Reconnaissance Energy Africa Ltd
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license located in Namibia; and 100% working interest in a petroleum license located in northwestern Botswana, as well as an agreement for a joint exploration project in Angola. Reconn… Read more
Reconnaissance Energy Africa Ltd (RECAF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.022x
Based on the latest financial reports, Reconnaissance Energy Africa Ltd (RECAF) has a cash flow conversion efficiency ratio of -0.022x as of September 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 ($-4.61 Million) by net assets ($212.34 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Reconnaissance Energy Africa Ltd - Cash Flow Conversion Efficiency Trend (2016–2024)
This chart illustrates how Reconnaissance Energy Africa Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Explore and compare other companies by cash flow conversion efficiency.
Reconnaissance Energy Africa Ltd Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Reconnaissance Energy Africa Ltd ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
EQL PHARMA AB
F:7JK
|
N/A |
|
Onward Medical N.V.
BR:ONWD
|
-0.679x |
|
Kginicis Co.Ltd
KQ:035600
|
0.020x |
|
Nafoods Group JSC
VN:NAF
|
N/A |
|
AMTD Digital Inc.
NYSE:HKD
|
0.067x |
|
POLIGHT ASA NK -04
F:3OL0
|
N/A |
|
Wheels India Limited
NSE:WHEELS
|
0.411x |
|
Ancom Berhad
KLSE:4758
|
0.048x |
Annual Cash Flow Conversion Efficiency for Reconnaissance Energy Africa Ltd (2016–2024)
The table below shows the annual cash flow conversion efficiency of Reconnaissance Energy Africa Ltd from 2016 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | $136.85 Million | $-14.54 Million | -0.106x | +22.68% |
| 2022-03-31 | $85.22 Million | $-11.71 Million | -0.137x | +27.37% |
| 2021-03-31 | $28.59 Million | $-5.41 Million | -0.189x | +29.76% |
| 2020-03-31 | $7.83 Million | $-2.11 Million | -0.269x | -8.63% |
| 2019-03-31 | $232.51K | $-57.65K | -0.248x | +81.43% |
| 2018-03-31 | $91.41K | $-122.05K | -1.335x | -36.37% |
| 2017-03-31 | $95.75K | $-93.75K | -0.979x | +27.40% |
| 2016-03-31 | $64.14K | $-86.50K | -1.349x | -- |