Africa Energy Corp
Africa Energy Corp. operates as an oil and gas exploration and production company in South Africa and Namibia. It holds a 27.5% participating interest in the Exploration Right for Block 2B offshore that covers an area of 3,062 square kilometers located in the west coast of South Africa; 43.85% interest in the Petroleum Exploration License 37 covering an area of 17,295 square kilometers located in the northern Namibian offshore region; and 49% interest in the Exploration Right for Block 11B/12B covering an area of approximately 19,000 square kilometers located in the Outeniqua Basin off the southern coast of South Africa. The company was formerly known as Horn Petroleum Corporation and changed its name to Africa Energy Corp. in March 2015. Africa Energy Corp. was incorporated in 2010 and is headquartered in Vancouver, Canada. Show More...
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Website https://www.africaenergycorp.com
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Sector Energy
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Industry Oil & Gas E&P
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Last Quote 0.07 EUR
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Last Updated 30-07-2025
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External Links Yahoo Finance Morningstar Ratios
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Interest Coverage
The interest coverage ratio is a debt ratio and profitability ratio used to determine how easily a company can pay interest on its outstanding debt.
Reference: Investopedia -
2011-05 2011-12 2012-12 2013-12 2014-12 2015-12 2016-12 2017-12 2018-12 2019-12 TTM Earnings Per Share USD -0.22 -0.05 0.03 0.02 -0.95 -0.03 -0.02 -0.010 -0.02 -0.010 -0.010 Dividends USD Payout Ratio % * Shares Mil 1.0 21.0 88.0 97.0 97.0 122.0 255.0 319.0 560.0 684.0 700.0 Book Value Per Share * EUR 0.74 0.7 0.78 0.010 0.010 0.03 0.07 0.05 0.07 Free Cash Flow Per Share * EUR -0.37 -0.06 -0.02 -0.02 -0.02 -0.010 -0.010 Return on Assets % -49.56 -1.33 3.31 2.31 -193.48 -69.83 -34.11 -27.35 -42.38 -10.48 -7.85 Financial Leverage (Average) 1.21 1.1 1.08 1.0 1.35 1.08 1.03 1.44 1.0 1.01 1.03 Return on Equity % -60.16 -1.46 3.59 2.4 -195.15 -78.53 -35.73 -32.95 -46.45 -10.55 -8.0 Return on Invested Capital % -60.7 -6.81 3.54 2.39 -195.15 -78.7 -35.81 -33.38 -48.43 -10.72 -8.19 Interest Coverage -1.65 Current Ratio 5.68 8.4 1.76 12.26 3.82 13.25 18.75 0.65 41.99 5.75 15.33 Quick Ratio 5.68 8.39 1.74 12.07 3.68 12.98 18.27 0.61 39.4 5.57 15.3 Debt/Equity