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Summit Minerals (ASX:SUM) Capex-to-Operating-Cash-Flow : 0.00 (As of Dec. 2023)


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What is Summit Minerals Capex-to-Operating-Cash-Flow?

Capex-to-Operating-Cash-Flow assesses how much of a company’s cash flow from operations is being devoted to capital expenditure. It’s also useful to distinguish whether the company is capital intensive or not.

Summit Minerals's Capital Expenditure for the six months ended in Dec. 2023 was A$-0.53 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was A$-1.08 Mil.

GuruFocus do not calculate Capex-to-Operating-Cash-Flow if the Cash Flow from Operations is negative.


Summit Minerals Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Summit Minerals's Capex-to-Operating-Cash-Flow can be seen below:

* 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.

* Premium members only.

Summit Minerals Capex-to-Operating-Cash-Flow Chart

Summit Minerals Annual Data
Trend Jun23
Capex-to-Operating-Cash-Flow
-

Summit Minerals Semi-Annual Data
Dec22 Jun23 Dec23
Capex-to-Operating-Cash-Flow - - -

Competitive Comparison of Summit Minerals's Capex-to-Operating-Cash-Flow

For the Other Industrial Metals & Mining subindustry, Summit Minerals's Capex-to-Operating-Cash-Flow, along with its competitors' market caps and Capex-to-Operating-Cash-Flow data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Summit Minerals's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Summit Minerals's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Summit Minerals's Capex-to-Operating-Cash-Flow falls into.



Summit Minerals Capex-to-Operating-Cash-Flow Calculation

Summit Minerals's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.903) / -0.881
=N/A

Summit Minerals's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.534) / -1.079
=N/A

* 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.


Summit Minerals  (ASX:SUM) Capex-to-Operating-Cash-Flow Explanation

Capex-to-Operating-Cash-Flow ratio assesses how much of a company’s Cash Flow from Operations is being devoted to Capital Expenditure. It is a good indicator in terms of how much the company is focused on growth. In general, a high Capex-to-Operating-Cash-Flow ratio indicates that the company is investing more in physical assets and is focused on growth and expansion. Conversely, lower ratio could indicate that a company has reached maturity and is no longer pursuing aggressive growth.

Moreover, the ratio is also useful to distinguish whether the company is capital intensive or not. If the ratio is large, then the company tends to be capital intensive. Lower ratio suggests that it’s a capital-light business. The ratio can be combined with ROIC % to identify whether the company is an asset-light business that has a high return on invested capital. This is one question investors commonly ask to see if a company qualifies as a good company.


Summit Minerals Capex-to-Operating-Cash-Flow Related Terms

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Summit Minerals (ASX:SUM) Business Description

Traded in Other Exchanges
N/A
Address
389 Oxford Street, Level 1, Mount Hawthorn, WA, AUS, 6016
Summit Minerals Ltd engages in acquiring, exploring, and developing battery mineral projects in Australia. It holds interest in the following projects: Stallion REE Uranium Project (WA), the Windfall Antimony Project (NSW), the Phillips River Lithium Project (WA), and the Northern REE Lithium Projects (WA), and the Bridgetown Lithium Projects (WA).