TAG Oil - Stock

TAG Oil ROA 2024

TAG Oil ROA

-0.07

TAG Oil Dividend yield

68.18 %

Ticker

TAO.V

ISIN

CA87377N2005

WKN

A0RF4G

In 2024, TAG Oil's return on assets (ROA) was -0.07, a -56.77% increase from the -0.17 ROA in the previous year.

TAG Oil Aktienanalyse

What does TAG Oil do?

TAG Oil Ltd is a New Zealand-based company specializing in the exploration and production of oil and gas. The company was founded in 2005 and has since developed a diverse portfolio of oil and gas activities. The business model of TAG Oil is focused on successfully investing in undervalued oil and gas resources and making them profitable through efficient exploration and production. The company focuses on developing oil and gas reserves in New Zealand and Canada and has secured significant reserves in both countries. In New Zealand, TAG Oil operates several key oil and gas fields, such as the Taranaki Basin, which is one of the country's most productive oil fields. In Canada, the company operates in the Saskatchewan region, where it exploits huge amounts of natural gas reserves. TAG Oil works closely with local communities and governments to ensure that all activities are conducted sustainably and environmentally friendly. The company has implemented strict environmental regulations and utilizes state-of-the-art technologies to minimize the impact of its production on the environment. In addition to oil, gas, and renewable energy production, TAG Oil is also involved in the exploration of alternative energies. The company has a subsidiary called Taranaki Energy Limited, which specializes in the development of geothermal and wind energy projects in the Taranaki region of New Zealand. Thus, TAG Oil has become an important provider of renewable energy in New Zealand. Apart from its activities in the oil, gas, and renewable energy industries, TAG Oil also offers various products and services to its customers. These include specialized lubricants and chemicals that can be used in the exploration and production of oil and gas. The company works closely with its customers to find solutions that meet their specific requirements. Overall, TAG Oil is a company that has a long and successful history in the oil and gas industry. The company has developed into a significant player in the global energy market in recent years and is committed to finding increasingly innovative solutions to meet the world's energy needs. TAG Oil ist eines der beliebtesten Unternehmen auf Eulerpool.com.

ROA Details

Understanding TAG Oil's Return on Assets (ROA)

TAG Oil's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.

Year-to-Year Comparison

Comparing TAG Oil's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.

Impact on Investments

Investors consider TAG Oil's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.

Interpreting ROA Fluctuations

Variations in TAG Oil’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.

Frequently Asked Questions about TAG Oil Stock

What is the Return on Assets (ROA) of TAG Oil this year?

The Return on Assets (ROA) of TAG Oil is -0.07 undefined this year.

What was the ROA of TAG Oil compared to the previous year?

The ROA of TAG Oil has increased by -56.77% compared to the previous year.

What consequences do high ROA have for investors of TAG Oil?

A high ROA is advantageous for investors of TAG Oil, as it indicates that the company efficiently utilizes its assets and generates good profits.

What are the consequences of low ROA for investors in TAG Oil?

A low ROA can be unfavorable for investors of TAG Oil as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.

How does an increase in the ROA of TAG Oil affect the company?

An increase in ROA of TAG Oil can be an indicator of improved efficiency in asset utilization and higher profitability.

How does a reduction in ROA of TAG Oil impact the company?

A reduction in the ROA of TAG Oil can be an indicator of lower asset efficiency and profitability.

What are some factors that can influence the ROA of TAG Oil?

Some factors that can influence the ROA of TAG Oil include revenue, operating costs, asset structure, and industry average.

Why is the ROA of TAG Oil important for investors?

The ROA of TAG Oil is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.

What strategic measures can TAG Oil take to improve ROA?

To improve ROA, TAG Oil can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.

How much dividend does TAG Oil pay?

Over the past 12 months, TAG Oil paid a dividend of 0.3 CAD . This corresponds to a dividend yield of about 68.18 %. For the coming 12 months, TAG Oil is expected to pay a dividend of 0 CAD.

What is the dividend yield of TAG Oil?

The current dividend yield of TAG Oil is 68.18 %.

When does TAG Oil pay dividends?

TAG Oil pays a quarterly dividend. This is distributed in the months of .

How secure is the dividend of TAG Oil?

TAG Oil paid dividends every year for the past 2 years.

What is the dividend of TAG Oil?

For the upcoming 12 months, dividends amounting to 0 CAD are expected. This corresponds to a dividend yield of 0 %.

In which sector is TAG Oil located?

TAG Oil is assigned to the 'Energy' sector.

Wann musste ich die Aktien von TAG Oil kaufen, um die vorherige Dividende zu erhalten?

To receive the latest dividend of TAG Oil from 4/14/2020 amounting to 0.3 CAD, you needed to have the stock in your portfolio before the ex-date on 4/15/2020.

When did TAG Oil pay the last dividend?

The last dividend was paid out on 4/14/2020.

What was the dividend of TAG Oil in the year 2023?

In the year 2023, TAG Oil distributed 0 CAD as dividends.

In which currency does TAG Oil pay out the dividend?

The dividends of TAG Oil are distributed in CAD.

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Andere Kennzahlen von TAG Oil

Our stock analysis for TAG Oil Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of TAG Oil Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.