Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Cash from financing is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders.
For the
three
months ended in Mar. 2026,
Reconnaissance Energy Africa received$28.01 Mil more from issuing new shares than it paid to buy back shares.
It received$0.00 Mil from issuing more debt.
It paid$0.00 Mil more to buy back preferred shares than it received from issuing preferred shares.
It received$0.00 Mil from paying cash dividends to shareholders.
It spent$1.75 Mil on other financial activities.
In all, Reconnaissance Energy Africaearned$26.25 Mil on financial activities for the
three
months ended in Mar. 2026.
Reconnaissance Energy Africa (OTCPK:RECAF) Cash Flow from Financing Explanation
Cash from financing contains six items:
1. Issuance of Stock:
A company may raise cash from issuing new shares. Issuance of stock represents the cash inflow from offering common stock, which is the additional capital contribution to the entity during the period.
Reconnaissance Energy Africa's issuance of stock for the
three
months ended in Mar. 2026 was $28.01 Mil.
2. Repurchase of Stock:
A company may raise cash from issuing new shares. It can also use cash to buy back shares. Repurchase of stock represents the cash outflow to reacquire common stock during the period.
Reconnaissance Energy Africa's repurchase of stock for the
three
months ended in Mar. 2026 was $0.00 Mil.
3. Net Issuance of Debt:
Net issuance of debt is the cash a company received or spent through debt related activities such as debt issuance or debt repayment. If a company pays down its debt during the period, this number will be negative. If a company issued more debt, it receives cash and this number is positive.
Reconnaissance Energy Africa's net issuance of debt for the
three
months ended in Mar. 2026 was $0.00 Mil.
Reconnaissance Energy Africa received$0.00 Mil from issuing more debt.
4. Net Issuance of Preferred Stock:
A company may raise cash from issuing new preferred shares. It can also use cash to buy back preferred shares. If this number is positive, it means that the company has received more cash from issuing preferred shares than it has paid to buy back preferred shares. If this number is negative, it means that company has paid more cash to buy back preferred shares than it has received for issuing preferred shares.
Reconnaissance Energy Africa's net issuance of preferred for the
three
months ended in Mar. 2026 was $0.00 Mil.
Reconnaissance Energy Africa paid$0.00 Mil more to buy back preferred shares than it received from issuing preferred shares.
5. Cash Flow for Dividends:
Cash flow for dividends refers to the payment of cash to shareholders as dividends when the company generates income.
Reconnaissance Energy Africa's cash flow for dividends for the
three
months ended in Mar. 2026 was $0.00 Mil.
Reconnaissance Energy Africa received$0.00 Mil from paying cash dividends to shareholders.
6. Other Financing:
Money spent or earned by company from other financial activities.
Reconnaissance Energy Africa's other financing for the
three
months ended in Mar. 2026 was $-1.75 Mil.
Reconnaissance Energy Africa spent$1.75 Mil on other financial activities.
Reconnaissance Energy Africa Cash Flow from Financing Related Terms
Reconnaissance Energy Africa Cash Flow from Financing Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Reconnaissance Energy Africa Cash Flow from Financing Chart
Reconnaissance Energy Africa Cash Flow from Financing Calculation
This is the cash generated/spent from financial activities such as share issuance (buy back), debt issuance (repayment), and dividends paid to preferred and common stockholders. In the calculation of free cash flow, cash from financing is not calculated because it is not related to operating activities.
Reconnaissance Energy Africa's Cash from Financing for the fiscal year that ended in Dec. 2025 is calculated as:
Cash Flow from Financing for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $53.10 Mil.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
What does a Cash Flow from Financing of $53.10 Mil mean?
Reconnaissance Energy Africa (RECAF) has a Cash Flow from Financing of $53.10 Mil as of Mar. 2026. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Reconnaissance Energy Africa and its competitors.
Is Reconnaissance Energy Africa's Cash Flow from Financing too high?
Reconnaissance Energy Africa's current Cash Flow from Financing is $53.10 Mil. Overall, Reconnaissance Energy Africa has a GF Score™ of 33/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Reconnaissance Energy Africa's Cash Flow from Financing compare to COP and EOG?
Reconnaissance Energy Africa's Cash Flow from Financing of $53.10 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cash Flow from Financing for an Oil & Gas company?
A good Cash Flow from Financing depends on the Oil & Gas industry context. However, Cash Flow from Financing should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cash Flow from Financing mean?
A high Cash Flow from Financing can signal that a stock is expensive relative to its fundamentals. Cash Flow from Financing is the amount of cash earned or paid from financing operations. View historical data for Reconnaissance Energy Africa and its competitors. Reconnaissance Energy Africa's current Cash Flow from Financing is $53.10 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Reconnaissance Energy Africa stock overvalued right now?
Based on GuruFocus' analysis, Reconnaissance Energy Africa (RECAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.61 — trading 256.5% above its estimated fair value. The current Cash Flow from Financing is $53.10 Mil. Reconnaissance Energy Africa's overall GF Score™ is 33/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cash Flow from Financing calculated?
Cash Flow from Financing is calculated from a company's financial statements. For Reconnaissance Energy Africa (RECAF), the current Cash Flow from Financing is $53.10 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Reconnaissance Energy Africa (RECAF) Overvalued in 2026?
Based on GuruFocus' analysis, Reconnaissance Energy Africa stock appears to be overvalued.
The current stock price of $0.61 is trading 256.5% above its estimated GF Value™ of $0.17.
GuruFocus considers Reconnaissance Energy Africa to be Significantly Overvalued.
Key valuation signals for RECAF:
Cash Flow from Financing: $53.10 Mil
GF Value™: $0.17 vs. price of $0.61 (256.5% above fair value)
No single metric tells the full story. See the RECAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Reconnaissance Energy Africa Ltd is a junior oil and natural gas company with a focus on exploration and development in Namibia, Botswana, Gabon and Angola. It holds a substantial interest in a petroleum exploration license in northeast Namibia which covers the entire Kavango sedimentary basin. The Company's operating segments are: the exploration and evaluation of its African assets; and the corporate segment. The corporate segment majorly aggregates costs incurred at the Company's head office in Vancouver and the operations office in Calgary.
33GF Score
Get the complete analysis for RECAF
Cash Flow from Financing is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
RECAF has been successfully added to your 
