Africa Net Debt vs Property Plant Equipment Analysis

AFE Stock

CAD 0.04 0.00 0.00%

Africa Energy financial indicator trend analysis is way more than just evaluating Africa Energy Corp prevailing accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Africa Energy Corp is a good investment. Please check the relationship between Africa Energy Net Debt and its Property Plant Equipment accounts. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Africa Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Net Debt vs Property Plant Equipment

Net Debt vs Property Plant Equipment Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Africa Energy Corp Net Debt account and Property Plant Equipment. At this time, the significance of the direction appears to have significant contrarian relationship.

The correlation between Africa Energy's Net Debt and Property Plant Equipment is -0.42. Overlapping area represents the amount of variation of Net Debt that can explain the historical movement of Property Plant Equipment in the same time period over historical financial statements of Africa Energy Corp, assuming nothing else is changed. The correlation between historical values of Africa Energy's Net Debt and Property Plant Equipment is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Debt of Africa Energy Corp are associated (or correlated) with its Property Plant Equipment. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Property Plant Equipment has no effect on the direction of Net Debt i.e., Africa Energy's Net Debt and Property Plant Equipment go up and down completely randomly.

Correlation Coefficient

-0.42

Relationship Direction	Negative
Relationship Strength	Very Weak

View All Relationships

Net Debt

The total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds.

Property Plant Equipment

Most indicators from Africa Energy's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Africa Energy Corp current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Africa Energy Corp. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in board of governors.

Enterprise Value is likely to climb to about 171.2 M in 2025, whereas Selling General Administrative is likely to drop slightly above 4 M in 2025.

	2022	2023	2024	2025 (projected)
Reconciled Depreciation	14K	9K	8.1K	7.7K
Interest Income	98K	95K	85.5K	107.3K

