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TAG Oil (TAG Oil) Gross-Profit-to-Asset % : -3.81% (As of Dec. 2023)


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What is TAG Oil Gross-Profit-to-Asset %?

Gross-Profit-to-Asset % is calculated as Gross Profit divided by its average Total Assets over a certain period of time. TAG Oil's annualized Gross Profit for the quarter that ended in Dec. 2023 was $-1.52 Mil. TAG Oil's average Total Assets over the quarter that ended in Dec. 2023 was $39.81 Mil. Therefore, TAG Oil's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 was -3.81%.


TAG Oil Gross-Profit-to-Asset % Historical Data

The historical data trend for TAG Oil's Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Chart

TAG Oil Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Gross-Profit-to-Asset %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.89 10.84 -0.65 -0.63 -0.54

TAG Oil Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross-Profit-to-Asset % 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 -0.55 -0.42 2.64 -5.76 -3.81

Competitive Comparison of TAG Oil's Gross-Profit-to-Asset %

For the Oil & Gas E&P subindustry, TAG Oil's Gross-Profit-to-Asset %, along with its competitors' market caps and Gross-Profit-to-Asset % 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 Gross-Profit-to-Asset % Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, TAG Oil's Gross-Profit-to-Asset % distribution charts can be found below:

* The bar in red indicates where TAG Oil's Gross-Profit-to-Asset % falls into.



TAG Oil Gross-Profit-to-Asset % Calculation

TAG Oil's annualized Gross-Profit-to-Asset % for the fiscal year that ended in Mar. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (A: Mar. 2023 )/( (Total Assets (A: Mar. 2022 )+Total Assets (A: Mar. 2023 ))/ count )
=-0.12/( (14.379+30.006)/ 2 )
=-0.12/22.1925
=-0.54 %

TAG Oil's annualized Gross-Profit-to-Asset % for the quarter that ended in Dec. 2023 is calculated as:

Gross-Profit-to-Asset %=Gross Profit (Q: Dec. 2023 )/( (Total Assets (Q: Sep. 2023 )+Total Assets (Q: Dec. 2023 ))/ count )
=-1.516/( (39.443+40.183)/ 2 )
=-1.516/39.813
=-3.81 %

* 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.

In the calculation of annual Gross-Profit-to-Asset %, the Gross Profit of the last fiscal year and the average total assets over the fiscal year are used. In calculating the quarterly data, the Gross Profit data used here is four times the quarterly (Dec. 2023) data. Gross-Profit-to-Asset % is displayed in the 30-year financial page.


TAG Oil Gross-Profit-to-Asset % Related Terms

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TAG Oil (TAG Oil) Business Description

Industry
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.

TAG Oil (TAG Oil) Headlines

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