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Corinthian Colleges (FRA:CH7) Capex-to-Operating-Cash-Flow : 1.06 (As of Jun. 2013)


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What is Corinthian Colleges 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.

Corinthian Colleges's Capital Expenditure for the six months ended in Jun. 2013 was €-33.40 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2013 was €31.49 Mil.

Hence, Corinthian Colleges's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2013 was 1.06.


Corinthian Colleges Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Corinthian Colleges'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.

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Corinthian Colleges Capex-to-Operating-Cash-Flow Chart

Corinthian Colleges Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.41 7.37 0.28 1.06

Corinthian Colleges Semi-Annual Data
Jun98 Jun99 Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
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 0.25 0.41 7.37 0.28 1.06

Competitive Comparison of Corinthian Colleges's Capex-to-Operating-Cash-Flow

For the Education & Training Services subindustry, Corinthian Colleges'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.


Corinthian Colleges's Capex-to-Operating-Cash-Flow Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Corinthian Colleges's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Corinthian Colleges Capex-to-Operating-Cash-Flow Calculation

Corinthian Colleges's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jun. 2013 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-33.398) / 31.492
=1.06

Corinthian Colleges's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2013 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-33.398) / 31.492
=1.06

* 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.


Corinthian Colleges  (FRA:CH7) 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.


Corinthian Colleges Capex-to-Operating-Cash-Flow Related Terms

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Corinthian Colleges (FRA:CH7) Business Description

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Corinthian Colleges Inc is a post-secondary education company in the United States and Canada. It offers diploma programs and associate, bachelors and master's degrees through a single operating segment. As of June 30, 2013, it has a student enrollment of 81,284 and operated 97 schools in 25 states, and 14 schools in the province of Ontario, Canada. The Company has acquired 76 colleges including the Heald acquisition and has opened 35 branch campuses. Its training program areas include healthcare, criminal justice, business, mechanical, trades, and information technology. The Company's diploma programs provide students with the requisite knowledge and job skills for entry-level positions in their chosen career.Key elements of its operating strategy includes emphasize Student Outcomes, create an Effective Learning Environment, focus on Attractive Markets, manage School and Program Performance, Standardize Key Business Processes and Centralize Key Functions.

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