TAG Oil Ltd. (TSXV:TAO)

TAG Oil Balance Sheet

Financials in millions CAD. Fiscal year is January - December.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Mar 31, 2023	Mar 31, 2022
Cash & Equivalents	10.35	2.55	6.57	16.44	19.46	13.32
Cash & Short-Term Investments	10.35	2.55	6.57	16.44	19.46	13.32
Cash Growth	93.89%	-61.24%	-60.00%	-15.53%	46.13%	-16.31%
Accounts Receivable	0.89	0.42	0.96	0.79	-	-
Other Receivables	-	-	-	-	1.03	0.27
Receivables	0.89	0.42	0.96	0.79	1.03	0.27
Prepaid Expenses	0.42	0.18	0.54	0.69	0.22	0.1
Restricted Cash	-	-	0.65	-	-	-
Other Current Assets	-	-	0.83	1.55	2.59	2.21
Total Current Assets	11.67	3.15	9.55	19.46	23.29	15.9
Property, Plant & Equipment	42.83	41.5	43.25	24.57	7.12	0.58
Long-Term Investments	-	-	2.16	1.77	2.31	1.61
Other Long-Term Assets	0.03	0.12	0.12	8.11	8.34	0.12
Total Assets	54.53	44.76	55.09	53.91	41.06	18.2

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Mar 31, 2023	Mar 31, 2022
Accounts Payable	1.08	0.47	3.76	5.69	0.63	0.1
Accrued Expenses	-	0.49	0.49	1.33	0.95	0.31
Current Portion of Leases	0.25	0.27	0.34	0.21	0.16	0.12
Total Current Liabilities	1.32	1.24	4.59	7.22	1.74	0.53
Long-Term Leases	0.69	0.78	1.15	0.2	0.3	0.45
Total Liabilities	2.01	2.02	5.74	7.43	2.05	0.98

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Mar 31, 2023	Mar 31, 2022
Common Stock	272.17	262.44	262.24	256.57	243.41	219.63
Retained Earnings	-245.95	-244.3	-239.51	-233.18	-227.03	-224.02
Comprehensive Income & Other	26.29	24.61	26.61	23.09	22.63	21.62
Total Common Equity	52.52	42.75	49.35	46.48	39.01	17.23
Shareholders' Equity	52.52	42.75	49.35	46.48	39.01	17.23
Total Liabilities & Equity	54.53	44.76	55.09	53.91	41.06	18.2

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Mar 31, 2023	Mar 31, 2022
Total Debt	0.93	1.05	1.49	0.41	0.46	0.57
Net Cash (Debt)	9.42	1.5	5.09	16.03	19	12.74
Net Cash Growth	130.00%	-70.51%	-68.26%	-15.65%	49.09%	-19.41%
Net Cash Per Share	-	0.01	0.03	0.10	0.19	0.14
Filing Date Shares Outstanding	-	342.21	226.46	185.12	160.2	91.77
Total Common Shares Outstanding	-	226.46	225.21	185.12	155.68	91.77
Working Capital	10.35	1.91	4.96	12.24	21.55	15.37
Book Value Per Share	-	0.19	0.22	0.25	0.25	0.19
Tangible Book Value	52.52	42.75	49.35	46.48	39.01	17.23
Tangible Book Value Per Share	-	0.19	0.22	0.25	0.25	0.19
Machinery	-	0.2	0.27	0.24	0.36	0.29

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 29, 2026

Data Sources Report a data error