TAOIF
Price:
$0.06
Market Cap:
$18.12M
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.
Industry
Oil & Gas Exploration & Production
IPO Date
2010-01-21
Stock Exchange
OTC
Ticker
TAOIF
According to TAG Oil Ltd.’s latest financial reports and current stock price. The company's current Current Ratio is 3.75. This represents a change of 51.79% compared to the average of 2.47 of the last 4 quarters.
The mean historical Current Ratio of TAG Oil Ltd. over the last ten years is 15.65. The current 3.75 Current Ratio has changed 2.30% with respect to the historical average. Over the past ten years (40 quarters), TAOIF's Current Ratio was at its highest in in the December 2019 quarter at 81.24. The Current Ratio was at its lowest in in the March 2019 quarter at 1.01.
Average
15.65
Median
5.83
Minimum
1.01
Maximum
57.21
Discovering the peaks and valleys of TAG Oil Ltd. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.
Maximum Annual Increase = 5.57%
Maximum Annual Current Ratio = 57.21
Minimum Annual Increase = -79.86%
Minimum Annual Current Ratio = 1.01
| Year | Current Ratio | Change |
|---|---|---|
| 2024 | 2.08 | -22.70% |
| 2023 | 2.69 | -79.86% |
| 2023 | 13.38 | -55.82% |
| 2022 | 30.28 | -17.13% |
| 2021 | 36.54 | -36.12% |
| 2020 | 57.21 | 5.57% |
| 2019 | 1.01 | -39.98% |
| 2018 | 1.68 | -64.47% |
| 2017 | 4.73 | -31.75% |
| 2016 | 6.93 | 93.87% |
The current Current Ratio of TAG Oil Ltd. (TAOIF) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages
3-year avg
6.05
5-year avg
17.00
10-year avg
15.65
TAG Oil Ltd.’s Current Ratio is greater than Avanti Helium Corp. (0.24), less than FAR Limited (4.97), greater than Chariot Limited (1.70), greater than Sonoro Energy Ltd. (0.84), greater than Laredo Oil, Inc. (0.03), greater than ReGen III Corp. (0.05), greater than Spindletop Oil & Gas Co. (0.96), greater than Prospera Energy Inc. (0.25), greater than ADX Energy Ltd (1.78), greater than Star Energy Group PLC (0.69),
| Company | Current Ratio | Market cap |
|---|---|---|
| 0.24 | $13.90M | |
| 4.97 | $21.81M | |
| 1.70 | $31.55M | |
| 0.84 | $8.90M | |
| 0.03 | $67.13M | |
| 0.05 | $16.68M | |
| 0.96 | $25.73M | |
| 0.25 | $14.62M | |
| 1.78 | $5.86M | |
| 0.69 | $14.40M |
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What is the Current Ratio?
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What is TAG Oil Ltd.'s Current Ratio?
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What is the highest Current Ratio for TAG Oil Ltd. (TAOIF)?
What is the 3-year average Current Ratio for TAG Oil Ltd. (TAOIF)?
What is the 5-year average Current Ratio for TAG Oil Ltd. (TAOIF)?
How does the current Current Ratio for TAG Oil Ltd. (TAOIF) compare to its historical average?