K (14) | 39.13 | NEUTRAL |
| CCI (20) | -143.01 | BUY |
| Williams %R (14) | -60.87 | NEUTRAL |
| MACD (12,26,9) | -0.00 | SELL |
| ROC (10) | -0.88 | SELL |
| Momentum (10) | -0.01 | SELL |
| EMA (10) | 1.72 | SELL |
| SMA (10) | 1.72 | SELL |
| EMA (20) | 1.73 | SELL |
| SMA (20) | 1.74 | SELL |
| EMA (30) | 1.74 | SELL |
| SMA (30) | 1.75 | SELL |
| EMA (50) | 1.77 | SELL |
| SMA (50) | 1.77 | SELL |
| EMA (100) | 1.84 | SELL |
| SMA (100) | 1.83 | SELL |
| EMA (200) | 1.99 | SELL |
| SMA (200) | 1.95 | SELL |
Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.
Utilities · Utilities - Regulated Gas
Tesgas S.A., together with its subsidiaries, engages in the construction, renovation, and modernization of gas facilities in Poland, Germany, and Spain. The company is involved in the implementation of investments related to the transmission and distribution of natural gas; and construction and renovation of high, medium, and low pressure gas networks and stations, as well as gas stations and gas boiler rooms, and facilities related to natural gas and crude oil extraction. It also designs gas facilities; conducts pressure tests of gas pipelines; and installation of THT and filling of odorizing. In addition, the company offers CNC and conventional machining; plastic processing of sheet metal; thermal burning of sheet metal; construction of tanks and pressure equipment; and production of steel casings for gas and power stations, power generators, flange connection elements, and parts of gas equipment. Further, it constructs photovoltaic installations and solar collector installations; sells and installs solar lamps; and constructs and assembly of other devices. The company was founded in 2000 and is based in Dopiewo, Poland.
Background via Yahoo Finance — informational, not part of the verdict.
Peer movement computing — it will appear here on its own.
NO DATA 0 buys · 0 sells
NEUTRAL report date 2026-09-01 · Asset managers net 934180 (-19048)
Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.