USD 1.38
| ticker | 1 day return % | 1 week return % | 1 month return % | 3 months return % | 6 months return % | 1 year return % | 3 years return % | 5 years return % | 10 years return % | maximum return % |
|---|---|---|---|---|---|---|---|---|---|---|
| AOIFF | -2.1 | -6.1 | 8.7 | 0.7 | -22.5 | -25.8 | -14.3 | 17.9 | -32.0 | 34.0 |
| S&P 500 | 1.0 | 3.7 | 2.1 | 2.3 | 8.2 | 25.4 | 31.0 | 80.6 | 196.5 | 33856.2 |
Our interactive price chart includes various drawing tools to help you analyze the product more effectively. Below is a quick guide on how to use these tools: Full Guideline
Feel free to experiment with these tools to enhance your technical analysis. Remember, any drawings you make are temporary and will be lost upon refreshing the page unless saved as an image using the 'Camera' icon.
Get instant AI-powered professional insights on prices:
💡Generate AI Technical Analysis ReportA Multi-Interval Candlestick Chart displays the price movements of an asset over different time intervals. Each candlestick represents the open, high, low, and close prices for a specific interval. The chart can be used to identify trends and patterns in price movements.
| Attribute | Value |
|---|---|
| symbol | AOIFF |
| name | Africa Oil Corp. |
| price | 1.38 |
| changes percentage | -2.1277 |
| change | -0.03 |
| day low | 1.37 |
| day high | 1.39 |
| year high | 1.97 |
| year low | 1.24 |
| market cap | 605927640 |
| price avg 50 | 1.3678 |
| price avg 200 | 1.554 |
| exchange | PNK |
| volume | 15800 |
| avg volume | 134485 |
| open | 1.39 |
| previous close | 1.41 |
| eps | -0.82 |
| pe | -1.68 |
| earnings announcement | 2025-02-24T21:00:00.000+0000 |
| shares outstanding | 439078000 |
| timestamp | 2025-01-17 20:55:45 |
We derive the score of a company's financial statements by evaluating the weighted average sentiment across key within the statements. The cumulative score, normalized to a sum of 1, serves as a metric for assessing the company's performance during the specified period. A higher score indicates stronger performance. However, it's crucial to note that while this score provides valuable insights, it is just one of many factors to consider when making informed investment decisions. A holistic evaluation, considering various aspects of the company's financial health and market conditions, is essential for a well-rounded investment strategy.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000000000 | |||
| revenue | 0 | 0 | NaN |
| gross profit | -203667 | 0 | NaN |
| gross profit ratio | 0 | 0 | NaN |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 31900000 | 27000000 | 18.15 |
| interest income | 7800000 | 2400000 | 225.00 |
| interest expense | 7535707 | 3500000 | 115.31 |
| ebitda | -87882639 | -27000000 | -225.49 |
| ebitdaratio | 0 | 0 | NaN |
| operating income | -32688674 | -59200000 | 44.78 |
| operating income ratio | 0 | 0 | NaN |
| net income | 87100000 | -57900000 | 250.43 |
| net income ratio | 0 | 0 | NaN |
| eps | 0.19 | -0.12 | 258.33 |
Gross Profit: Gross Profit decreased to 0 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates a sales profitability decline, which is a negative sign for the company.
Operating Expenses: Operating Expenses increased to 32 million in 2023 from 27 million in 2022 representing a change of 18.15%. The increase in operating expenses can be attributed to various factors such as marketing, administrative costs, and investments in infrastructure. It's important to monitor if these expenses are growing at a sustainable rate compared to revenue.
Operating Income: Operating income decreased to -33 million in 2023 from -59 million in 2022 representing a change of 44.78%. The decrease in operating income indicates worse operational performance and decreased profitability.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) increased to -88 million in 2023 from -27 million in 2022 representing a change of -225.49%. The increase in EBITDA indicates improved operational efficiency and profitability.
