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Torque Metals (ASX:TOR) Capex-to-Operating-Cash-Flow : 0.00 (As of Dec. 2023)


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What is Torque Metals 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.

Torque Metals's Capital Expenditure for the six months ended in Dec. 2023 was A$-2.59 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was A$-0.79 Mil.

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


Torque Metals Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Torque Metals'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.

Torque Metals Capex-to-Operating-Cash-Flow Chart

Torque Metals Annual Data
Trend Jun21 Jun22 Jun23
Capex-to-Operating-Cash-Flow
- - -

Torque Metals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial - - 22.55 - -

Competitive Comparison of Torque Metals's Capex-to-Operating-Cash-Flow

For the Gold subindustry, Torque Metals'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.


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

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

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



Torque Metals Capex-to-Operating-Cash-Flow Calculation

Torque Metals'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
=- (-3.506) / -0.271
=N/A

Torque Metals'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
=- (-2.587) / -0.788
=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.


Torque Metals  (ASX:TOR) 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.


Torque Metals Capex-to-Operating-Cash-Flow Related Terms

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Torque Metals (ASX:TOR) Business Description

Traded in Other Exchanges
N/A
Address
16 - 18 Nicholson Road, Unit 8, Subiaco, WA, AUS, 6008
Torque Metals Ltd is a smart exploration company with a discovery methodology, combining drilling results with machine learning algorithms and geological interpretation. The company has three projects namely; New Dawn Lithium Project, Bullfinch Gold Project, and Paris Gold Project. The Company operates in one segment being exploration in Western Australia, Australia.

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