Africa Oil Corp Working Capital to Net Assets Ratio
Africa Oil Corp working capital to net assets ratio. Africa Oil Corp (AOI) has a Working Capital to Net Assets ratio of 19.9% as of March 2025. Working capital of CA$183.50 Million (current assets of CA$735.10 Million minus current liabilities of CA$551.60 Million) is measured against net assets of CA$922.20 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check Africa Oil Corp tangible book value ratio to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Africa Oil Corp (2000–2024)
Working capital to net assets ratio of Africa Oil Corp from 2000 to 2024. This chart shows how Africa Oil Corp's Working Capital to Net Assets ratio has evolved across 25 annual periods from 2000 to 2024. As of March 2025, the ratio stands at 19.9%, reflecting working capital of CA$183.50 Million against net assets of CA$922.20 Million CAD. See Africa Oil Corp (AOI) liquidity interval to measure how many days the company can operate on defensive assets alone.
Africa Oil Corp Working Capital to Net Assets Ratio by Year (2000–2024)
Africa Oil Corp working capital to net assets ratio by year from 2000 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Africa Oil Corp from 2000 to 2024, covering 25 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see AOI total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 11.3% | CA$62.10 Million | CA$548.80 Million | CA$76.70 Million | CA$14.60 Million | ▼ -12.7 pp |
| 2023 | 24.0% | CA$214.70 Million | CA$894.60 Million | CA$237.10 Million | CA$22.40 Million | ▲ +5.1 pp |
| 2022 | 18.9% | CA$156.60 Million | CA$830.60 Million | CA$201.10 Million | CA$44.50 Million | ▲ +13.4 pp |
| 2021 | 5.5% | CA$51.92 Million | CA$948.06 Million | CA$59.54 Million | CA$7.62 Million | ▲ +1.6 pp |
| 2020 | 3.9% | CA$29.32 Million | CA$754.29 Million | CA$41.86 Million | CA$12.54 Million | ▼ -34.0 pp |
| 2019 | 37.9% | CA$290.75 Million | CA$766.70 Million | CA$333.73 Million | CA$42.98 Million | ▲ +1.0 pp |
| 2018 | 37.0% | CA$340.75 Million | CA$922.08 Million | CA$372.12 Million | CA$31.37 Million | ▼ -7.9 pp |
| 2017 | 44.8% | CA$436.29 Million | CA$973.45 Million | CA$468.50 Million | CA$32.21 Million | ▲ +0.3 pp |
| 2016 | 44.5% | CA$434.99 Million | CA$977.44 Million | CA$464.49 Million | CA$29.50 Million | ▲ +39.5 pp |
| 2015 | 5.0% | CA$49.52 Million | CA$991.88 Million | CA$105.83 Million | CA$56.31 Million | ▲ +3.7 pp |
| 2014 | 1.3% | CA$10.57 Million | CA$797.05 Million | CA$164.07 Million | CA$153.50 Million | ▼ -46.0 pp |
| 2013 | 47.3% | CA$439.81 Million | CA$929.85 Million | CA$497.78 Million | CA$57.98 Million | ▲ +1.6 pp |
| 2012 | 45.7% | CA$237.67 Million | CA$520.15 Million | CA$276.15 Million | CA$38.48 Million | ▲ +13.0 pp |
| 2011 | 32.7% | CA$90.20 Million | CA$275.95 Million | CA$115.48 Million | CA$25.28 Million | ▼ -9.0 pp |
| 2010 | 41.7% | CA$70.46 Million | CA$169.05 Million | CA$79.04 Million | CA$8.58 Million | ▲ +27.2 pp |
| 2009 | 14.5% | CA$12.90 Million | CA$89.23 Million | CA$17.05 Million | CA$4.15 Million | ▲ +53.5 pp |
| 2008 | -39.0% | CA$-9.71 Million | CA$24.87 Million | CA$623.90K | CA$10.34 Million | ▼ -111.2 pp |
| 2007 | 72.2% | CA$17.81 Million | CA$24.68 Million | CA$18.17 Million | CA$358.52K | ▼ -27.8 pp |
| 2006 | 100.0% | CA$5.79 Million | CA$5.79 Million | CA$5.82 Million | CA$36.89K | ▲ +0.0 pp |
| 2005 | 100.0% | CA$2.48 Million | CA$2.48 Million | CA$2.83 Million | CA$348.02K | ▲ +0.0 pp |
| 2004 | 100.0% | CA$81.11K | CA$81.11K | CA$115.96K | CA$34.86K | ▲ +0.0 pp |
| 2003 | 100.0% | CA$-4.85K | CA$-4.85K | CA$88.89K | CA$93.75K | ▲ +0.0 pp |
| 2002 | 100.0% | CA$42.61K | CA$42.61K | CA$317.40K | CA$274.79K | ▲ +0.0 pp |
| 2001 | 100.0% | CA$-384.53K | CA$-384.53K | CA$10.68K | CA$395.22K | ▲ +0.0 pp |
| 2000 | 100.0% | CA$-294.80K | CA$-294.80K | CA$45.61K | CA$340.41K | — |