TAG Oil Ltd. (TAO) — Capital Reinvestment Ratio
TAG Oil Ltd. (TAO) has a Capital Reinvestment Ratio of 7.64x as of March 2024, meaning it reinvests 8% of its operating cash flow (CA$1.10 Million) in capital expenditures (CA$8.39 Million). Check TAG Oil Ltd. tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
TAG Oil Ltd. Capital Reinvestment Ratio (2017–2020)
This chart tracks TAG Oil Ltd.'s Capital Reinvestment Ratio across 4 annual periods. For the full cash flow conversion analysis, see cash flow conversion of TAG Oil Ltd..
Annual Capital Reinvestment Ratio for TAG Oil Ltd. (2017–2020)
Year-by-year Capital Reinvestment Ratio for TAG Oil Ltd. from 2017 to 2020. See TAG Oil Ltd. free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (CAD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2020 | 1.12x | CA$3.76 Million | CA$4.20 Million | ▲ +12.8% |
| 2019 | 0.99x | CA$12.07 Million | CA$11.93 Million | ▼ -68.2% |
| 2018 | 3.11x | CA$8.74 Million | CA$27.19 Million | ▼ -58.3% |
| 2017 | 7.45x | CA$1.46 Million | CA$10.90 Million | — |