Africa Energy Corp.
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Africa Energy Corp.'s balance sheet done over the years? Its assets were worth $138,833,000 last year, which is less than in the previous period. 5% of Africa Energy Corp.’s total assets is currently financed by debt. Its liabilities reached the amount of $6,987,000, which means an decrease by -17% compared compared to last year.
Debt to Assets
| 2014 | 1776000 | 465K | 26.18% |
|---|---|---|---|
| 2015 | 7378000 | 549K | 7.44% |
| 2016 | 17236000 | 566K | 3.28% |
| 2017 | 17457000 | 5.33M | 30.56% |
| 2018 | 44300000 | 78K | 0.18% |
| 2019 | 41908000 | 464K | 1.11% |
| 2020 | 244034000 | 1.79M | 0.74% |
| 2021 | 267240000 | 1.67M | 0.63% |
| 2022 | 257424000 | 8.39M | 3.26% |
| 2023 | 138833000 | 6.98M | 5.03% |
AFE.V Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 1.70M | 6.79M | 10.85M | 19.64M | 2.40M | 3.00M | 3.13M | 10.17M | 7.00M | 1.60M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 56K | 344K | 194K | 151K | 63K | 64K | 125K | 164K | 122K | 104K |
Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other current assets | 68K | 0 | 0 | 0 | 0 | 0 | 206K | 268K | 146K | 67K |
Total current assets | 1.83M | 7.25M | 11.15M | 19.98M | 2.55M | 3.27M | 3.46M | 10.61M | 7.27M | 1.77M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1K | 10K | 22K | 42K | 74K | 22K | 49K | 104K | 106K | 0 |
Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 0 | 0 | 6.52M | 7.16M | 7.02M | 6.82M | 6.67M | 6.52M | 0 | 0 |
Long term investments | 137M | 250.16M | 249.54M | 216.83M | 32.25M | 34.18M | 7.26M | 0 | 0 | 0 |
Other non-current assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total non-current assets | 137.00M | 250.17M | 256.09M | 224.04M | 39.35M | 41.02M | 13.99M | 6.62M | 106K | 0 |
Total assets | 138.83M | 257.42M | 267.24M | 244.03M | 41.90M | 44.3M | 17.45M | 17.23M | 7.37M | 1.77M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Short term debt | 0 | 0 | 2K | 19K | 31K | 0 | 0 | 0 | 0 | 0 |
Total current liabilities | 161K | 3.39M | 1.67M | 1.79M | 444K | 78K | 5.33M | 566K | 549K | 465K |
| Non-current liabilities: | ||||||||||
Long term debt | 6.82M | 5M | 0 | 0 | 20K | 0 | 0 | 0 | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 0 | 0 | 0 | 0 | 0 | 78K | 0 | 509K | 0 | 0 |
Total non-current liabilities | 6.82M | 5M | 0 | 0 | 20K | 78K | 5.33M | 509K | 462K | 370K |
Total liabilities | 6.98M | 8.39M | 1.67M | 1.79M | 464K | 78K | 5.33M | 566K | 549K | 465K |