Reconciled Depreciation Interest Income

Africa Energy fundamental ratios Correlations

	Total Assets	Total Current Liabilities	Total Stockholder Equity	Net Debt	Retained Earnings	Cash	Cash And Short Term Investments	Other Stockholder Equity	Total Liab	Total Current Assets	Common Stock	Other Current Liab	Accounts Payable	Non Current Assets Total	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Other Current Assets	Intangible Assets	Net Tangible Assets	Short Long Term Debt	Short Term Debt	Property Plant And Equipment Net	Property Plant Equipment	Net Invested Capital	Long Term Investments
Total Assets		0.16	1.0	-0.14	-0.31	0.32	0.32	0.08	0.4	0.31	0.78	0.02	0.36	0.98	-0.18	0.7	0.14	0.35	-0.14	0.8	-0.38	-0.58	-0.62	-0.63	0.93	0.93
Total Current Liabilities	0.16		0.14	-0.43	0.37	0.42	0.42	0.24	0.45	0.42	-0.16	0.67	0.43	0.1	0.19	-0.22	0.03	-0.07	0.31	-0.18	0.17	0.15	0.13	0.11	-0.04	-0.04
Total Stockholder Equity	1.0	0.14		-0.14	-0.3	0.31	0.31	0.06	0.38	0.3	0.78	0.0	0.34	0.98	-0.19	0.69	0.12	0.35	-0.14	0.79	-0.38	-0.57	-0.61	-0.63	0.93	0.93
Net Debt	-0.14	-0.43	-0.14		-0.56	-0.95	-0.95	-0.6	0.14	-0.95	0.29	-0.17	0.4	-0.03	-0.43	0.44	0.5	0.22	-0.26	0.3	-0.28	-0.38	-0.45	-0.42	0.06	0.09
Retained Earnings	-0.31	0.37	-0.3	-0.56		0.35	0.35	0.18	-0.38	0.37	-0.8	0.19	-0.55	-0.31	0.7	-0.83	-0.55	-0.67	0.77	-0.75	0.79	0.86	0.82	0.8	-0.54	-0.55
Cash	0.32	0.42	0.31	-0.95	0.35		1.0	0.72	0.12	1.0	-0.03	0.17	-0.22	0.2	0.39	-0.2	-0.25	-0.15	0.18	-0.05	0.18	0.2	0.24	0.22	0.13	0.11
Cash And Short Term Investments	0.32	0.42	0.31	-0.95	0.35	1.0		0.72	0.12	1.0	-0.03	0.17	-0.22	0.2	0.39	-0.2	-0.25	-0.15	0.18	-0.05	0.18	0.2	0.24	0.22	0.13	0.11
Other Stockholder Equity	0.08	0.24	0.06	-0.6	0.18	0.72	0.72		0.39	0.73	-0.04	0.28	-0.12	-0.01	0.54	-0.1	0.2	-0.35	0.16	-0.05	0.26	0.19	0.1	0.11	-0.06	-0.06
Total Liab	0.4	0.45	0.38	0.14	-0.38	0.12	0.12	0.39		0.13	0.54	0.39	0.77	0.38	0.01	0.53	0.8	0.08	0.0	0.53	-0.11	-0.34	-0.51	-0.49	0.36	0.38
Total Current Assets	0.31	0.42	0.3	-0.95	0.37	1.0	1.0	0.73	0.13		-0.05	0.18	-0.22	0.19	0.41	-0.22	-0.25	-0.16	0.2	-0.06	0.2	0.22	0.25	0.23	0.11	0.09
Common Stock	0.78	-0.16	0.78	0.29	-0.8	-0.03	-0.03	-0.04	0.54	-0.05		-0.11	0.58	0.78	-0.5	0.97	0.5	0.55	-0.51	0.98	-0.66	-0.86	-0.89	-0.88	0.89	0.9
Other Current Liab	0.02	0.67	0.0	-0.17	0.19	0.17	0.17	0.28	0.39	0.18	-0.11		0.44	0.05	0.41	-0.07	0.33	-0.13	0.19	-0.08	0.07	0.0	-0.11	-0.12	-0.05	-0.05
Accounts Payable	0.36	0.43	0.34	0.4	-0.55	-0.22	-0.22	-0.12	0.77	-0.22	0.58	0.44		0.37	-0.34	0.59	0.75	0.38	-0.25	0.57	-0.42	-0.58	-0.65	-0.63	0.42	0.44
Non Current Assets Total	0.98	0.1	0.98	-0.03	-0.31	0.2	0.2	-0.01	0.38	0.19	0.78	0.05	0.37		-0.13	0.72	0.2	0.31	-0.13	0.82	-0.36	-0.58	-0.64	-0.65	0.94	0.94
Net Receivables	-0.18	0.19	-0.19	-0.43	0.7	0.39	0.39	0.54	0.01	0.41	-0.5	0.41	-0.34	-0.13		-0.5	0.03	-0.77	0.65	-0.39	0.75	0.67	0.51	0.51	-0.33	-0.33
Common Stock Shares Outstanding	0.7	-0.22	0.69	0.44	-0.83	-0.2	-0.2	-0.1	0.53	-0.22	0.97	-0.07	0.59	0.72	-0.5		0.56	0.56	-0.54	0.96	-0.69	-0.9	-0.93	-0.92	0.84	0.86
Non Current Liabilities Total	0.14	0.03	0.12	0.5	-0.55	-0.25	-0.25	0.2	0.8	-0.25	0.5	0.33	0.75	0.2	0.03	0.56		0.06	-0.18	0.54	-0.19	-0.4	-0.57	-0.54	0.25	0.28
Other Current Assets	0.35	-0.07	0.35	0.22	-0.67	-0.15	-0.15	-0.35	0.08	-0.16	0.55	-0.13	0.38	0.31	-0.77	0.56	0.06		-0.68	0.46	-0.93	-0.8	-0.6	-0.61	0.46	0.47
Intangible Assets	-0.14	0.31	-0.14	-0.26	0.77	0.18	0.18	0.16	0.0	0.2	-0.51	0.19	-0.25	-0.13	0.65	-0.54	-0.18	-0.68		-0.46	0.85	0.76	0.58	0.58	-0.44	-0.44
Net Tangible Assets	0.8	-0.18	0.79	0.3	-0.75	-0.05	-0.05	-0.05	0.53	-0.06	0.98	-0.08	0.57	0.82	-0.39	0.96	0.54	0.46	-0.46		-0.58	-0.82	-0.87	-0.86	0.92	0.92
Short Long Term Debt	-0.38	0.17	-0.38	-0.28	0.79	0.18	0.18	0.26	-0.11	0.2	-0.66	0.07	-0.42	-0.36	0.75	-0.69	-0.19	-0.93	0.85	-0.58		0.92	0.75	0.76	-0.58	-0.58
Short Term Debt	-0.58	0.15	-0.57	-0.38	0.86	0.2	0.2	0.19	-0.34	0.22	-0.86	0.0	-0.58	-0.58	0.67	-0.9	-0.4	-0.8	0.76	-0.82	0.92		0.92	0.93	-0.77	-0.77
Property Plant And Equipment Net	-0.62	0.13	-0.61	-0.45	0.82	0.24	0.24	0.1	-0.51	0.25	-0.89	-0.11	-0.65	-0.64	0.51	-0.93	-0.57	-0.6	0.58	-0.87	0.75	0.92		1.0	-0.77	-0.78
Property Plant Equipment	-0.63	0.11	-0.63	-0.42	0.8	0.22	0.22	0.11	-0.49	0.23	-0.88	-0.12	-0.63	-0.65	0.51	-0.92	-0.54	-0.61	0.58	-0.86	0.76	0.93	1.0		-0.78	-0.79
Net Invested Capital	0.93	-0.04	0.93	0.06	-0.54	0.13	0.13	-0.06	0.36	0.11	0.89	-0.05	0.42	0.94	-0.33	0.84	0.25	0.46	-0.44	0.92	-0.58	-0.77	-0.77	-0.78		1.0
Long Term Investments	0.93	-0.04	0.93	0.09	-0.55	0.11	0.11	-0.06	0.38	0.09	0.9	-0.05	0.44	0.94	-0.33	0.86	0.28	0.47	-0.44	0.92	-0.58	-0.77	-0.78	-0.79	1.0

