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Bankruptcy Probability

Africa Energy Corp's probability of bankruptcy is 1%, making a collapse highly unlikely. The solvency score is 69/100 — a warning sign of potential financial weakness.

We take all the information about a company's solvency, such as how easily it can pay interest on outstanding debt, how much cash it has, the amount of debt, and more, and use it to estimate the probability of bankruptcy.

Very Low
Probability of Bankruptcy

Financial Position

Cash & Short-Term Investments
+
3Y
+74%
5Y
-84%
10Y
-54%
Long-Term Investments
+
3Y
-85%
5Y
-83%
10Y
-
Debt
+
3Y
-
5Y
-
10Y
-

Solvency Ratios

Solvency Ratios Comparison
Africa Energy Corp Competitors

Country Company Market Cap D/E D/A Interest
Coverage
Altman
Z-Score
Quick
Ratio
Current
Ratio
Cash
Ratio
CA
Africa Energy Corp
XTSX:AFE
86.2m CAD
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CA
Terrace Energy Corp
OTC:TCRRF
2.3T USD
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US
ConocoPhillips
NYSE:COP
159B USD
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CN
CNOOC Ltd
SSE:600938
817.4B CNY
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CA
Canadian Natural Resources Ltd
TSX:CNQ
138.8B CAD
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US
EOG Resources Inc
NYSE:EOG
77.2B USD
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US
Diamondback Energy Inc
NASDAQ:FANG
49.8B USD
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US
Devon Energy Corp
NYSE:DVN
46.6B USD
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AU
Woodside Energy Group Ltd
ASX:WDS
63.1B AUD
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US
EQT Corp
NYSE:EQT
31.2B USD
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US
Venture Global Inc
NYSE:VG
29.5B USD
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Is Africa Energy Corp at risk of bankruptcy?

Africa Energy Corp's probability of bankruptcy is 1%, making a collapse highly unlikely.

The probability of bankruptcy is estimated using credit risk models that assess financial health, debt levels, interest coverage, and other solvency indicators.

How much debt does Africa Energy Corp have?

As of the latest report, Africa Energy Corp has no debt.

You can find a full breakdown on its Balance Sheet.

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