Reconnaissance Energy Africa Ltd
Reconnaissance Energy Africa Ltd., a junior oil and gas company, engages in exploration and development of oil and gas properties in Namibia and Botswana. The company holds a 90% interest in a petroleum exploration license located in Namibia; and 100% working interest in a petroleum license located in northwestern Botswana, as well as an agreement for a joint exploration project in Angola. Reconn… Read more
Reconnaissance Energy Africa Ltd (RECAF) - Total Assets
Latest total assets as of September 2025: $218.23 Million USD
Based on the latest financial reports, Reconnaissance Energy Africa Ltd (RECAF) holds total assets worth $218.23 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Reconnaissance Energy Africa Ltd - Total Assets Trend (2016–2024)
This chart illustrates how Reconnaissance Energy Africa Ltd’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Reconnaissance Energy Africa Ltd - Asset Composition Analysis
Current Asset Composition (March 2024)
Reconnaissance Energy Africa Ltd's total assets of $218.23 Million consist of 2.1% current assets and 97.9% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 1.5% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Reconnaissance Energy Africa Ltd's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Reconnaissance Energy Africa Ltd's current assets represent 2.1% of total assets in 2024, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 1.5% of total assets in 2024, down from 96.6% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Reconnaissance Energy Africa Ltd Competitors by Total Assets
Key competitors of Reconnaissance Energy Africa Ltd based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Bounty Oil & Gas NL
PINK:BYOGF
|
USA | $8.51 Million |
|
Shanxi Blue Flame Holding Co Ltd
SHE:000968
|
China | CN¥11.13 Billion |
|
Oriental Energy Co Ltd
SHE:002221
|
China | CN¥40.74 Billion |
|
P/F Atlantic Petroleum
CO:ATLA-DKK
|
Denmark | Dkr7.35 Million |
|
East West Minerals Ltd.
F:37A0
|
Germany | €4.02 Million |
|
Hibiscus Petroleum BHD
KLSE:5199
|
Malaysia | RM7.43 Billion |
|
Reach Energy Bhd
KLSE:5256
|
Malaysia | RM861.30 Million |
|
Geo-Jade Petroleum Corp
SHG:600759
|
China | CN¥12.56 Billion |
Reconnaissance Energy Africa Ltd - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Reconnaissance Energy Africa Ltd generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Reconnaissance Energy Africa Ltd generates $ 28.89 in net profit.
Reconnaissance Energy Africa Ltd - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 6.20 | 6.24 | 14.59 |
| Quick Ratio | 6.20 | 6.24 | 14.59 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $19.67 Million | $ 26.96 Million | $ 17.18 Million |
Reconnaissance Energy Africa Ltd - Advanced Valuation Insights
This section examines the relationship between Reconnaissance Energy Africa Ltd's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.42 |
| Latest Market Cap to Assets Ratio | 0.76 |
| Asset Growth Rate (YoY) | 6.3% |
| Total Assets | $142.30 Million |
| Market Capitalization | $107.46 Million USD |
Valuation Analysis
Below Book Valuation: The market values Reconnaissance Energy Africa Ltd's assets below their book value (0.76 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Reconnaissance Energy Africa Ltd's assets grew by 6.3% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Reconnaissance Energy Africa Ltd (2016–2024)
The table below shows the annual total assets of Reconnaissance Energy Africa Ltd from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | $142.30 Million | +6.25% |
| 2022-03-31 | $133.93 Million | +338.83% |
| 2021-03-31 | $30.52 Million | +265.57% |
| 2020-03-31 | $8.35 Million | +1388.53% |
| 2019-03-31 | $560.85K | +169.83% |
| 2018-03-31 | $207.85K | +28.17% |
| 2017-03-31 | $162.16K | +52.85% |
| 2016-03-31 | $106.09K | -- |