TAG Oil (TAG Oil) Debt-to-Revenue : 0.43 (As of Sep. 2023)

View and export this data going back to . Start your Free Trial

What is TAG Oil Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

TAG Oil's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.15 Mil. TAG Oil's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.19 Mil. TAG Oil's annualized Revenue for the quarter that ended in Sep. 2023 was $0.78 Mil. TAG Oil's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 was 0.43.

TAG Oil Debt-to-Revenue Historical Data

The historical data trend for TAG Oil's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

TAG Oil Debt-to-Revenue Chart

TAG Oil Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Debt-to-Revenue

Get a 7-Day Free Trial

0.04

0.01

N/A

TAG Oil Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Debt-to-Revenue	Get a 7-Day Free Trial															N/A	N/A	N/A	0.34	0.43

Competitive Comparison of TAG Oil's Debt-to-Revenue

For the Oil & Gas E&P subindustry, TAG Oil's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

TAG Oil's Debt-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TAG Oil's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where TAG Oil's Debt-to-Revenue falls into.

TAG Oil Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

TAG Oil's Debt-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0.113	+	0.222)	/	N/A
	=	N/A

TAG Oil's annualized Debt-to-Revenue for the quarter that ended in Sep. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0.152	+	0.185)	/	0.776
	=	0.43

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Sep. 2023) Revenue data.

TAG Oil Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of TAG Oil's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

TAG Oil (TAG Oil) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TAG Oil Ltd (OTCPK:TAOIF) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

T0P:Germany TAO:Canada

Address

1710 - 1050 West Pender Street, Suite 2040, Vancouver, BC, CAN, V6E 3S7

Website

https://www.tagoil.com

TAG Oil Ltd is a Canada-based oil and gas exploration, development, and production company. It operates through three geographical segments namely Canada, New Zealand, and Australia. Geographically, the firm generates a majority of its revenue from New Zealand.