TAG Financial Statements From 2010 to 2025
| TAOIF Stock | USD 0.06 0.01 14.29% |
Check TAG Oil financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among TAG Oil's main balance sheet or income statement drivers, such as , as well as many indicators such as . TAG financial statements analysis is a perfect complement when working with TAG Oil Valuation or Volatility modules.
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TAG Oil OTC Stock Return On Equity Analysis
TAG Oil's Return on Equity or ROE tells company stockholders how effectually their money is being utilized or reinvested. It is a useful ratio when analyzing company profitability or the management effectiveness given the capital invested by the shareholders. ROE shows how efficiently a company utilizes investments to generate income.
Current TAG Oil Return On Equity | -0.0404 |
Most of TAG Oil's fundamental indicators, such as Return On Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, TAG Oil is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
For most industries, Return on Equity between 10% and 30% are considered desirable to provide dividends to owners and have funds for the future growth of the company. Investors should be very careful using ROE as the only efficiency indicator because ROE can be high if a company is heavily leveraged.
| Competition |
Based on the latest financial disclosure, TAG Oil has a Return On Equity of -0.0404. This is 97.96% lower than that of the Oil, Gas & Consumable Fuels sector and 102.27% lower than that of the Energy industry. The return on equity for all United States stocks is 86.97% lower than that of the firm.
TAG Oil Fundamental Drivers Relationships
Comparative valuation techniques use various fundamental indicators to help in determining TAG Oil's current stock value. Our valuation model uses many indicators to compare TAG Oil value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across TAG Oil competition to find correlations between indicators driving TAG Oil's intrinsic value. More Info.TAG Oil is currently regarded as top stock in return on equity category among its peers. It is rated fifth in return on asset category among its peers . The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the TAG Oil's earnings, one of the primary drivers of an investment's value.About TAG Oil Financial Statements
TAG Oil stakeholders use historical fundamental indicators, such as TAG Oil's revenue or net income, to determine how well the company is positioned to perform in the future. Although TAG Oil investors may analyze each financial statement separately, they are all interrelated. For example, changes in TAG Oil's assets and liabilities are reflected in the revenues and expenses on TAG Oil's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in TAG Oil. Please read more on our technical analysis and fundamental analysis pages.
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 incorporated in 1990 and is headquartered in Vancouver, Canada. Tag Oil operates under Oil Gas EP classification in the United States and is traded on OTC Exchange. It employs 8 people.
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Other Information on Investing in TAG OTC Stock
TAG Oil financial ratios help investors to determine whether TAG OTC Stock is cheap or expensive when compared to a particular measure, such as profits or enterprise value. In other words, they help investors to determine the cost of investment in TAG with respect to the benefits of owning TAG Oil security.