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TAOIF (TAG Oil) Net Margin % : -554.70% (As of Sep. 2024)


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What is TAG Oil Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. TAG Oil's Net Income for the three months ended in Sep. 2024 was $-1.65 Mil. TAG Oil's Revenue for the three months ended in Sep. 2024 was $0.30 Mil. Therefore, TAG Oil's net margin for the quarter that ended in Sep. 2024 was -554.70%.

The historical rank and industry rank for TAG Oil's Net Margin % or its related term are showing as below:

TAOIF' s Net Margin % Range Over the Past 10 Years
Min: -2040.71   Med: 13.38   Max: 113.43
Current: -2040.71


TAOIF's Net Margin % is ranked worse than
96.52% of 948 companies
in the Oil & Gas industry
Industry Median: 3.7 vs TAOIF: -2040.71

TAG Oil Net Margin % Historical Data

The historical data trend for TAG Oil's Net Margin % 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 Net Margin % Chart

TAG Oil Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -181.37 48.23 - - -

TAG Oil Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -484.02 -19,330.77 - - -554.70

Competitive Comparison of TAG Oil's Net Margin %

For the Oil & Gas E&P subindustry, TAG Oil's Net Margin %, along with its competitors' market caps and Net Margin % 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 Net Margin % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TAG Oil's Net Margin % distribution charts can be found below:

* The bar in red indicates where TAG Oil's Net Margin % falls into.



TAG Oil Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

TAG Oil's Net Margin for the fiscal year that ended in Mar. 2023 is calculated as

Net Margin=Net Income (A: Mar. 2023 )/Revenue (A: Mar. 2023 )
=-2.195/0
= %

TAG Oil's Net Margin for the quarter that ended in Sep. 2024 is calculated as

Net Margin=Net Income (Q: Sep. 2024 )/Revenue (Q: Sep. 2024 )
=-1.653/0.298
=-554.70 %

* 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.


TAG Oil  (OTCPK:TAOIF) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


TAG Oil Net Margin % Related Terms

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TAG Oil Business Description

Traded in Other Exchanges
Address
1710 - 1050 West Pender Street, Suite 2040, Vancouver, BC, CAN, V6E 3S7
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.

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