Africa Energy Corp (AFE) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Africa Energy Corp (AFE) has a cash flow conversion efficiency ratio of -0.016x 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 (CA$-657.00K ≈ $-475.26K USD) by net assets (CA$40.82 Million ≈ $29.53 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 Energy Corp defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
Africa Energy Corp - Cash Flow Conversion Efficiency Trend (2010–2025)
This chart illustrates how Africa Energy Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data.
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 |
|---|---|
|
Oswal Greentech Limited
NSE:OSWALGREEN
|
N/A |
|
EML Payments Ltd
F:A8Y1
|
-0.016x |
|
d1000 Varejo Farma Participações S.A
SA:DMVF3
|
0.180x |
|
Outset Medical Inc
NASDAQ:OM
|
-0.115x |
|
Sai Gon Ground Services JSC
VN:SGN
|
-0.056x |
|
Sports Entertainment Group Ltd
AU:SEG
|
0.156x |
|
Marshall Monteagle PLC
JSE:MMP
|
-0.042x |
|
Invesco High Income Trust II
NYSE:VLT
|
0.019x |
Annual Cash Flow Conversion Efficiency for Africa Energy Corp (2010–2025)
The table below shows the annual cash flow conversion efficiency of Africa Energy Corp from 2010 to 2025. For the full company profile with market capitalisation and key ratios, see Africa Energy Corp market cap and net worth.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-12-31 | CA$40.82 Million ≈ $29.53 Million |
CA$-1.85 Million ≈ $-1.34 Million |
-0.045x | -29.99% |
| 2024-12-31 | CA$31.92 Million ≈ $23.09 Million |
CA$-1.11 Million ≈ $-805.13K |
-0.035x | -115.52% |
| 2023-12-31 | CA$131.85 Million ≈ $95.38 Million |
CA$-2.13 Million ≈ $-1.54 Million |
-0.016x | -33.32% |
| 2022-12-31 | CA$249.03 Million ≈ $180.15 Million |
CA$-3.02 Million ≈ $-2.19 Million |
-0.012x | +20.19% |
| 2021-12-31 | CA$265.56 Million ≈ $192.10 Million |
CA$-4.04 Million ≈ $-2.92 Million |
-0.015x | -9.85% |
| 2020-12-31 | CA$242.24 Million ≈ $175.23 Million |
CA$-3.35 Million ≈ $-2.43 Million |
-0.014x | +79.16% |
| 2019-12-31 | CA$41.44 Million ≈ $29.98 Million |
CA$-2.75 Million ≈ $-1.99 Million |
-0.066x | +31.49% |
| 2018-12-31 | CA$44.22 Million ≈ $31.99 Million |
CA$-4.29 Million ≈ $-3.10 Million |
-0.097x | +70.83% |
| 2017-12-31 | CA$12.12 Million ≈ $8.77 Million |
CA$-4.03 Million ≈ $-2.91 Million |
-0.332x | -25.64% |
| 2016-12-31 | CA$16.67 Million ≈ $12.06 Million |
CA$-4.41 Million ≈ $-3.19 Million |
-0.265x | +20.52% |
| 2015-12-31 | CA$6.83 Million ≈ $4.94 Million |
CA$-2.27 Million ≈ $-1.64 Million |
-0.333x | +69.80% |
| 2014-12-31 | CA$1.31 Million ≈ $948.36K |
CA$-1.45 Million ≈ $-1.05 Million |
-1.102x | -7332.92% |
| 2013-12-31 | CA$93.33 Million ≈ $67.51 Million |
CA$-1.38 Million ≈ $-1.00 Million |
-0.015x | +2.85% |
| 2012-12-31 | CA$90.67 Million ≈ $65.59 Million |
CA$-1.38 Million ≈ $-1.00 Million |
-0.015x | +39.49% |
| 2011-12-31 | CA$75.11 Million ≈ $54.33 Million |
CA$-1.89 Million ≈ $-1.37 Million |
-0.025x | +91.48% |
| 2010-12-31 | CA$189.46K ≈ $137.05K |
CA$-56.11K ≈ $-40.59K |
-0.296x | -- |
About Africa Energy Corp
Africa Energy Corp. operates as an oil and gas exploration company in South Africa. The company 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.