Net Income: Net income increased to 87 million in 2023 from -58 million in 2022 representing a change of 250.43%. The increase in net income shows improved profitability and indicates that the company is generating more profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to 0.19 in 2023 from 0.19 in 2022 representing a change of 258.33%. This indicates that the company's earnings are increasing and it is becoming more profitable on a per-share basis.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000000000 | |||
| revenue | 0 | 0 | NaN |
| gross profit | 0 | -299938 | 100.00 |
| gross profit ratio | 0 | 0 | NaN |
| research and development expenses | 0 | 0 | NaN |
| operating expenses | 290300000 | 700000 | 41371.43 |
| interest income | 2400000 | 2400000 | 0.00 |
| interest expense | 1300000 | 1300000 | 0.00 |
| ebitda | -287900000 | -7798391 | -3591.79 |
| ebitdaratio | 0 | 0 | NaN |
| operating income | -290300000 | -700000 | -41371.43 |
| operating income ratio | 0 | 0 | NaN |
| net income | -289200000 | 400000 | -72400.00 |
| net income ratio | 0 | 0 | NaN |
| eps | -0.65 | 0.0 | -72322.22 |
Gross Profit: Gross Profit increased to 0 million in 2024Q3 from 0 million in 2024Q2 representing a change of 100.0%. This indicates a sales profitability growth, which is a positive sign for the company.
Operating Expenses: Operating Expenses decreased to 290 million in 2024Q3 from 1 million in 2024Q2 representing a change of 41371.43%. The decrease in operating expenses can be attributed to various factors such as improved profitability, cost optimization and financial stability, lower operating expenses can be positive indicators.
EBITDA: EBITDA (Earnings Before Interest, Taxes, Depreciation, and Amortization) decreased to -288 million in 2024Q3 from -8 million in 2024Q2 representing a change of -3591.79%. The decrease in EBITDA indicates declined operational efficiency and profitability.
Operating Income: Operating income decreased to -290 million in 2024Q3 from -1 million in 2024Q2 representing a change of -41371.43%. The decrease in operating income indicates worse operational performance and decreased profitability.
Net Income: Net income decreased to -289 million in 2024Q3 from 0 million in 2024Q2 representing a change of -72400.0%. The decrease in net income shows worsen profitability and indicates that the company is generating less profit for each dollar of revenue.
Earnings per Share (EPS): EPS increased to -0.65 in 2024Q3 from -0.65 in 2024Q2 representing a change of -72322.22%. This indicates that the company's earnings are decreasing and it is becoming less profitable on a per-share basis.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000000000 | |||
| total assets | 966200000 | 917700000 | 5.28 |
| total liabilities | 71233672 | 87100000 | -18.22 |
| total equity | 894600000 | 830600000 | 7.71 |
| cash and cash equivalents | 232000000 | 199300000 | 16.41 |
| short term investments | 832573 | 0 | NaN |
| long term investments | 706367427 | 651000000 | 8.50 |
| total current assets | 237100000 | 201100000 | 17.90 |
| total non current assets | 729100000 | 716600000 | 1.74 |
| total current liabilities | 22400000 | 44500000 | -49.66 |
| total non current liabilities | 48948278 | 42600000 | 14.90 |
| common stock | 1265300000 | 1267700000 | -0.19 |
| retained earnings | -432300000 | -496300000 | 12.90 |
| total debt | 0 | 0 | NaN |
Total Assets: Total Assets increased to 966 million in 2023 from 918 million in 2022 representing a change of 5.28%. Suggesting a growth in asset holdings.
Total Liabilities: Total Liabilities decreased to 71 million in 2023 from 87 million in 2022 representing a change of -18.22%. This indicates a decrease in overall liabilities.
Total Equity: Total Equity increased to 895 million in 2023 from 831 million in 2022 representing a change of 7.71%. This indicates an increase in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents increased to 232 million in 2023 from 199 million in 2022 representing a change of 16.41%. This indicates an increase in available liquid assets.
Short Term Investments: Short Term Investments increased to 1 million in 2023 from 0 million in 2022 representing a change of nan%. This indicates an increase in short-term investment holdings.
Total Current Assets: Total Current Assets increased to 237 million in 2023 from 201 million in 2022 representing a change of 17.9%. This indicates a better liquidity position.
Total Current Liabilities: Total Current Liabilities decreased to 22 million in 2023 from 44 million in 2022 representing a change of -49.66%. This indicates a lower short-term debt burden.
Retained Earnings: Retained Earnings increased to -432 million in 2023 from -496 million in 2022 representing a change of 12.9%. This indicates an accumulated profits.
