TAG Oil Ltd. Capital Reinvestment Ratio

Latest as of March 2024: 7.64x

TAG Oil Ltd. 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. cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

Capital Reinvestment Ratio

7.64x
Capex / Operating Cash Flow

Operating Cash Flow

CA$1.10 Million
CAD

Capital Expenditures

CA$8.39 Million
CAD

Data as of

Mar 2024
Most recent filing

Capital Reinvestment Ratio of TAG Oil Ltd. (2017–2020)

Capital reinvestment ratio of TAG Oil Ltd. from 2017 to 2020. This chart tracks TAG Oil Ltd.'s Capital Reinvestment Ratio across 4 annual periods. Also explore net asset growth rate of TAG Oil Ltd. to track the company's year-over-year net asset growth rate.

TAG Oil Ltd. Capital Reinvestment Ratio by Year (2017–2020)

TAG Oil Ltd. capital reinvestment ratio by year from 2017 to 2020. For the full cash flow conversion analysis, see TAO cash generation efficiency.

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 —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow