Africa Energy Corp (AFE) - Cash Flow Conversion Efficiency

Latest as of December 2025: -0.016x

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.

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. Read AFE current and long-term liabilities for a breakdown of total debt and financial obligations.

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
Chungdamglobal Co. Ltd. KQ:362320	-0.095x
WeConnect PA:ALWEC	-0.216x
Emporiki Eisagogiki Aftokiniton Ditrohon kai Mihanon Thalassis Societe Anonyme AT:MOTO	-0.109x
Precot Limited NSE:PRECOT	0.013x
NIP Group Inc. American Depositary Shares NASDAQ:NIPG	-0.004x
Spark I Acquisition Corp. Class A Ordinary Share NASDAQ:SPKL	-0.022x
AudioEye Inc NASDAQ:AEYE	0.218x
Drb Industrial KO:163560	-0.014x

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

V:AFE Canada Oil & Gas E&P

Market Cap

$71.06 Million

CA$98.23 Million CAD

Market Cap Rank

#20502 Global

#712 in Canada

Share Price

CA$0.21

Change (1 day)

-4.65%

52-Week Range

CA$0.04 - CA$0.42

All Time High

CA$0.59