TAG Oil Ltd. (TAO) - Cash Flow Conversion Efficiency
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. See how leveraged is TAG Oil Ltd.'s balance sheet to measure how much of total assets are equity-financed.
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. Check TAO cash flow quality score to evaluate the quality of earnings relative to operating cash generation.
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 |
|---|---|
|
Citigold Corporation Limited
F:CHP
|
-0.005x |
|
Philippos Nakas S.A
AT:NAKAS
|
0.086x |
|
Israel Acquisitions Corp Class A
NASDAQ:ISRL
|
0.019x |
|
Flexion Mobile PLC
ST:FLEXM
|
0.022x |
|
Jervois Global Ltd
AU:JRV
|
-0.038x |
|
G11 Resources Ltd
AU:G11
|
-0.022x |
|
Amanet Management & Systems Ltd
TA:AMAN
|
0.066x |
|
Advance Metals Ltd
AU:AVM
|
-0.047x |
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 TAO stock 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.
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. TAG Oil Ltd. was incorporated in 1990 and is headquartered in Vancouver, Canada.