Common Stock: Common Stock decreased to 1,265 in 2023 from 1,268 in 2022 representing a change of -0.19%. This indicates a decrease in ownership interest.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000000000 | |||
| total assets | 616100000 | 923464549 | -33.28 |
| total liabilities | 67400000 | 76288810 | -11.65 |
| total equity | 548700000 | 847300000 | -35.24 |
| cash and cash equivalents | 136100000 | 185600000 | -26.67 |
| short term investments | 0 | 0 | NaN |
| long term investments | 434200000 | 700400000 | -38.01 |
| total current assets | 150100000 | 192400000 | -21.99 |
| total non current assets | 466000000 | 731200000 | -36.27 |
| total current liabilities | 16700000 | 25800000 | -35.27 |
| total non current liabilities | 50700000 | 50492593 | 0.41 |
| common stock | 1207300000 | 1205600000 | 0.14 |
| retained earnings | -740200000 | -439900000 | -68.27 |
| total debt | 3500000 | 3500000 | 0.00 |
Total Assets: Total Assets decreased to 616 million in 2024Q3 from 923 million in 2024Q2 representing a change of -33.28%. Suggesting a decrease in asset holdings.
Total Equity: Total Equity decreased to 549 million in 2024Q3 from 847 million in 2024Q2 representing a change of -35.24%. This indicates a decrease in shareholders' equity.
Cash And Cash Equivalents: Cash And Cash Equivalents decreased to 136 million in 2024Q3 from 186 million in 2024Q2 representing a change of -26.67%. This indicates a decrease in available liquid assets.
Total Current Assets: Total Current Assets decreased to 150 million in 2024Q3 from 192 million in 2024Q2 representing a change of -21.99%. This indicates a worsen liquidity position.
Retained Earnings: Retained Earnings decreased to -740 million in 2024Q3 from -440 million in 2024Q2 representing a change of -68.27%. This indicates an accumulated losses.
Total Liabilities: Total Liabilities decreased to 67 million in 2024Q3 from 76 million in 2024Q2 representing a change of -11.65%. This indicates a decrease in overall liabilities.
Total Current Liabilities: Total Current Liabilities decreased to 17 million in 2024Q3 from 26 million in 2024Q2 representing a change of -35.27%. This indicates a lower short-term debt burden.
Common Stock: Common Stock increased to 1,207 in 2024Q3 from 1,206 in 2024Q2 representing a change of 0.14%. This indicates an increase in ownership interest.
| 2023 | 2022 | Y/Y change % | |
|---|---|---|---|
| 0000000000 | |||
| net change in cash | 32300000 | 140800000 | -77.06 |
| operating cash flow | -53300000 | -16300000 | -226.99 |
| free cash flow | -53300000 | -19469245 | -173.77 |
| capital expenditure | 0 | -3169245 | 100.00 |
| depreciation and amortization | 0 | 170600 | -100.00 |
| deferred income tax | -11707335 | -170600 | -6762.45 |
| stock based compensation | 11300000 | 9500000 | 18.95 |
| accounts payables | 0 | 0 | NaN |
| inventory | 0 | 0 | NaN |
| acquisitions net | -44400000 | -24800000 | -79.03 |
| investments in property plant and equipment | 0 | -3169245 | 100.00 |
| net cash used for investing activites | 114700000 | 220200000 | -47.91 |
| debt repayment | 0 | 0 | NaN |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | -6000000 | -39900000 | 84.96 |
| dividends paid | -23100000 | -22856980 | -1.06 |
| net cash used provided by financing activities | -29100000 | -63200000 | 53.96 |
| cash at end of period | 232000000 | 199700000 | 16.17 |
| accounts receivables | 0 | 0 | NaN |
| cash at beginning of period | 199700000 | 58900000 | 239.05 |
Net Change in Cash: Net Change in Cash decreased to 32 million in 2023 from 141 million in 2022 representing a change of -77.06%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow decreased to -53 million in 2023 from -16 million in 2022 representing a change of -226.99%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to -53 million in 2023 from -19 million in 2022 representing a change of -173.77%. This indicates a decrease in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure increased to 0 million in 2023 from -3 million in 2022 representing a change of 100.0%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Stock-Based Compensation: Stock-Based Compensation increased to 11 million in 2023 from 10 million in 2022 representing a change of 18.95%. This indicates increased expenses, which is generally considered a negative sign from a financial perspective.
