Africa Energy Corp
Africa Energy Corp. operates as an oil and gas exploration company in South Africa. It focuses on potential gas condensate development on Block 11B/12B in offshore South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp. in March 2015. Africa Energy Corp. is based in Vancouver, Canada.
Africa Energy Corp (HPMCF) - Total Assets
Latest total assets as of September 2025: $44.26 Million USD
Based on the latest financial reports, Africa Energy Corp (HPMCF) holds total assets worth $44.26 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.
Africa Energy Corp - Total Assets Trend (2011–2024)
This chart illustrates how Africa Energy Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Africa Energy Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Africa Energy Corp's total assets of $44.26 Million consist of 5.7% current assets and 94.3% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 5.4% |
| Accounts Receivable | $66.00K | 0.2% |
| 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 (2011–2024)
This chart illustrates how Africa Energy Corp'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: Africa Energy Corp's current assets represent 5.7% of total assets in 2024, a decrease from 35.6% in 2011.
- Cash Position: Cash and equivalents constituted 5.4% of total assets in 2024, down from 33.5% in 2011.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 64.0% in 2011.
- Asset Diversification: The largest asset category is accounts receivable at 0.2% of total assets.
Africa Energy Corp Competitors by Total Assets
Key competitors of Africa Energy Corp 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 |
Africa Energy Corp - 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 - Africa Energy Corp generates 0.00x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Africa Energy Corp is currently not profitable relative to its asset base.
Africa Energy Corp - 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 | 16.64 | 0.25 | 11.13 |
| Quick Ratio | 16.64 | 0.25 | 11.21 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $3.71 Million | $ -7.24 Million | $ 18.19 Million |
Africa Energy Corp - Advanced Valuation Insights
This section examines the relationship between Africa Energy Corp'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 | 1.18 |
| Latest Market Cap to Assets Ratio | 0.08 |
| Asset Growth Rate (YoY) | -69.3% |
| Total Assets | $42.58 Million |
| Market Capitalization | $3.61 Million USD |
Valuation Analysis
Below Book Valuation: The market values Africa Energy Corp's assets below their book value (0.08 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Africa Energy Corp's assets decreased by 69.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Africa Energy Corp (2011–2024)
The table below shows the annual total assets of Africa Energy Corp from 2011 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $42.58 Million | -69.33% |
| 2023-12-31 | $138.83 Million | -46.07% |
| 2022-12-31 | $257.42 Million | -3.67% |
| 2021-12-31 | $267.24 Million | +9.51% |
| 2020-12-31 | $244.03 Million | +482.31% |
| 2019-12-31 | $41.91 Million | -5.40% |
| 2018-12-31 | $44.30 Million | +153.77% |
| 2017-12-31 | $17.46 Million | +1.28% |
| 2016-12-31 | $17.24 Million | +133.61% |
| 2015-12-31 | $7.38 Million | +315.43% |
| 2014-12-31 | $1.78 Million | -98.10% |
| 2013-12-31 | $93.68 Million | -3.97% |
| 2012-12-31 | $97.55 Million | +18.36% |
| 2011-12-31 | $82.42 Million | -- |