Africa Oil Corp (AOI) — Tangible Net Worth Ratio
Africa Oil Corp (AOI) has a Tangible Net Worth Ratio of 100.0% as of March 2025. This metric is calculated by deducting intangible assets (CA$0.00) from net assets (CA$922.20 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See AOI working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Africa Oil Corp Tangible Net Worth Ratio (2002–2024)
This chart shows how Africa Oil Corp's Tangible Net Worth Ratio has changed across 22 annual periods from 2002 to 2024. As of March 2025, the ratio stands at 100.0%, reflecting net assets of CA$922.20 Million with intangible assets of CA$0.00 CAD. See AOI defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Africa Oil Corp (2002–2024)
The table below presents the year-by-year Tangible Net Worth Ratio for Africa Oil Corp from 2002 to 2024, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see AOI company net worth.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2024 | 100.0% | CA$548.80 Million | CA$0.00 | CA$615.20 Million | ▲ +0.0 pp |
| 2023 | 100.0% | CA$894.60 Million | CA$19.10K | CA$966.20 Million | ▲ +0.0 pp |
| 2022 | 100.0% | CA$830.60 Million | CA$63.60K | CA$917.70 Million | ▲ +0.0 pp |
| 2021 | 100.0% | CA$948.06 Million | CA$194.30K | CA$991.62 Million | ▲ +25.2 pp |
| 2020 | 74.8% | CA$754.29 Million | CA$190.40 Million | CA$910.50 Million | ▲ +28.5 pp |
| 2019 | 46.3% | CA$766.70 Million | CA$411.67 Million | CA$812.30 Million | ▲ +2.2 pp |
| 2018 | 44.1% | CA$922.08 Million | CA$515.82 Million | CA$953.91 Million | ▼ -2.5 pp |
| 2017 | 46.5% | CA$973.45 Million | CA$520.65 Million | CA$1.01 Billion | ▲ +1.2 pp |
| 2016 | 45.3% | CA$977.44 Million | CA$534.93 Million | CA$1.01 Billion | ▲ +39.5 pp |
| 2015 | 5.8% | CA$991.88 Million | CA$934.29 Million | CA$1.10 Billion | ▲ +4.3 pp |
| 2014 | 1.5% | CA$797.05 Million | CA$785.18 Million | CA$950.55 Million | ▼ -46.0 pp |
| 2013 | 47.4% | CA$929.85 Million | CA$488.69 Million | CA$987.82 Million | ▲ +1.7 pp |
| 2012 | 45.8% | CA$520.15 Million | CA$282.11 Million | CA$559.46 Million | ▲ +13.0 pp |
| 2011 | 32.7% | CA$275.95 Million | CA$185.67 Million | CA$304.11 Million | ▼ -67.3 pp |
| 2010 | 100.0% | CA$169.05 Million | CA$0.00 | CA$177.64 Million | ▲ +0.0 pp |
| 2009 | 100.0% | CA$89.23 Million | CA$0.00 | CA$94.71 Million | ▲ +0.0 pp |
| 2008 | 100.0% | CA$24.87 Million | CA$0.00 | CA$35.21 Million | ▲ +0.0 pp |
| 2007 | 100.0% | CA$24.68 Million | CA$0.00 | CA$25.04 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$5.79 Million | CA$0.00 | CA$5.82 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$2.48 Million | CA$0.00 | CA$2.83 Million | ▲ +0.0 pp |
| 2004 | 100.0% | CA$81.11K | CA$0.00 | CA$115.96K | ▲ +0.0 pp |
| 2002 | 100.0% | CA$42.61K | CA$0.00 | CA$317.40K | — |