Dividends Paid: Dividends Paid decreased to -23 million in 2023 from -23 million in 2022 representing a change of -1.06%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
| 2024Q3 | 2024Q2 | Q/Q change % | |
|---|---|---|---|
| 0000000000 | |||
| operating cash flow | -10300000 | 16631680 | -161.93 |
| free cash flow | -10300000 | 15703194 | -165.59 |
| capital expenditure | 0 | -928486 | 100.00 |
| depreciation and amortization | 0 | 0 | NaN |
| deferred income tax | 0 | 0 | NaN |
| stock based compensation | -500000 | 1300000 | -138.46 |
| accounts receivables | 0 | 0 | NaN |
| accounts payables | 0 | 0 | NaN |
| inventory | 0 | 0 | NaN |
| acquisitions net | -27500000 | 0 | NaN |
| investments in property plant and equipment | 0 | -928486 | 100.00 |
| net cash used for investing activites | -28900000 | -1129219 | -2459.29 |
| debt repayment | -100000 | 0 | NaN |
| common stock issued | 0 | 0 | NaN |
| common stock repurchased | 0 | -25200000 | 100.00 |
| dividends paid | -11100000 | 0 | NaN |
| net cash used provided by financing activities | -11200000 | -25301924 | 55.73 |
| net change in cash | -49500000 | -9725688 | -408.96 |
| cash at end of period | 136100000 | 185572780 | -26.66 |
| cash at beginning of period | 185600000 | 195298468 | -4.97 |
Net Change in Cash: Net Change in Cash decreased to -50 million in 2024Q3 from -10 million in 2024Q2 representing a change of -408.96%. Indicating a declined ability to generate cash from the company's operations or its cash flow position.
Operating Cash Flow: Operating Cash Flow decreased to -10 million in 2024Q3 from 17 million in 2024Q2 representing a change of -161.93%. This indicates that the company generated less cash from its core business operations.
Free Cash Flow: Free Cash Flow decreased to -10 million in 2024Q3 from 16 million in 2024Q2 representing a change of -165.59%. This indicates a decrease in cash generated after accounting for capital expenditures.
Capital Expenditure: Capital Expenditure increased to 0 million in 2024Q3 from -1 million in 2024Q2 representing a change of 100.0%. This indicates an increase in the cash outflow required for acquiring or improving long-term assets.
Dividends Paid: Dividends Paid decreased to -11 million in 2024Q3 from 0 million in 2024Q2 representing a change of nan%. This indicates a weaker financial position, less confidence in future prospects, and a reluctance to return value to shareholders.
Stock-Based Compensation: Stock-Based Compensation decreased to 0 million in 2024Q3 from 1 million in 2024Q2 representing a change of -138.46%. This indicates decreased expenses, which is generally considered a positive sign from a financial perspective.
We save you time by utilizing Generative AI to summarize earnings transcripts. Our summaries provide a clear insight into the company's current performance, future outlook, and overall sentiment expressed during the call. Click on below links to explore more.
Note: The years mentioned below are fiscal years in accounting.
Q3 2024 Earnings call transcript
EPS represents the portion of a company's profit allocated to each outstanding share of common stock. A higher EPS is generally favorable, indicating stronger profitability on a per-share basis.
Positive EPS: A positive EPS signifies that a company is profitable, it is generally viewed positively, supporting stock value and investor confidence.
Negative EPS: Indicates that a company is operating at a loss, which could lead to negative sentiment, potential stock depreciation, and concerns about the company's financial health.
The Next Earning Date represents when the company plans to release its next set of financial results.
An upward trend in EPS suggests consistent growth in earnings, often leading to increased investor confidence. A downward trend may indicate a decline in earnings, potentially decreasing investor confidence and stock value. Fluctuating EPS suggests unpredictable financial performance, warranting cautious investor analysis.
Earnings surprise occurs when a company's actual earnings differ from analysts' expectations. A positive earnings surprise typically reflects better-than-expected performance, potentially leading to stock appreciation. Conversely, a negative earnings surprise can result in stock depreciation. An earnings surprise of zero means the earnings met expectations, which typically has a neutral impact on stock price.
