TAG Historical Income Statement
| TAO Stock | CAD 0.17 0.01 6.25% |
Historical analysis of TAG Oil income statement accounts such as Total Revenue of 0.0, Other Operating Expenses of 597.3 K, Cost Of Revenue of 140.2 K or Total Operating Expenses of 5.7 M can show how well TAG Oil performed in making a profits. Evaluating TAG Oil income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of TAG Oil's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining TAG Oil latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether TAG Oil is a good buy for the upcoming year.
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About TAG Income Statement Analysis
TAG Oil Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to TAG Oil shareholders. The income statement also shows TAG investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
TAG Oil Income Statement Chart
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Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of TAG Oil. It is also known as TAG Oil overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Cost Of Revenue
Cost of Revenue is found on TAG Oil income statement and represents the costs associated with goods and services TAG Oil provides. Indirect cost, such as salaries, is not included. In other words, cost of revenue is the total cost incurred to obtain a sale. It is more than the traditional cost of goods sold, since it includes specific selling and marketing activities.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Net Income Applicable To Common Shares
The net income that remains after preferred dividends have been deducted, available to common shareholders.Most accounts from TAG Oil's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into TAG Oil current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out World Market Map to better understand how to build diversified portfolios, which includes a position in TAG Oil. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors. At this time, TAG Oil's Net Interest Income is fairly stable compared to the past year. Other Operating Expenses is likely to climb to about 597.3 K in 2024, whereas Selling General Administrative is likely to drop slightly above 4.5 M in 2024.
| 2021 | 2022 | 2023 | 2024 (projected) | Total Operating Expenses | 4.2M | 6.7M | 6.0M | 5.7M | Cost Of Revenue | 122K | 164K | 147.6K | 140.2K |
TAG Oil income statement Correlations
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TAG Oil income statement Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Net Interest Income | 522.3K | (2.7M) | 1.4M | 571K | 656.7K | 689.5K | |
| Interest Income | 607.8K | 227K | 1.4M | 571K | 656.7K | 633.5K | |
| Selling General Administrative | 6.2M | 3.5M | 3.2M | 6.3M | 5.6M | 4.5M | |
| Gross Profit | 7.8M | (235K) | (122K) | (164K) | (147.6K) | (140.2K) | |
| Operating Income | 1.6M | (3.8M) | (4.2M) | (6.7M) | (6.0M) | (5.7M) | |
| Net Income From Continuing Ops | 7.9M | (12.0M) | (3.1M) | (3.0M) | (2.7M) | (2.8M) | |
| Ebit | 3.1M | 1.5M | (4.0M) | (4.2M) | (3.8M) | (3.6M) | |
| Cost Of Revenue | 8.7M | 235K | 122K | 164K | 147.6K | 140.2K | |
| Total Operating Expenses | 14.9M | 3.8M | 4.2M | 6.7M | 6.0M | 5.7M | |
| Income Before Tax | 7.9M | (12.0M) | (3.1M) | (3.0M) | (2.7M) | (2.8M) | |
| Total Other Income Expense Net | 5.8M | (5.4M) | (243K) | 3.1M | 2.8M | 2.9M | |
| Net Income Applicable To Common Shares | (60.3M) | 7.9M | (12.0M) | (3.1M) | (2.8M) | (2.9M) | |
| Net Income | 7.9M | (12.0M) | (3.1M) | (3.0M) | (2.7M) | (2.8M) | |
| Ebitda | 8.4M | (8.9M) | (4.1M) | (6.5M) | (7.5M) | (7.9M) | |
| Reconciled Depreciation | 345.4K | 137K | 122K | 164K | 147.6K | 140.2K |
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Additional Tools for TAG Stock Analysis
When running TAG Oil's price analysis, check to measure TAG Oil's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy TAG Oil is operating at the current time. Most of TAG Oil's value examination focuses on studying past and present price action to predict the probability of TAG Oil's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move TAG Oil's price. Additionally, you may evaluate how the addition of TAG Oil to your portfolios can decrease your overall portfolio volatility.