Africa Oil Balance Sheet Health
Financial Health criteria checks 4/6
Africa Oil has a total shareholder equity of $847.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $923.6M and $76.3M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$185.60m |
| Equity | US$847.30m |
| Total liabilities | US$76.30m |
| Total assets | US$923.60m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: AOI's short term assets ($192.4M) exceed its short term liabilities ($25.8M).
Long Term Liabilities: AOI's short term assets ($192.4M) exceed its long term liabilities ($50.5M).
Debt to Equity History and Analysis
Debt Level: AOI is debt free.
Reducing Debt: AOI had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Insufficient data to determine if AOI has enough cash runway based on its current free cash flow.
Forecast Cash Runway: Insufficient data to determine if AOI has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.