AFRICA OIL
AFRICA OIL operates in Diversified Metals & Mining.
AFRICA OIL (AFZ) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2024: -0.019x
Based on the latest financial reports, AFRICA OIL (AFZ) has a cash flow conversion efficiency ratio of -0.019x as of September 2024.
Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (€-10.30 Million) by net assets (€548.70 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
AFRICA OIL - Cash Flow Conversion Efficiency Trend (2016–2023)
This chart illustrates how AFRICA OIL's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
AFRICA OIL Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of AFRICA OIL ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
DNI Metals Inc
PINK:DMNKF
|
0.023x |
|
LPIX
PINK:LPIX
|
N/A |
|
Anpario Plc
LSE:ANP
|
0.037x |
|
Taiwan Biomaterial Co., Ltd.
TWO:6649
|
N/A |
|
SUNBIRD HOTELS TOURISM
MSE:SUNBIRD
|
N/A |
|
KOOTH PLC LS -05
F:KO0
|
N/A |
|
The Marketing Alliance Inc
PINK:MAAL
|
0.129x |
|
Wellness Center Usa
PINK:WCUI
|
0.031x |
Annual Cash Flow Conversion Efficiency for AFRICA OIL (2016–2023)
The table below shows the annual cash flow conversion efficiency of AFRICA OIL from 2016 to 2023.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2023-12-31 | €894.60 Million | €-53.30 Million | -0.060x | -203.60% |
| 2022-12-31 | €830.60 Million | €-16.30 Million | -0.020x | -72.26% |
| 2021-12-31 | €948.00 Million | €-10.80 Million | -0.011x | -60.68% |
| 2020-12-31 | €754.29 Million | €-5.35 Million | -0.007x | -21.23% |
| 2019-12-31 | €766.70 Million | €-4.48 Million | -0.006x | -176.69% |
| 2018-12-31 | €922.08 Million | €-1.95 Million | -0.002x | -138.15% |
| 2017-12-31 | €973.45 Million | €-864.00K | -0.001x | +80.39% |
| 2016-12-31 | €977.44 Million | €-4.42 Million | -0.005x | -- |