Africa Oil Corp.

Toronto Stock Exchange AOI.TO

Africa Oil Corp. Debt to Equity Ratio for the year ending December 31, 2023

Africa Oil Corp. Debt to Equity Ratio is NA for the year ending December 31, 2023. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.

Africa Oil Corp. Debt to Equity Ratio for the year ending December 31, 2020 was 0.19, a 4,309.59% change year over year.
Africa Oil Corp. Debt to Equity Ratio for the year ending December 31, 2019 was 0.00.

Key data

Date	Debt to Equity Ratio	Debt to Income Ratio	Debt to Tangible Net Worth Ratio	Dividend Coverage Ratio

Toronto Stock Exchange: AOI.TO

Africa Oil Corp.

CEO	Dr. Roger Morris Tucker
IPO Date	Aug. 8, 1996
Location	Canada
Headquarters	885 West Georgia Street
Employees	23
Sector	Energy
Industries Oil & Gas Diamonds Drilling Gold Mining Offshore Drilling Oil Sands Petrochemicals

Description

Africa Oil Corp., together with its subsidiaries, operates as an oil and gas exploration and development company in Kenya, Nigeria, and South Africa. The company holds interests in producing and development assets in deep-water Nigeria and development assets in Kenya. It also has a portfolio of exploration assets in Guyana, Kenya, Namibia, Nigeria, South Africa, Ethiopia, and in the Senegal Guinea Bissau Joint Development Zone. The company was formerly known as Canmex Minerals Corporation and changed its name to Africa Oil Corp. in August 2007. Africa Oil Corp. was incorporated in 1983 and is headquartered in Vancouver, Canada.

Key trends

Past 5 years