Airtel Africa Plc (AAF) - Cash Flow Conversion Efficiency

Latest as of December 2025: 0.286x

Based on the latest financial reports, Airtel Africa Plc (AAF) has a cash flow conversion efficiency ratio of 0.286x as of December 2025. 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 (GBX918.00 Million ≈ $111.69K USD) by net assets (GBX3.21 Billion ≈ $390.69K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See AAF defensive asset coverage days to measure how many days the company can operate on defensive assets alone.

Airtel Africa Plc - Cash Flow Conversion Efficiency Trend (2017–2025)

This chart illustrates how Airtel Africa Plc's cash flow conversion efficiency has evolved over time, based on yearly financial data.

Airtel Africa Plc Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Airtel Africa Plc ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
Graphite One Inc V:GPH	-0.057x
Pt Pakuan Tbk JK:UANG	0.050x
Gobarto S.A. WAR:GOB	0.057x
Quercus TFI SA WAR:QRS	0.557x
A Plus Asset Advisor Co Ltd KO:244920	0.048x
Hengyuan Refining Company Bhd KLSE:4324	0.281x
DYNACOR GROUP INC. F:OA5	0.011x
Venu Holding Corporation NYSE MKT:VENU	0.065x

Annual Cash Flow Conversion Efficiency for Airtel Africa Plc (2017–2025)

The table below shows the annual cash flow conversion efficiency of Airtel Africa Plc from 2017 to 2025. For the full company profile with market capitalisation and key ratios, see market value of Airtel Africa Plc.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2025-03-31	GBX2.77 Billion ≈ $337.64K	GBX2.27 Billion ≈ $275.71K	0.817x	-16.86%
2024-03-31	GBX2.30 Billion ≈ $279.84K	GBX2.26 Billion ≈ $274.85K	0.982x	+69.39%
2023-03-31	GBX3.81 Billion ≈ $463.32K	GBX2.21 Billion ≈ $268.65K	0.580x	+5.21%
2022-03-31	GBX3.65 Billion ≈ $443.98K	GBX2.01 Billion ≈ $244.68K	0.551x	+10.92%
2021-03-31	GBX3.35 Billion ≈ $407.96K	GBX1.67 Billion ≈ $202.70K	0.497x	+17.54%
2020-03-31	GBX3.28 Billion ≈ $399.20K	GBX1.39 Billion ≈ $168.76K	0.423x	-0.27%
2019-03-31	GBX2.43 Billion ≈ $295.66K	GBX1.03 Billion ≈ $125.32K	0.424x	+167.18%
2018-03-31	GBX-1.32 Billion ≈ $-160.24K	GBX831.00 Million ≈ $101.11K	-0.631x	-49.58%
2017-03-31	GBX-998.00 Million ≈ $-121.43K	GBX421.00 Million ≈ $51.22K	-0.422x	--

About Airtel Africa Plc

LSE:AAF UK Telecom Services

Market Cap

$164.33 Million

GBX1.35 Trillion GBX

Market Cap Rank

#17400 Global

#95 in UK

Share Price

GBX370.40

Change (1 day)

+1.26%

52-Week Range

GBX170.20 - GBX420.20

All Time High

GBX420.20