Discover detailed analyst recommendations for stocks, including categories such as Buy, Hold, Sell, Strong Buy, and Strong Sell. These insights are based on thorough analysis of financial and market factors. The consensus is calculated by assigning a numerical score to each recommendation. These scores are then weighted and averaged over a specified period to provide a comprehensive view of the stock's outlook, with the final score determining the overall consensus.
| 2023-12-31 | 2022-12-31 | Y/Y change % | |
|---|---|---|---|
| FY | |||
| calendar year | 2023 | 2022 | NaN |
| revenue per share | 0 | 0 | NaN |
| net income per share | 0.0 | -0.12 | 100.15 |
| operating cash flow per share | -0.11 | -0.03 | -220.56 |
| free cash flow per share | -0.11 | -0.03 | -220.56 |
| cash per share | 0.48 | 0.42 | 14.12 |
| book value per share | 1.85 | 1.75 | 5.59 |
| tangible book value per share | 1.85 | 1.75 | 5.59 |
| shareholders equity per share | 1.85 | 1.75 | 5.59 |
| interest debt per share | 0 | 0.01 | -100.00 |
| market cap | 908371925.18 | 871351267.61 | 4.25 |
| enterprise value | 676371925.18 | 672051267.61 | 0.64 |
| pe ratio | 10429.07 | -15.05 | 69399.62 |
| price to sales ratio | 0 | 0 | NaN |
| pocfratio | -17.04 | -53.46 | 68.12 |
| pfcf ratio | -17.04 | -53.46 | 68.12 |
| pb ratio | 1.02 | 1.05 | -3.21 |
| ptb ratio | 1.02 | 1.05 | -3.21 |
| ev to sales | 0 | 0 | NaN |
| enterprise value over ebitda | -21.2 | -24.89 | 14.82 |
| ev to operating cash flow | -12.69 | -41.23 | 69.22 |
| ev to free cash flow | -12.69 | -41.23 | 69.22 |
| earnings yield | 0.0 | -0.07 | 100.14 |
| free cash flow yield | -0.06 | -0.02 | -213.67 |
| debt to equity | 0 | 0 | NaN |
| debt to assets | 0 | 0 | NaN |
| net debt to ebitda | 7.27 | 7.38 | -1.47 |
| current ratio | 10.58 | 4.52 | 134.22 |
| interest coverage | 0 | 31.83 | -100.00 |
| income quality | -0.61 | 0.27 | -326.38 |
| dividend yield | 0.03 | 0.03 | -6.90 |
| payout ratio | 265.21 | -0.41 | 64620.16 |
| sales general and administrative to revenue | 0 | 0 | NaN |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0.0 | 0.0 | -71.48 |
| capex to operating cash flow | 0 | 0 | NaN |
| capex to revenue | 0 | 0 | NaN |
| capex to depreciation | 0 | 0 | NaN |
| stock based compensation to revenue | 0 | 0 | NaN |
| graham number | 0.09 | 2.19 | -96.05 |
| roic | 0.09 | 0.12 | -24.84 |
| return on tangible assets | 0.0 | -0.06 | 100.14 |
| graham net net | 0.33 | 0.24 | 40.15 |
| working capital | 214700000 | 156600000 | 37.10 |
| tangible asset value | 894580900 | 830536400 | 7.71 |
| net current asset value | 165500000 | 114000000 | 45.18 |
| invested capital | 233819100 | 220263600 | 6.15 |
| average receivables | 0 | 329000 | -100.00 |
| average payables | 0 | 0 | NaN |
| average inventory | 0 | 186200 | -100.00 |
| days sales outstanding | 0 | 0 | NaN |
| days payables outstanding | 0 | 0 | NaN |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 0 | 0 | NaN |
| payables turnover | 0 | 0 | NaN |
| inventory turnover | 0 | 0 | NaN |
| roe | 0.0 | -0.07 | 100.14 |
| capex per share | 0 | 0 | NaN |
ROE: Return on Equity (ROE) increased to 0.00 on 2023-12-31 from -0.07 on 2022-12-31, representing a change of 100.14%. However, ROE is <= 5%, suggesting that the company has not been generating high returns for its shareholders.
