TAG OilFRA:T0P Quick Ratio is 11.27 as of Mar. 2026, which is 163% above its 10-year median of 4.28. The stock has 1 warning sign investors should review. Among 1,016 Oil & Gas companies, TAG Oil ranks better than 94.78% on this metric.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as a company's Total Current Assets excludes Total Inventories divides by its Total Current Liabilities. TAG Oil's quick ratio for the quarter that ended in Mar. 2026 was 11.27.
TAG Oil has a quick ratio of 11.27. It generally indicates good short-term financial strength.
The historical rank and industry rank for TAG Oil's Quick Ratio or its related term are showing as below:
FRA:T0P'
s Quick Ratio Range Over the Past 10 Years
Min: 0.87 Med: 4.28 Max: 81.11
Current: 11.27
During the past 13 years, TAG Oil's highest Quick Ratio was 81.11. The lowest was 0.87. And the median was 4.28.
FRA:T0P's Quick Ratio is ranked better than 94.78% of 1016
companies
in the Oil & Gas industry
Industry Median: 1.12
vs FRA:T0P: 11.27
TAG Oil (FRA:T0P) Quick Ratio Explanation
The quick ratio is more conservative than the Current Ratio because it excludes inventories from current assets. The ratio derives its name presumably from the fact that assets such as cash and marketable securities are quick sources of cash. Inventories generally take time to be converted into cash, and if they have to be sold quickly, the company may have to accept a lower price than book value of these inventories. As a result, they are justifiably excluded from assets that are ready sources of immediate cash.
In general, low or decreasing quick ratios generally suggest that a company is over-leveraged, struggling to maintain or grow sales, paying bills too quickly or collecting receivables too slowly. On the other hand, a high or increasing quick ratio generally indicates that a company is experiencing solid top-line growth, quickly converting receivables into cash, and easily able to cover its financial obligations. Such companies often have faster inventory turnover and cash conversion cycles.
The higher the quick ratio, the better the company's liquidity position.
TAG Oil Quick Ratio Related Terms
TAG Oil Quick Ratio Historical Data
* Premium members only.
The historical data trend for TAG Oil's Quick Ratio 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.
For the Oil & Gas E&P subindustry, TAG Oil's Quick Ratio, along with its competitors' market caps and Quick Ratio 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 Quick Ratio vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TAG Oil's Quick Ratio distribution charts can be found below:
* The bar in red indicates where TAG Oil's Quick Ratio falls into.
The quick ratio measures a company's ability to meet its short-term obligations with its most liquid assets. For this reason, the ratio excludes inventories from current assets.
TAG Oil's Quick Ratio for the fiscal year that ended in Dec. 2025 is calculated as
* 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 (FRA:T0P) has a Quick Ratio of 11.27 as of Mar. 2026. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TAG Oil and its competitors. This is 163% above median its historical median of 4.28. Over the past decade, TAG Oil's Quick Ratio has ranged from 0.87 to 81.11. According to the industry distribution chart, TAG Oil ranks #53 out of 1016 companies in the Oil & Gas industry, placing it in the top 5.2%.
Is TAG Oil's Quick Ratio too high?
TAG Oil's current Quick Ratio of 11.27 is 163% above median its 10-year median of 4.28. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 81.11. The Oil & Gas industry median Quick Ratio is 1.12. TAG Oil's value of 11.27 is 906.3% above this industry median. Based on the distribution chart, TAG Oil ranks #53 out of 1016 companies in the Oil & Gas industry, which is in the top quartile — a strong position relative to peers.
How does TAG Oil's Quick Ratio compare to COP and EOG?
According to the Oil & Gas industry distribution chart, TAG Oil ranks #53 out of 1016 companies for Quick Ratio. This places TAG Oil in the top 5% of its industry — outperforming the majority of peers. The industry median Quick Ratio is 1.12. TAG Oil's value of 11.27 is 906.3% above this benchmark. Historically, TAG Oil's own Quick Ratio has ranged from 0.87 to 81.11 over the past decade. While the company's 10-year median is 4.28 vs. the industry median of 1.12, TAG Oil has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Quick Ratio for an Oil & Gas company?
The median Quick Ratio among Oil & Gas companies is 1.12, based on 1,016 companies in the industry. Companies in the top quartile (top 25%) have a Quick Ratio significantly above this median, while those in the bottom quartile fall well below. However, Quick Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. TAG Oil's current Quick Ratio of 11.27 is 906.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Quick Ratio mean?
A high Quick Ratio can signal that a stock is expensive relative to its fundamentals. Quick ratio is the ratio of current assets less inventory to current liabilities. View historical data on TAG Oil and its competitors. For the Oil & Gas industry, the median Quick Ratio is 1.12 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TAG Oil's current Quick Ratio is 11.27, which is 163% above median its own 10-year median of 4.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TAG Oil stock overvalued right now?
Based on GuruFocus' analysis, TAG Oil (FRA:T0P) is currently considered Possible Value Trap. The stock's GF Value™ is €0.19, compared to a current price of €0.03 — trading 84.2% below its estimated fair value. The current Quick Ratio is 11.27, which is 163% above median its 10-year median of 4.28 and 906.3% above the Oil & Gas industry median of 1.12. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Quick Ratio calculated?
Quick Ratio is calculated from a company's financial statements. For TAG Oil (FRA:T0P), the current Quick Ratio is 11.27 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
TAG Oil Ltd is focused on oil and gas exploration and development opportunities in the Middle East and North Africa. The company is developing the unconventional heavy oil Abu Roash F (ARF) formation in the Badr oil field (BED-1) and Southeast Ras Qattara (SERQ) concessions.
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