Africa Oil Corp
Meren Energy Inc., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. Meren Energy Inc. was formerly known as Africa… Read more
Africa Oil Corp (AOIFF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: 0.166x
Based on the latest financial reports, Africa Oil Corp (AOIFF) has a cash flow conversion efficiency ratio of 0.166x 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 ($146.70 Million) by net assets ($881.30 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 Corp - Cash Flow Conversion Efficiency Trend (2000–2024)
This chart illustrates how Africa Oil Corp'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 Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Africa Oil Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Tianneng Power International Limited
PINK:TIANF
|
0.046x |
|
Yunnan Nantian Electronics Information Co Ltd
SHE:000948
|
-0.005x |
|
Metropole Tv
OTCGREY:MTPVY
|
0.048x |
|
Hubei Heyuan Gas Co Ltd
SHE:002971
|
0.087x |
|
Amotiv Ltd
AU:AOV
|
0.111x |
|
Shandong Sacred Sun Power Sources Co Ltd
SHE:002580
|
0.017x |
|
Reitir fasteignafélag hf
IC:REITIR
|
0.028x |
|
Topoint Technology Co Ltd
TW:8021
|
0.023x |
Annual Cash Flow Conversion Efficiency for Africa Oil Corp (2000–2024)
The table below shows the annual cash flow conversion efficiency of Africa Oil Corp from 2000 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $548.80 Million | $-40.90 Million | -0.075x | -25.14% |
| 2023-12-31 | $894.97 Million | $-53.30 Million | -0.060x | -203.48% |
| 2022-12-31 | $830.60 Million | $-16.30 Million | -0.020x | -82.24% |
| 2021-12-31 | $948.06 Million | $-10.21 Million | -0.011x | -51.88% |
| 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 | +59.27% |
| 2015-12-31 | $991.88 Million | $-11.02 Million | -0.011x | +10.16% |
| 2014-12-31 | $797.05 Million | $-9.86 Million | -0.012x | +5.81% |
| 2013-12-31 | $929.85 Million | $-12.21 Million | -0.013x | +20.06% |
| 2012-12-31 | $520.15 Million | $-8.55 Million | -0.016x | +35.08% |
| 2011-12-31 | $275.95 Million | $-6.98 Million | -0.025x | +5.60% |
| 2010-12-31 | $169.05 Million | $-4.53 Million | -0.027x | -3497.95% |
| 2009-12-31 | $89.23 Million | $-66.49K | -0.001x | +98.97% |
| 2008-12-31 | $24.87 Million | $-1.81 Million | -0.073x | -532.57% |
| 2007-12-31 | $24.68 Million | $-283.47K | -0.011x | +85.15% |
| 2006-12-31 | $5.79 Million | $-447.57K | -0.077x | -34.88% |
| 2005-12-31 | $2.48 Million | $-142.47K | -0.057x | +92.61% |
| 2004-12-31 | $81.11K | $-62.96K | -0.776x | -106.58% |
| 2003-12-31 | $-4.85K | $-57.23K | 11.792x | +787.31% |
| 2002-12-31 | $42.61K | $-73.10K | -1.716x | -623.90% |
| 2001-12-31 | $-384.53K | $-125.92K | 0.327x | +21.48% |
| 2000-12-31 | $-294.80K | $-79.47K | 0.270x | -- |