GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Delta Natural Gas Co Inc (NAS:DGAS) » Definitions » Capex-to-Operating-Cash-Flow

Delta Natural Gas Co (Delta Natural Gas Co) Capex-to-Operating-Cash-Flow : 2.50 (As of Jun. 2017)


View and export this data going back to 1981. Start your Free Trial

What is Delta Natural Gas Co 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.

Delta Natural Gas Co's Capital Expenditure for the three months ended in Jun. 2017 was $-3.31 Mil. Its Cash Flow from Operations for the three months ended in Jun. 2017 was $1.32 Mil.

Hence, Delta Natural Gas Co's Capex-to-Operating-Cash-Flow for the three months ended in Jun. 2017 was 2.50.


Delta Natural Gas Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Delta Natural Gas Co'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.

Delta Natural Gas Co Capex-to-Operating-Cash-Flow Chart

Delta Natural Gas Co Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.47 0.48 0.43 0.85

Delta Natural Gas Co Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.48 - 1.50 0.13 2.50

Competitive Comparison of Delta Natural Gas Co's Capex-to-Operating-Cash-Flow

For the Utilities - Regulated Gas subindustry, Delta Natural Gas Co'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.


Delta Natural Gas Co's Capex-to-Operating-Cash-Flow Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Delta Natural Gas Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Delta Natural Gas Co's Capex-to-Operating-Cash-Flow falls into.



Delta Natural Gas Co Capex-to-Operating-Cash-Flow Calculation

Delta Natural Gas Co's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jun. 2017 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-8.726) / 10.253
=0.85

Delta Natural Gas Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2017 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-3.314) / 1.324
=2.50

* 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.


Delta Natural Gas Co  (NAS:DGAS) 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.


Delta Natural Gas Co Capex-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Delta Natural Gas Co's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Delta Natural Gas Co (Delta Natural Gas Co) Business Description

Traded in Other Exchanges
N/A
Address
Delta Natural Gas Co Inc was incorporated under the laws of the Commonwealth of Kentucky on October 7, 1949. The Company distributes or transports natural gas. Its distribution and transmission systems are located in central and southeastern Kentucky, and it owns and operates an underground natural gas storage field in southeastern Kentucky. The Company transport natural gas to industrial customers who purchase their natural gas in the open market. It also transports natural gas on behalf of local producers and customers not on its distribution system and extract liquids from natural gas in its storage field and on its pipeline systems that are sold at market prices. The Company operates through two segments, a regulated segment and a non-regulated segment. Through regulated segment, the company distributes natural gas to their retail customers in 23 predominantly rural counties. In addition, the regulated segment transports natural gas to large-volume customers on its system who purchase their natural gas in the open market. The regulated segment also transports natural gas on behalf of local producers and other customers not on its distribution system. The non-regulated segment includes three wholly-owned subsidiaries. Two of these subsidiaries, Delta Resources and Delgasco, purchase natural gas in the open market, including natural gas from Kentucky producers. The Company resells this natural gas to industrial customers on its distribution system and to others not on its system. The competes with alternate sources of energy for its regulated distribution customers. These alternate sources include electricity, geo-thermal, coal, oil, propane, wood and solar.

Delta Natural Gas Co (Delta Natural Gas Co) Headlines