TAG Oil Ltd. (TAO) - Total Assets
Based on the latest financial reports, TAG Oil Ltd. (TAO) holds total assets worth CA$47.47 Million CAD (≈ $34.34 Million USD) as of September 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. See TAO net assets for net asset value and shareholders' equity analysis.
TAG Oil Ltd. - Total Assets Trend (2017–2025)
This chart illustrates how TAG Oil Ltd.'s total assets have evolved over time, based on quarterly financial data.
TAG Oil Ltd. - Asset Composition Analysis
Current Asset Composition (March 2025)
TAG Oil Ltd.'s total assets of CA$47.47 Million consist of 17.3% current assets and 82.7% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 11.9% |
| Accounts Receivable | CA$958.00K | 1.7% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2017–2025)
This chart illustrates how TAG Oil Ltd.'s asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see TAO stock market capitalisation.
Key Asset Composition Facts
- Current vs. Non-Current Assets: TAG Oil Ltd.'s current assets represent 17.3% of total assets in 2025, a decrease from 22.5% in 2017.
- Cash Position: Cash and equivalents constituted 11.9% of total assets in 2025, down from 14.8% in 2017.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2017.
- Asset Diversification: The largest asset category is accounts receivable at 1.7% of total assets.
TAG Oil Ltd. Competitors by Total Assets
Key competitors of TAG Oil Ltd. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Santos Ltd
AU:STO
|
Australia | AU$29.88 Billion |
|
Ovintiv Inc
NYSE:OVV
|
USA | $19.39 Billion |
|
APA Corporation
NASDAQ:APA
|
USA | $17.70 Billion |
|
PrairieSky Royalty Ltd
TO:PSK
|
Canada | CA$3.15 Billion |
|
Strathcona Resources Ltd.
TO:SCR
|
Canada | CA$11.05 Billion |
|
Comstock Resources Inc
NYSE:CRK
|
USA | $7.01 Billion |
|
Tamarack Valley Energy Ltd
TO:TVE
|
Canada | CA$3.47 Billion |
|
Vermilion Energy Inc.
TO:VET
|
Canada | CA$5.95 Billion |
TAG Oil Ltd. - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.24 | 1.43 | 42.09 |
| Quick Ratio | 3.24 | 1.43 | 42.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$3.53 Million | CA$2.29 Million | CA$18.75 Million |
TAG Oil Ltd. - Advanced Valuation Insights
This section examines the relationship between TAG Oil Ltd.'s asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.50 |
| Latest Market Cap to Assets Ratio | 0.27 |
| Asset Growth Rate (YoY) | 34.2% |
| Total Assets | CA$55.09 Million |
| Market Capitalization | $14.74 Million USD |
Valuation Analysis
Below Book Valuation: The market values TAG Oil Ltd.'s assets below their book value (0.27x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: TAG Oil Ltd.'s assets grew by 34.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for TAG Oil Ltd. (2017–2025)
The table below shows the annual total assets of TAG Oil Ltd. from 2017 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | CA$55.09 Million ≈ $39.85 Million |
+34.17% |
| 2023-03-31 | CA$41.06 Million ≈ $29.70 Million |
+125.54% |
| 2022-03-31 | CA$18.20 Million ≈ $13.17 Million |
-11.20% |
| 2021-03-31 | CA$20.50 Million ≈ $14.83 Million |
-64.19% |
| 2020-03-31 | CA$57.26 Million ≈ $41.42 Million |
-30.32% |
| 2019-03-31 | CA$82.17 Million ≈ $59.44 Million |
-43.05% |
| 2018-03-31 | CA$144.28 Million ≈ $104.37 Million |
-1.08% |
| 2017-03-31 | CA$145.86 Million ≈ $105.52 Million |
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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.