Click cells to compare fundamentals

Africa Energy Account Relationship Matchups

Africa Energy fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	244.0M	267.2M	257.4M	138.8M	159.7M	103.0M
Total Current Liabilities	1.8M	1.7M	3.4M	161K	144.9K	137.7K
Total Stockholder Equity	242.2M	265.6M	249.0M	131.8M	151.6M	99.8M
Net Debt	(19.6M)	(10.9M)	(1.8M)	5.1M	5.9M	6.2M
Retained Earnings	(122.5M)	(100.9M)	(121.7M)	(241.5M)	(217.3M)	(206.5M)
Cash	19.6M	10.9M	6.8M	1.7M	1.5M	1.5M
Cash And Short Term Investments	19.6M	10.9M	6.8M	1.7M	1.5M	1.5M
Liabilities And Stockholders Equity	244.0M	267.2M	257.4M	138.8M	159.7M	103.0M
Other Stockholder Equity	6.8M	8.1M	10.1M	12.7M	11.4M	8.5M
Total Liab	1.8M	1.7M	8.4M	7.0M	8.0M	8.4M
Total Current Assets	20.0M	11.2M	7.3M	1.8M	1.6M	1.6M
Common Stock	152.6M	357.9M	358.4M	360.6M	414.7M	435.4M
Accounts Payable	413K	1.8M	1.7M	3.4M	3.9M	4.1M
Non Current Assets Total	224.0M	256.1M	250.2M	137.0M	157.6M	109.8M
Net Receivables	151K	194K	344K	56K	50.4K	47.9K
Common Stock Shares Outstanding	873.8M	1.4B	1.4B	1.4B	1.6B	1.7B
Intangible Assets	6.8M	7.0M	7.2M	6.5M	5.9M	5.6M
Net Tangible Assets	34.4M	235.1M	259.0M	249.0M	286.4M	300.7M
Property Plant Equipment	22K	74K	42K	10K	9K	8.6K
Net Invested Capital	242.2M	265.6M	254.0M	138.7M	159.5M	156.9M
Long Term Investments	216.8M	249.5M	250.2M	137M	157.6M	145.7M
Net Working Capital	18.2M	9.5M	3.9M	1.7M	1.9M	1.8M
Capital Stock	152.6M	357.9M	358.4M	360.6M	414.7M	319.5M
Short Long Term Debt Total	19K	2K	5M	6.8M	7.8M	8.2M

Thematic Opportunities

Explore Investment Opportunities

Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.

Explore Investing Ideas

Additional Tools for Africa Stock Analysis

When running Africa Energy's price analysis, check to measure Africa Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Africa Energy is operating at the current time. Most of Africa Energy's value examination focuses on studying past and present price action to predict the probability of Africa Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Africa Energy's price. Additionally, you may evaluate how the addition of Africa Energy to your portfolios can decrease your overall portfolio volatility.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC