TAG Oil Ltd. (TAO) — Capital Reinvestment Ratio

Latest as of March 2024: 7.64x

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). See net asset quality index of TAG Oil Ltd. to measure how much of total assets are equity-financed.

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

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

This chart tracks TAG Oil Ltd.'s Capital Reinvestment Ratio across 4 annual periods. Check how aggressively does TAG Oil Ltd. reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

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

Year-by-year Capital Reinvestment Ratio for TAG Oil Ltd. from 2017 to 2020. For live market cap and broader valuation context, see TAO market cap overview.

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