Africa Energy Corp
Africa Energy Corp. operates as an oil and gas exploration company in South Africa. It focuses on potential gas condensate development on Block 11B/12B in offshore South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp. in March 2015. Africa Energy Corp. is based in Vancouver, Canada.
Africa Energy Corp (HPMCF) - Cash Flow Conversion Efficiency
Latest cash flow conversion efficiency as of September 2025: -0.008x
Based on the latest financial reports, Africa Energy Corp (HPMCF) has a cash flow conversion efficiency ratio of -0.008x 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 ($-374.13K) by net assets ($44.02 Million). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Africa Energy Corp - Cash Flow Conversion Efficiency Trend (2011–2024)
This chart illustrates how Africa Energy 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 Energy Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Africa Energy Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Asuransi Jiwa Syariah Jasa Mitra Abadi Tbk PT
JK:JMAS
|
-0.165x |
|
GPO Plus Inc
OTCQB:GPOX
|
0.045x |
|
Kesla Oyj A
HE:KELAS
|
0.068x |
|
Combigene AB
ST:COMBI
|
-0.087x |
|
BELIMO HLDG N
BE:B9H
|
N/A |
|
Fab-Form Industries Ltd.
V:FBF
|
0.059x |
|
Emergent Metals Corp
V:EMR
|
-0.050x |
|
Namibia Critical Metals Inc
PINK:NMREF
|
-0.011x |
Annual Cash Flow Conversion Efficiency for Africa Energy Corp (2011–2024)
The table below shows the annual cash flow conversion efficiency of Africa Energy Corp from 2011 to 2024.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-12-31 | $31.92 Million | $-1.11 Million | -0.035x | -115.52% |
| 2023-12-31 | $131.85 Million | $-2.13 Million | -0.016x | -33.32% |
| 2022-12-31 | $249.03 Million | $-3.02 Million | -0.012x | +20.19% |
| 2021-12-31 | $265.56 Million | $-4.04 Million | -0.015x | -9.85% |
| 2020-12-31 | $242.24 Million | $-3.35 Million | -0.014x | +79.16% |
| 2019-12-31 | $41.44 Million | $-2.75 Million | -0.066x | +31.49% |
| 2018-12-31 | $44.22 Million | $-4.29 Million | -0.097x | +70.83% |
| 2017-12-31 | $12.12 Million | $-4.03 Million | -0.332x | -25.64% |
| 2016-12-31 | $16.67 Million | $-4.41 Million | -0.265x | +20.52% |
| 2015-12-31 | $6.83 Million | $-2.27 Million | -0.333x | +69.80% |
| 2014-12-31 | $1.31 Million | $-1.45 Million | -1.102x | -7332.92% |
| 2013-12-31 | $93.33 Million | $-1.38 Million | -0.015x | +2.85% |
| 2012-12-31 | $90.67 Million | $-1.38 Million | -0.015x | +39.49% |
| 2011-12-31 | $75.11 Million | $-1.89 Million | -0.025x | -- |