Africa Oil Balance Sheet Health

Financial Health criteria checks 6/6

Africa Oil has a total shareholder equity of $894.6M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $966.2M and $71.6M respectively.

Key information

0%

Debt to equity ratio

US$0

Debt

Interest coverage ration/a
CashUS$232.00m
EquityUS$894.60m
Total liabilitiesUS$71.60m
Total assetsUS$966.20m

Recent financial health updates

No updates

Recent updates

Is Africa Oil Corp. (TSE:AOI) Trading At A 29% Discount?

Feb 02
Is Africa Oil Corp. (TSE:AOI) Trading At A 29% Discount?

Africa Oil's(TSE:AOI) Share Price Is Down 34% Over The Past Five Years.

Feb 28
Africa Oil's(TSE:AOI) Share Price Is Down 34% Over The Past Five Years.

Financial Position Analysis

Short Term Liabilities: AOI's short term assets ($237.1M) exceed its short term liabilities ($22.4M).

Long Term Liabilities: AOI's short term assets ($237.1M) exceed its long term liabilities ($49.2M).


Debt to Equity History and Analysis

Debt Level: AOI is debt free.

Reducing Debt: AOI had no debt 5 years ago.

Debt Coverage: AOI has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: AOI has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


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