Current Ratio: Current Ratio increased to 10.58 on 2023-12-31 from 4.52 on 2022-12-31, representing a change of 134.22%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
PE Ratio: Price-to-Earnings (P/E) Ratio increased to 10429.07 on 2023-12-31 from -15.05 on 2022-12-31, representing a change of 69399.62%. Indicating an increase in the relative valuation of the company's stock.
| 2024-09-30 Q3 | 2024-06-30 Q2 | Q/Q change % | |
|---|---|---|---|
| AOIFF | |||
| calendar year | 2024 | 2024 | NaN |
| revenue per share | 0 | 0 | NaN |
| net income per share | 0 | 0.0 | -100.00 |
| operating cash flow per share | 0 | -0.02 | 100.00 |
| free cash flow per share | 0 | -0.02 | 100.00 |
| cash per share | 0 | 0.4 | -100.00 |
| book value per share | 0 | 1.82 | -100.00 |
| tangible book value per share | 0 | 1.76 | -100.00 |
| shareholders equity per share | 0 | 1.82 | -100.00 |
| interest debt per share | 0 | 0.01 | -100.00 |
| market cap | 0 | 867497619.04 | -100.00 |
| enterprise value | -132600000 | 685397619.04 | -119.35 |
| pe ratio | 0 | 542.19 | -100.00 |
| price to sales ratio | 0 | 0 | NaN |
| pocfratio | 0 | -105.79 | 100.00 |
| pfcf ratio | 0 | -105.79 | 100.00 |
| pb ratio | 0 | 1.02 | -100.00 |
| ptb ratio | 0 | 1.02 | -100.00 |
| ev to sales | 0 | 0 | NaN |
| enterprise value over ebitda | 0.46 | 403.18 | -99.89 |
| ev to operating cash flow | 12.87 | -83.59 | 115.40 |
| ev to free cash flow | 12.87 | -83.59 | 115.40 |
| earnings yield | None | 0.0 | NaN |
| free cash flow yield | 0 | -0.01 | 100.00 |
| debt to equity | 0.01 | 0.0 | 54.42 |
| debt to assets | 0.01 | 0.0 | 49.91 |
| net debt to ebitda | 0.46 | -107.12 | 100.43 |
| current ratio | 8.99 | 7.46 | 20.53 |
| interest coverage | -223.31 | -0.54 | -41371.43 |
| income quality | 0.04 | -20.5 | 100.17 |
| dividend yield | None | 0 | NaN |
| payout ratio | -0.04 | 0 | NaN |
| sales general and administrative to revenue | 0 | 0 | NaN |
| research and ddevelopement to revenue | 0 | 0 | NaN |
| intangibles to total assets | 0 | 0.03 | -100.00 |
| capex to operating cash flow | 0 | 0 | NaN |
| capex to revenue | 0 | 0 | NaN |
| capex to depreciation | 0 | 0 | NaN |
| stock based compensation to revenue | 0 | 0 | NaN |
| graham number | 0 | 0.19 | -100.00 |
| roic | -0.48 | -0.0 | -61996.55 |
| return on tangible assets | -0.47 | 0.0 | -105281.77 |
| graham net net | 0 | 0.23 | -100.00 |
| working capital | 133400000 | 166600000 | -19.93 |
| tangible asset value | 548700000 | 820000000 | -33.09 |
| net current asset value | 82700000 | 116100000 | -28.77 |
| invested capital | 165200000 | 224700000 | -26.48 |
| average receivables | 3500000 | 0 | NaN |
| average payables | 6150000 | 12050000 | -48.96 |
| average inventory | 0 | -3100000 | 100.00 |
| days sales outstanding | 0 | 0 | NaN |
| days payables outstanding | 0 | 0 | NaN |
| days of inventory on hand | 0 | 0 | NaN |
| receivables turnover | 0 | 0 | NaN |
| payables turnover | 0 | 0 | NaN |
| inventory turnover | 0 | 0 | NaN |
| roe | -0.53 | 0.0 | -111745.33 |
| capex per share | 0 | 0 | NaN |
ROE: Return on Equity (ROE) decreased to -0.53 on 2024-09-30 Q3 from 0.00 on 2024-06-30 Q2, representing a change of -111745.33%. Suggesting that the company has not been generating high returns for its shareholders.
PE Ratio: Price-to-Earnings (P/E) Ratio decreased to 0.00 on 2024-09-30 Q3 from 542.19 on 2024-06-30 Q2, representing a change of -100.00%. Indicating a decrease in the relative valuation of the company's stock.
