Africa Energy Corp (AFE) — Cash Flow Quality Index

Latest as of December 2021: -0.02x

Africa Energy Corp (AFE) has a Cash Flow Quality Index of -0.02x as of December 2021. Operating cash flow of CA$-534.00K is below net income of CA$25.19 Million, suggesting accrual-heavy earnings not yet converted to cash. Explore Africa Energy Corp cash debt coverage ratio to assess how comfortably operating cash covers total debt obligations.

Cash Flow Quality Index

-0.02x
Operating CF / Net Income

Operating Cash Flow

CA$-534.00K
CAD

Net Income

CA$25.19 Million
CAD

Data as of

Dec 2021
Most recent filing

Africa Energy Corp Cash Flow Quality Index (2012–2021)

Historical Cash Flow Quality Index for Africa Energy Corp across 3 annual periods. Values consistently above 1.0x indicate high-quality earnings. For the full cash flow conversion analysis, see Africa Energy Corp (AFE) cash flow conversion.

Annual Cash Flow Quality Index for Africa Energy Corp (2012–2021)

Year-by-year earnings quality comparison for Africa Energy Corp.

Year Quality Index Operating CF (CAD) Net Income YoY Change
2021 -0.19x CA$-4.04 Million CA$21.56 Million ▲ +70.2%
2013 -0.63x CA$-1.38 Million CA$2.21 Million ▼ -35.1%
2012 -0.46x CA$-1.38 Million CA$2.98 Million
Cash Flow Quality Index = Operating Cash Flow / Net Income. Ratios above 1.0x indicate cash-backed earnings.