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 TAG Oil Ltd. free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.

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.

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 company net worth.

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