Reconnaissance Energy Africa Ltd (RECO) - Cash Flow Conversion Efficiency

Latest as of September 2025: -0.022x

Based on the latest financial reports, Reconnaissance Energy Africa Ltd (RECO) has a cash flow conversion efficiency ratio of -0.022x 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 (CA$-4.61 Million ≈ $-3.33 Million USD) by net assets (CA$212.34 Million ≈ $153.60 Million USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.

Reconnaissance Energy Africa Ltd - Cash Flow Conversion Efficiency Trend (2017–2024)

This chart illustrates how Reconnaissance Energy Africa Ltd's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read Reconnaissance Energy Africa Ltd debt and liabilities for a breakdown of total debt and financial obligations.

Reconnaissance Energy Africa Ltd Competitors by Cash Flow Conversion Efficiency

The table below lists competitors of Reconnaissance Energy Africa Ltd ranked by their cash flow conversion efficiency.

Company	Cash Flow Conversion Efficiency
NVE Corporation NASDAQ:NVEC	0.047x
Bell Financial Group Ltd AU:BFG	0.132x
ANGI Homeservices Inc NASDAQ:ANGI	0.031x
Arvind SmartSpaces Limited NSE:ARVSMART	0.168x
Hitron Technologies Inc TW:2419	-0.018x
Evolent Health Inc NYSE:EVH	0.019x
Kingsway Financial Services Inc NYSE:KFS	0.041x
Selena FM S.A. WAR:SEL	0.139x

Annual Cash Flow Conversion Efficiency for Reconnaissance Energy Africa Ltd (2017–2024)

The table below shows the annual cash flow conversion efficiency of Reconnaissance Energy Africa Ltd from 2017 to 2024. For the full company profile with market capitalisation and key ratios, see how much is Reconnaissance Energy Africa Ltd worth.

Year	Net Assets	Operating Cash Flow	Cash Flow Conversion Efficiency	Change
2024-03-31	CA$136.85 Million ≈ $99.00 Million	CA$-14.54 Million ≈ $-10.52 Million	-0.106x	+22.68%
2022-03-31	CA$85.22 Million ≈ $61.65 Million	CA$-11.71 Million ≈ $-8.47 Million	-0.137x	+27.37%
2021-03-31	CA$28.59 Million ≈ $20.68 Million	CA$-5.41 Million ≈ $-3.91 Million	-0.189x	+29.76%
2020-03-31	CA$7.83 Million ≈ $5.66 Million	CA$-2.11 Million ≈ $-1.52 Million	-0.269x	-8.63%
2019-03-31	CA$232.51K ≈ $168.19K	CA$-57.65K ≈ $-41.70K	-0.248x	+81.43%
2018-03-31	CA$91.41K ≈ $66.12K	CA$-122.05K ≈ $-88.29K	-1.335x	-36.37%
2017-03-31	CA$95.75K ≈ $69.26K	CA$-93.75K ≈ $-67.82K	-0.979x	--

About Reconnaissance Energy Africa Ltd

V:RECO Canada Oil & Gas E&P

Market Cap

$306.26 Million

CA$423.36 Million CAD

Market Cap Rank

#14869 Global

#439 in Canada

Share Price

CA$1.12

Change (1 day)

-0.88%

52-Week Range

CA$0.40 - CA$1.32

All Time High

CA$13.42