Africa Oil Corp (AOI) - Cash Flow Conversion Efficiency

Latest as of March 2025: 0.039x

Based on the latest financial reports, Africa Oil Corp (AOI) has a cash flow conversion efficiency ratio of 0.039x as of March 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 (CA$36.40 Million ≈ $26.33 Million USD) by net assets (CA$922.20 Million ≈ $667.11 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Africa Oil Corp balance sheet independence to measure how much of total assets are equity-financed.

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. Check Africa Oil Corp cash earnings quality to evaluate the quality of earnings relative to operating cash generation.

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
Guangdong Dongpeng Holdings SHE:003012	0.029x
Geron Corporation NASDAQ:GERN	-0.275x
Aditya Birla Fashion and Retail Limited NSE:ABFRL	-0.016x
PennyMac Mortgage Investment Trust NYSE:PMT	-0.688x
GMR Power and Urban Infra Limited NSE:GMRP&UI	0.216x
Century Iron And Steel Industrial Co Ltd TW:9958	0.057x
Kalvista Pharmaceuticals Inc NASDAQ:KALV	-1.923x
Wushang Group Co Ltd SHE:000501	0.033x

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. For the full company profile with market capitalisation and key ratios, see AOI market cap overview.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-12-31	CA$548.80 Million ≈ $396.99 Million	CA$-40.90 Million ≈ $-29.59 Million	-0.075x	-25.09%
2023-12-31	CA$894.60 Million ≈ $647.14 Million	CA$-53.30 Million ≈ $-38.56 Million	-0.060x	-203.60%
2022-12-31	CA$830.60 Million ≈ $600.84 Million	CA$-16.30 Million ≈ $-11.79 Million	-0.020x	-82.24%
2021-12-31	CA$948.06 Million ≈ $685.81 Million	CA$-10.21 Million ≈ $-7.39 Million	-0.011x	-51.88%
2020-12-31	CA$754.29 Million ≈ $545.64 Million	CA$-5.35 Million ≈ $-3.87 Million	-0.007x	-21.23%
2019-12-31	CA$766.70 Million ≈ $554.62 Million	CA$-4.48 Million ≈ $-3.24 Million	-0.006x	-176.69%
2018-12-31	CA$922.08 Million ≈ $667.02 Million	CA$-1.95 Million ≈ $-1.41 Million	-0.002x	-138.15%
2017-12-31	CA$973.45 Million ≈ $704.18 Million	CA$-864.00K ≈ $-625.00K	-0.001x	+80.39%
2016-12-31	CA$977.44 Million ≈ $707.07 Million	CA$-4.42 Million ≈ $-3.20 Million	-0.005x	+59.27%
2015-12-31	CA$991.88 Million ≈ $717.51 Million	CA$-11.02 Million ≈ $-7.97 Million	-0.011x	+10.16%
2014-12-31	CA$797.05 Million ≈ $576.57 Million	CA$-9.86 Million ≈ $-7.13 Million	-0.012x	+5.81%
2013-12-31	CA$929.85 Million ≈ $672.64 Million	CA$-12.21 Million ≈ $-8.83 Million	-0.013x	+20.06%
2012-12-31	CA$520.15 Million ≈ $376.27 Million	CA$-8.55 Million ≈ $-6.18 Million	-0.016x	+35.08%
2011-12-31	CA$275.95 Million ≈ $199.62 Million	CA$-6.98 Million ≈ $-5.05 Million	-0.025x	+5.60%
2010-12-31	CA$169.05 Million ≈ $122.29 Million	CA$-4.53 Million ≈ $-3.28 Million	-0.027x	-3497.95%
2009-12-31	CA$89.23 Million ≈ $64.55 Million	CA$-66.49K ≈ $-48.10K	-0.001x	+98.97%
2008-12-31	CA$24.87 Million ≈ $17.99 Million	CA$-1.81 Million ≈ $-1.31 Million	-0.073x	-532.57%
2007-12-31	CA$24.68 Million ≈ $17.85 Million	CA$-283.47K ≈ $-205.05K	-0.011x	+85.15%
2006-12-31	CA$5.79 Million ≈ $4.19 Million	CA$-447.57K ≈ $-323.77K	-0.077x	-34.88%
2005-12-31	CA$2.48 Million ≈ $1.80 Million	CA$-142.47K ≈ $-103.06K	-0.057x	+92.61%
2004-12-31	CA$81.11K ≈ $58.67K	CA$-62.96K ≈ $-45.54K	-0.776x	-106.58%
2003-12-31	CA$-4.85K ≈ $-3.51K	CA$-57.23K ≈ $-41.40K	11.792x	+787.31%
2002-12-31	CA$42.61K ≈ $30.82K	CA$-73.10K ≈ $-52.88K	-1.716x	-623.90%
2001-12-31	CA$-384.53K ≈ $-278.16K	CA$-125.92K ≈ $-91.09K	0.327x	+21.48%
2000-12-31	CA$-294.80K ≈ $-213.26K	CA$-79.47K ≈ $-57.49K	0.270x	--

About Africa Oil Corp

TO:AOI Canada Oil & Gas E&P

Market Cap

$820.85 Million

CA$1.13 Billion CAD

Market Cap Rank

#9681 Global

#286 in Canada

Share Price

CA$1.68

Change (1 day)

+0.00%

52-Week Range

CA$1.68 - CA$1.68

All Time High

CA$3.24