Current Ratio: Current Ratio increased to 8.99 on 2024-09-30 Q3 from 7.46 on 2024-06-30 Q2, representing a change of 20.53%. The current ratio has been increasing, suggesting an increase in the company's short-term liquidity. Since it's above 3, indicating poor management of working capital.
Debt-to-Equity Ratio: Debt-to-Equity Ratio increased to 0.01 on 2024-09-30 Q3 from 0.00 on 2024-06-30 Q2, representing a change of 54.42%. The debt-to-equity ratio has been increasing, indicating that the company has been relying more on debt financing. Higher leverage may increase financial risk. However, a ratio of 1 or below is often considered healthy and indicates that the company's total debt is equal to or less than its total equity.
Negative Sentiment: Discounted Cash Flow value is 0.49 which is lower than current price 1.38, indicates the company may be overvalued.
| Market Capitalization | Enterprise Value | |
|---|---|---|
| Definition | The total market value of a company's outstanding shares | The total market value of a company, including its debt and other liabilities |
| Calculation | Current share price * Total number of outstanding shares | Market capitalization + Total debt - Cash and cash equivalents |
| Focus | Equity component of a company's value | Total economic value of a company |
| Usefulness | Assesses a company's size and growth potential based on investor sentiment | Provides a more comprehensive valuation that considers both equity and debt |
Analyzing dividends is a crucial aspect of investment evaluation, offering valuable insights into a company's financial health and its commitment to shareholder returns. Dividends represent a portion of a company's profits distributed to its shareholders, providing a steady income stream. We help you analyze dividends based on the indicators mentioned below:
• Investors often assess the average dividend amount, observing trends over time to gauge the company's stability and growth potential. A positive trend in average dividends indicates a consistent and potentially lucrative investment. Additionally, evaluating the trend of dividend increases provides insight into the company's financial strength and management's confidence in future earnings.
• Consistency in paying dividends is a reassuring sign, reflecting a company's reliability and commitment to shareholder value. For investors, dividends not only offer income but also contribute to the overall total return on investment.
• Companies with a history of regular and increasing dividends can attract income-focused investors seeking stable returns, making dividends a critical factor in building a well-rounded investment portfolio.
Interested in the overall sentiment for a particular period? Check out our news sentiment analysis tool.
Sentiment: Negative
Publish Date: 2025-01-16 09:55:43
AOIFF completes a transaction with Eco (Atlantic) Oil & Gas to raise its stake in Block 3B/4B in the Orange Basin offshore South Africa to 18%.
Sentiment: Positive
Publish Date: 2025-01-13 05:04:05
Africa Oil Corporation's share repurchase program aims to reduce outstanding shares by 6% annually, enhancing shareholder value alongside a robust dividend policy. The company is expanding through strategic agreements and increased ownership of promising assets, ensuring future growth and strong cash flow. With a projected $200 million in capex and $400 million in operating cash flow, Africa Oil expects substantial free cash flow, supporting shareholder returns.
Sentiment: Negative
Publish Date: 2025-01-13 03:16:14
Eco (Atlantic) Oil & Gas Ltd (AIM:ECO, TSX-V:EOG) has completed its transaction with Africa Oil Corp (TSX:AOI), which saw the sale of 1% of Block 3B/4B. The AIM-quoted firm's stake has reduced to 5.25% as a result.
Sentiment: Positive
Publish Date: 2024-11-21 11:48:10
Africa Oil Corp (TSX:AOI) announced the completion of a strategic acquisition, raising its stake in Impact Oil and Gas Limited to 39.5% on a fully diluted basis. In the deal it purchased an additional 7% interest, acquiring 80.16 million shares at a price of £0.57 per share.
Sentiment: Positive
Publish Date: 2024-11-20 08:48:16
Africa Oil's Q3 2024 net loss of US$289.2 million was due to a non-cash impairment; adjusted net income was US$25.3 million, with strong EBITDAX and free cash flow. Production increased by 13.3% in Q3 2024, with further growth expected; no planned maintenance shutdowns for the rest of 2024. The company resumed share buybacks and plans high-yield dividends, presenting an attractive investment opportunity as the stock is undervalued.
