TAG Oil Ltd.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has TAG Oil Ltd.'s balance sheet done over the years? Its assets were worth $53,910,000 last year, which is more than in the previous period. 14% of TAG Oil Ltd.’s total assets is currently financed by debt. Its liabilities reached the amount of $7,426,000, which means an increase by 659% compared compared to last year.
Debt to Assets
| 2015 | 196885634 | 22.96M | 11.66% |
|---|---|---|---|
| 2016 | 95967162 | 15.95M | 16.63% |
| 2018 | 144283364 | 19.38M | 13.44% |
| 2019 | 82165801 | 21.04M | 25.61% |
| 2020 | 57255070 | 948.99K | 1.66% |
| 2021 | 20501000 | 505K | 2.46% |
| 2022 | 18204000 | 979K | 5.38% |
| 2023 | 53910000 | 7.42M | 13.77% |
TAO.V Balance Sheet (2014 – 2023)
| 2023 | 2021 | 2020 | 2019 | 2018 | 2017 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|
Assets | ||||||||
Current assets: | ||||||||
Cash and cash equivalents | 16.43M | 13.31M | 15.91M | 41.53M | 1.89M | 1.77M | 16.84M | 27.05M |
Short term investments | 0 | 2.20M | 1.23M | 2.44M | 0 | 0 | 0 | 0 |
Net receivables | 788K | 375K | 359K | 407.88K | 4.75M | 2.61M | 3.61M | 7.00M |
Inventory | 688K | -2.20M | -1.23M | 50.91K | 98.23K | 4.04M | 5.38M | 4.52M |
Other current assets | 1.54M | 2.20M | 1.23M | 2.44M | 0 | 0 | 0 | 0 |
Total current assets | 19.46M | 15.89M | 17.50M | 44.43M | 6.74M | 8.44M | 25.83M | 38.58M |
Non-current assets: | ||||||||
Property, Plant and Equipment | 24.56M | 576K | 113K | 6.34M | 6.80M | 135.51M | 69.80M | 157.98M |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 1.77M | 1.61M | 2.76M | 6.13M | 37.33K | 84.64K | 51.14K | 46.58K |
Other non-current assets | 8.10M | 115K | 116K | 339.37K | 68.57M | 247.26K | 276.69K | 269.50K |
Total non-current assets | 34.44M | 2.30M | 2.99M | 12.81M | 75.41M | 135.84M | 70.12M | 158.29M |
Total assets | 53.91M | 18.20M | 20.50M | 57.25M | 82.16M | 144.28M | 95.96M | 196.88M |
Liabilities | ||||||||
| Current liabilities: | ||||||||
Accounts payable | ||||||||
Deferred revenue | -208K | -406K | -407K | 0 | -5.50M | -4.35M | 0 | 0 |
Short term debt | 208K | 119K | 72K | 85.92K | 1.18M | 495.1K | 0 | 0 |
Total current liabilities | 7.22M | 525K | 479K | 776.81K | 6.68M | 5.02M | 3.72M | 10.79M |
| Non-current liabilities: | ||||||||
Long term debt | 0 | 454K | 26K | 40.52K | 0 | 742.65K | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 131.66K | 14.35M | 13.62M | 12.22M | 12.16M |
Total non-current liabilities | 202K | 454K | 26K | 172.18K | 14.35M | 14.36M | 12.22M | 12.16M |
Total liabilities | 7.42M | 979K | 505K | 948.99K | 21.04M | 19.38M | 15.95M | 22.96M |