TAG Oil Shares Outstanding vs. Short Ratio
| TAO Stock | CAD 0.16 0.01 5.88% |
For TAG Oil profitability analysis, we use financial ratios and fundamental drivers that measure the ability of TAG Oil to generate income relative to revenue, assets, operating costs, and current equity. These fundamental indicators attest to how well TAG Oil utilizes its assets to generate profit and value for its shareholders. The profitability module also shows relationships between TAG Oil's most relevant fundamental drivers. It provides multiple suggestions of what could affect the performance of TAG Oil over time as well as its relative position and ranking within its peers.
TAG |
TAG Oil Short Ratio vs. Shares Outstanding Fundamental Analysis
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. TAG Oil is rated second in shares outstanding category among its peers. It also is rated second in short ratio category among its peers . The ratio of Shares Outstanding to Short Ratio for TAG Oil is about 342,811,111 . 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.TAG Short Ratio vs. Shares Outstanding
Outstanding Shares are shares of common stock of a public company that were purchased by investors after they were authorized and issued by the company to the public. Outstanding Shares are typically reported on fully diluted basis, including exotic instruments such as options, or convertibles bonds.
TAG Oil |
| = | 185.12 M |
Outstanding shares that are stated on company Balance Sheet are used when calculating many important valuation and performance indicators including Return on Equity, Market Cap, EPS and many others.
Short Ratio is typically used by traders and speculators to identify trends in current market sentiment for a particular equity instrument. In its simple terms this ratio shows how many days it will take all current short sellers to cover their positions if the price of a stock begins to rise.
TAG Oil |
| = | 0.54 X |
The higher the Short Ratio, the longer it would take to buy back the borrowed shares. In theory, the more short positions are currently outstanding, the faster it will be to cover shorted positions.
TAG Short Ratio Comparison
TAG Oil is currently under evaluation in short ratio category among its peers.
TAG Oil Profitability Projections
The most important aspect of a successful company is its ability to generate a profit. For investors in TAG Oil, profitability is also one of the essential criteria for including it into their portfolios because, without profit, TAG Oil will eventually generate negative long term returns. The profitability progress is the general direction of TAG Oil's change in net profit over the period of time. It can combine multiple indicators of TAG Oil, where stable trends show no significant progress. An accelerating trend is seen as positive, while a decreasing one is unfavorable. A rising trend means that profits are rising, and operational efficiency may be rising as well. A decreasing trend is a sign of poor performance and may indicate upcoming losses.
| Last Reported | Projected for Next Year | ||
| Net Interest Income | 656.6 K | 689.5 K | |
| Interest Income | 656.6 K | 633.5 K | |
| Operating Income | -6 M | -5.7 M | |
| Net Loss | -2.7 M | -2.8 M | |
| Income Before Tax | -2.7 M | -2.8 M | |
| Total Other Income Expense Net | 2.8 M | 2.9 M | |
| Net Loss | -2.8 M | -2.9 M | |
| Net Loss | -2.7 M | -2.8 M | |
| Income Tax Expense | -1.1 K | -1.2 K | |
| Change To Netincome | -1 M | -967 K | |
| Net Loss | (0.05) | (0.05) | |
| Income Quality | 0.48 | 0.79 | |
| Net Income Per E B T | 1.31 | 0.78 |
TAG Profitability Driver Comparison
Profitability drivers are factors that can directly affect your investment outlook on TAG Oil. Investors often realize that things won't turn out the way they predict. There are maybe way too many unforeseen events and contingencies during the holding period of TAG Oil position where the market behavior may be hard to predict, tax policy changes, gold or oil price hikes, calamities change, and many others. The question is, are you prepared for these unexpected events? Although some of these situations are obviously beyond your control, you can still follow the important profit indicators to know where you should focus on when things like this occur. Below are some of the TAG Oil's important profitability drivers and their relationship over time.
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Companies that are involved in development or distribution of technologically based goods and services such as software, IT or electronics. The Technology theme has 30 constituents at this time.
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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.