Sentiment: Positive
Publish Date: 2024-11-18 04:43:40
Africa Oil Corp.'s acquisition of Prime Oil and Gas will double FCF and provide substantial shareholder returns, with a combined market cap of $875 million. AOIFF has a strong portfolio, including a 39.5% stake in Impact Oil & Gas, worth over half of its market cap. The reliable cash flow from Prime Oil and Gas assets supports a base dividend policy of $100 million, yielding 11%, with potential for a 33% yield.
Sentiment: Neutral
Publish Date: 2024-11-15 14:04:43
Africa Oil Corp. (OTCPK:AOIFF) Q3 2024 Earnings Conference Call November 15, 2024 9:00 AM ET Company Participants Shahin Amini - Investor Relations Manager Roger Tucker - President and Chief Executive Officer Pascal Nicodeme - Chief Financial Officer Oliver Quinn - Chief Commercial Officer Conference Call Participants Jeff Robertson - Water Tower Research David Round - Stifel Matt Cooper - Barclays Operator Hello, everyone. My name is Nadia, and I will be your conference operator today.
Sentiment: Positive
Publish Date: 2024-11-15 04:18:56
Africa Oil Corp (TSX:AOI) valuation is seen substantially higher over at Stifel, with the stockbroker repeating a ‘Buy' recommendation following this week's financial update. The Toronto-listed oil firm, which is in the process of consolidating ownership of its Nigerian operations, this week told investors it had recorded improved production and cash flow in its third quarter – seeing 17,900 boepd and $68.2 million respectively.
Sentiment: Positive
Publish Date: 2024-11-14 08:51:54
Africa Oil Corp (TSX:AOI) announced a substantial advancement in its Prime Oil & Gas Ltd. amalgamation timeline, targeting Q1 2025, significantly ahead of the initial Q3 2025 projection.
Sentiment: Positive
Publish Date: 2024-11-06 04:41:08
The completion of the farm-down of Impact's interest in Namibian blocks 2912/2913B cleared the path for Africa Oil to complete its consolidation of Prime Oil & Gas in Nigeria. Owning 100% of Prime will double production, enabling 11.63%-yielding dividends. Nigerian regulatory approval of the Prime consolidation and the 20-year PML-52 extension de-risk these dividends for the foreseeable future. In this article, I argue that AOIFF's recent pullback has made the stock deeply undervalued, with around 100% upside. A series of near-term catalysts, along with an expected tripling.
Sentiment: Positive
Publish Date: 2024-11-01 09:12:00
Africa Oil Corp (TSX:AOI) announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has renewed Petroleum Mining Lease 52 (PML 52) for 20 years effective from November 24, 2024 PML 52, operated by Chevron affiliates, covers 62.46% of the Agbami field, a prolific offshore asset known for its high-quality, light oil production. Discovered in 1998, the Agbami field reached a peak output of 250,000 barrels per day in 2009, with average daily production in 2023 at approximately 98,000 barrels.
Sentiment: Positive
Publish Date: 2024-10-31 09:38:00
Africa Oil Corp (TSX:AOI) announced that the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has approved the amalgamation of its subsidiary Africa Oil Papa Corp with BTG Pactual Holding S.à r.l. This transaction will allow Africa Oil to consolidate its 100% ownership of Prime Oil & Gas Coöperatief U.A.
* The sentiment analysis presented is generated through an algorithm and may be subject to inaccuracies. Users are advised to corroborate key information and employ further analytical methods prior to making critical decisions.
Get instant AI-powered professional insights:
💡Generate AI Technical Analysis ReportUnderstand the chart below:
Interpret Technical Indicators
| Indicator | Bullish | Bearish |
|---|---|---|
| Price and EMA ⓘ | Price crosses above EMA | Price crosses below EMA |
| Short-Term vs Long-Term EMA ⓘ | Short EMA crosses above Long EMA | Short EMA crosses below Long EMA |
| Volume ⓘ | Increasing volume during price uptrend | Increasing volume during price downtrend |
| MACD ⓘ | MACD crosses above Signal Line | MACD crosses below Signal Line |
| RSI ⓘ | RSI is below 30 (oversold) and starts to rise above 30 | RSI is above 70 (overbought) and starts to decline below 70 |
| Candlestick Patterns ⓘ | Bullish candlestick patterns | Bearish candlestick patterns |
Copyright © 2024 Sirius Investors
All rights reserved
