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Westjet Airlines (FRA:WC41) Capex-to-Operating-Cash-Flow : 0.31 (As of Sep. 2019)


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What is Westjet Airlines 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.

Westjet Airlines's Capital Expenditure for the three months ended in Sep. 2019 was €-97.56 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2019 was €310.92 Mil.

Hence, Westjet Airlines's Capex-to-Operating-Cash-Flow for the three months ended in Sep. 2019 was 0.31.


Westjet Airlines Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Westjet Airlines'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.

Westjet Airlines Capex-to-Operating-Cash-Flow Chart

Westjet Airlines Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.29 1.09 1.31 0.92 0.85

Westjet Airlines Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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 0.51 2.20 1.31 0.62 0.31

Competitive Comparison of Westjet Airlines's Capex-to-Operating-Cash-Flow

For the Airlines subindustry, Westjet Airlines'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.


Westjet Airlines's Capex-to-Operating-Cash-Flow Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Westjet Airlines's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Westjet Airlines Capex-to-Operating-Cash-Flow Calculation

Westjet Airlines's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2018 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-422.608) / 496.273
=0.85

Westjet Airlines's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2019 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-97.555) / 310.918
=0.31

* 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.


Westjet Airlines  (FRA:WC41) 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.


Westjet Airlines Capex-to-Operating-Cash-Flow Related Terms

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Westjet Airlines (FRA:WC41) Business Description

Traded in Other Exchanges
N/A
Address
22 Aerial Place N.E., Calgary, AB, CAN, T2E 3J1
WestJet is a Canadian airline based in Calgary, Alberta. WestJet operates WestJet Vacations, which provides air, hotel, car, and excursion packages and in 2013 launched WestJet Encore, a regional airline that operates Q400 turboprops, servicing smaller destinations. It also plans to launch an ultra-low-cost carrier (branded Swoop) in 2018. WestJet services over 100 destinations in North America, Central America, the Caribbean, and Europe. The carrier generated roughly CAD 4.5 billion in revenue in 2017.

Westjet Airlines (FRA:WC41) Headlines

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