TAG Oil Ltd.
TAG Oil Ltd., together with its subsidiaries, engages in the exploration, development, and production of oil and gas in Canada, the Middle East, and North Africa. The company was formerly known as Durum Cons. Energy Corp. and changed its name to TAG Oil Ltd. in June 2002. The company was incorporated in 1990 and is headquartered in Vancouver, Canada.
TAG Oil Ltd. (TAOIF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of December 2024: -0.017x
Based on the latest financial reports, TAG Oil Ltd. (TAOIF) has a cash flow conversion efficiency ratio of -0.017x as of December 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-820.00K) by net assets ($49.35 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
TAG Oil Ltd. - Cash Flow Conversion Efficiency Trend (2009–2025)
This chart illustrates how TAG Oil Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
TAG Oil Ltd. Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of TAG Oil Ltd. ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sahacogen (Chonburi) Public Company Limited
BK:SCG
|
0.017x |
|
Les Docks des Pétroles d'Ambès -SA
PA:DPAM
|
0.034x |
|
AIR INDUSTRIES GR.DL-001
F:YH1
|
N/A |
|
First Au Ltd
AU:FAU
|
-0.107x |
|
Ree Automotive Holding Inc
NASDAQ:REE
|
-0.666x |
|
FINEDIGITAL Inc
KQ:038950
|
0.008x |
|
Balta Group
LSE:0RQK
|
0.112x |
|
Daidong Elec
KO:008110
|
0.017x |
Annual Cash Flow Conversion Efficiency for TAG Oil Ltd. (2009–2025)
The table below shows the annual cash flow conversion efficiency of TAG Oil Ltd. from 2009 to 2025.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-03-31 | $49.35 Million | $-5.98 Million | -0.121x | +13.42% |
| 2023-03-31 | $39.01 Million | $-5.46 Million | -0.140x | +40.95% |
| 2022-03-31 | $17.23 Million | $-4.08 Million | -0.237x | -21.01% |
| 2021-03-31 | $20.00 Million | $-3.92 Million | -0.196x | -393.11% |
| 2020-03-31 | $56.31 Million | $3.76 Million | 0.067x | -66.14% |
| 2019-03-31 | $61.12 Million | $12.07 Million | 0.197x | +182.06% |
| 2018-03-31 | $124.90 Million | $8.74 Million | 0.070x | +487.74% |
| 2017-03-31 | $122.81 Million | $1.46 Million | 0.012x | -99.58% |
| 2016-03-31 | $3.42 Million | $9.65 Million | 2.825x | +1616.46% |
| 2015-03-31 | $137.08 Million | $22.56 Million | 0.165x | +78.84% |
| 2014-03-31 | $225.49 Million | $20.75 Million | 0.092x | -48.43% |
| 2013-03-31 | $188.53 Million | $33.65 Million | 0.178x | +52.97% |
| 2012-03-31 | $134.61 Million | $15.70 Million | 0.117x | -- |
| 2011-03-31 | $98.07 Million | $0.00 | 0.000x | -- |
| 2010-03-31 | $17.10 Million | $182.19K | 0.011x | -96.59% |
| 2009-03-31 | $9.38 Million | $2.93 Million | 0.312x | -- |