TAG Oil Ltd. (TAO) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.021x

Based on the latest financial reports, TAG Oil Ltd. (TAO) has a cash flow conversion efficiency ratio of -0.021x as of September 2025. 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 (CA$-954.00K ≈ $-690.11K USD) by net assets (CA$45.04 Million ≈ $32.58 Million USD). 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 (2017–2025)

This chart illustrates how TAG Oil Ltd.'s cash flow conversion efficiency has evolved over time, based on yearly financial data. Read TAG Oil Ltd. (TAO) total liabilities for a breakdown of total debt and financial obligations.

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
Bergen Carbon Solutions A/S OL:BCS	-0.041x
Texmo Pipes and Products Limited NSE:TEXMOPIPES	-0.079x
L&P Global Berhad KLSE:0268	0.032x
Eurobattery Minerals AB F:EBM	-0.070x
Nextplat Corp NASDAQ:NXPL	-0.127x
BIGG Digital Assets Inc F:7111	-0.438x
Audalia Resources Ltd AU:ACP	-0.027x
Banco Santander Río S.A BA:BRIO6	-0.322x

Annual Cash Flow Conversion Efficiency for TAG Oil Ltd. (2017–2025)

The table below shows the annual cash flow conversion efficiency of TAG Oil Ltd. from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see TAG Oil Ltd. market capitalisation.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	CA$49.35 Million ≈ $35.70 Million	CA$-5.98 Million ≈ $-4.33 Million	-0.121x	+13.42%
2023-03-31	CA$39.01 Million ≈ $28.22 Million	CA$-5.46 Million ≈ $-3.95 Million	-0.140x	+40.95%
2022-03-31	CA$17.23 Million ≈ $12.46 Million	CA$-4.08 Million ≈ $-2.95 Million	-0.237x	-21.01%
2021-03-31	CA$20.00 Million ≈ $14.46 Million	CA$-3.92 Million ≈ $-2.83 Million	-0.196x	-393.11%
2020-03-31	CA$56.31 Million ≈ $40.73 Million	CA$3.76 Million ≈ $2.72 Million	0.067x	-66.14%
2019-03-31	CA$61.12 Million ≈ $44.21 Million	CA$12.07 Million ≈ $8.73 Million	0.197x	+182.06%
2018-03-31	CA$124.90 Million ≈ $90.35 Million	CA$8.74 Million ≈ $6.32 Million	0.070x	+487.74%
2017-03-31	CA$122.81 Million ≈ $88.84 Million	CA$1.46 Million ≈ $1.06 Million	0.012x	--

About TAG Oil Ltd.

V:TAO Canada Oil & Gas E&P

Market Cap

$14.74 Million

CA$20.38 Million CAD

Market Cap Rank

#25895 Global

#1053 in Canada

Share Price

CA$0.09

Change (1 day)

+0.00%

52-Week Range

CA$0.08 - CA$0.17

All Time High

CA$0.76