Africa Oil Corp Total Assets
Africa Oil Corp total assets. Based on the latest financial reports, Africa Oil Corp (AOI) holds total assets worth CA$2.51 Billion CAD (≈ $1.82 Billion USD) as of March 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. Also see market value of Africa Oil Corp for the company's overall valuation and market capitalisation.
Total Assets of Africa Oil Corp (2000–2024)
Total assets of Africa Oil Corp from 2000 to 2024. This chart illustrates how Africa Oil Corp's total assets have evolved over time, based on quarterly financial data. See Africa Oil Corp share price for real-time trading data and today's change.
Africa Oil Corp - Asset Composition Analysis
Africa Oil Corp Total Assets Breakdown (December 2024)
Africa Oil Corp total assets breakdown as of December 2024. Africa Oil Corp's total assets of CA$2.51 Billion consist of 12.5% current assets and 87.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 10.0% |
| Accounts Receivable | CA$4.00 Million | 0.7% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Africa Oil 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. Explore AOI net working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Africa Oil Corp's current assets represent 12.5% of total assets in 2024, a decrease from 100.0% in 2000.
- Cash Position: Cash and equivalents constituted 10.0% of total assets in 2024, down from 88.7% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is accounts receivable at 0.7% of total assets.
Africa Oil Corp Competitors by Total Assets
Key competitors of Africa Oil Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
EOG Resources Inc
NYSE:EOG
|
USA | $54.78 Billion |
|
Devon Energy Corporation
NYSE:DVN
|
USA | $32.54 Billion |
|
Tourmaline Oil Corp.
TO:TOU
|
Canada | CA$23.06 Billion |
|
ARC Resources Ltd.
TO:ARX
|
Canada | CA$14.18 Billion |
|
Chord Energy Corp
NASDAQ:CHRD
|
USA | $13.72 Billion |
|
MEG Energy Corp
TO:MEG
|
Canada | CA$6.98 Billion |
|
DELEK GP SP.ADR/1/01/O.N
F:6D40
|
Germany | €57.21 Billion |
|
Athabasca Oil Corp
TO:ATH
|
Canada | CA$2.67 Billion |
Africa Oil 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 | 1.33 | 8.07 | 1.93 |
| Quick Ratio | 1.16 | 8.32 | 1.93 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$183.50 Million | CA$176.70 Million | CA$20.19 Million |
Africa Oil Corp - Advanced Valuation Insights
This section examines the relationship between Africa Oil 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 | 0.90 |
| Latest Market Cap to Assets Ratio | 1.33 |
| Asset Growth Rate (YoY) | -36.3% |
| Total Assets | CA$615.20 Million |
| Market Capitalization | $820.85 Million USD |
Valuation Analysis
Above Book Valuation: The market values Africa Oil Corp's assets above their book value (1.33x), reflecting positive investor sentiment about the company's future prospects.
Significant Asset Reduction: Africa Oil Corp's assets decreased by 36.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Africa Oil Corp (2000–2024)
The table below shows the annual total assets of Africa Oil Corp from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | CA$615.20 Million ≈ $445.03 Million |
-36.33% |
| 2023-12-31 | CA$966.20 Million ≈ $698.93 Million |
+5.28% |
| 2022-12-31 | CA$917.70 Million ≈ $663.85 Million |
-7.45% |
| 2021-12-31 | CA$991.62 Million ≈ $717.32 Million |
+8.91% |
| 2020-12-31 | CA$910.50 Million ≈ $658.64 Million |
+12.09% |
| 2019-12-31 | CA$812.30 Million ≈ $587.61 Million |
-14.84% |
| 2018-12-31 | CA$953.91 Million ≈ $690.04 Million |
-5.21% |
| 2017-12-31 | CA$1.01 Billion ≈ $727.95 Million |
-0.06% |
| 2016-12-31 | CA$1.01 Billion ≈ $728.41 Million |
-8.52% |
| 2015-12-31 | CA$1.10 Billion ≈ $796.22 Million |
+15.80% |
| 2014-12-31 | CA$950.55 Million ≈ $687.61 Million |
-3.77% |
| 2013-12-31 | CA$987.82 Million ≈ $714.58 Million |
+76.57% |
| 2012-12-31 | CA$559.46 Million ≈ $404.70 Million |
+83.96% |
| 2011-12-31 | CA$304.11 Million ≈ $219.99 Million |
+71.20% |
| 2010-12-31 | CA$177.64 Million ≈ $128.50 Million |
+87.56% |
| 2009-12-31 | CA$94.71 Million ≈ $68.51 Million |
+168.97% |
| 2008-12-31 | CA$35.21 Million ≈ $25.47 Million |
+40.65% |
| 2007-12-31 | CA$25.04 Million ≈ $18.11 Million |
+329.93% |
| 2006-12-31 | CA$5.82 Million ≈ $4.21 Million |
+105.59% |
| 2005-12-31 | CA$2.83 Million ≈ $2.05 Million |
+2342.57% |
| 2004-12-31 | CA$115.96K ≈ $83.89K |
+30.45% |
| 2003-12-31 | CA$88.89K ≈ $64.31K |
-71.99% |
| 2002-12-31 | CA$317.40K ≈ $229.60K |
+2870.77% |
| 2001-12-31 | CA$10.68K ≈ $7.73K |
-76.57% |
| 2000-12-31 | CA$45.61K ≈ $32.99K |
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About Africa Oil Corp
Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and production company in Nigeria, Namibia, South Africa, and Equatorial Guinea. The company holds interests in producing and development assets in deep-water Nigeria. It also has a portfolio of development and exploration assets in the west and south of Africa. The company was formerly known as Canmex Minera… Read more