Golden Enterprises (Golden Enterprises) Capex-to-Operating-Cash-Flow : 0.14 (As of May. 2016)

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What is Golden Enterprises 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.

Golden Enterprises's Capital Expenditure for the three months ended in May. 2016 was $-0.49 Mil. Its Cash Flow from Operations for the three months ended in May. 2016 was $3.56 Mil.

Hence, Golden Enterprises's Capex-to-Operating-Cash-Flow for the three months ended in May. 2016 was 0.14.

Golden Enterprises Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Golden Enterprises'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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Golden Enterprises Capex-to-Operating-Cash-Flow Chart

Golden Enterprises Annual Data

Trend

May07

May08

May09

May10

May11

May12

May13

May14

May15

May16

Capex-to-Operating-Cash-Flow

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0.91

0.90

0.73

0.66

0.17

Golden Enterprises Quarterly Data
	Aug11	Nov11	Feb12	May12	Aug12	Nov12	Feb13	May13	Aug13	Nov13	Feb14	May14	Aug14	Nov14	Feb15	May15	Aug15	Nov15	Feb16	May16
Capex-to-Operating-Cash-Flow	Get a 7-Day Free Trial															0.25	0.04	0.09	-	0.14

Competitive Comparison of Golden Enterprises's Capex-to-Operating-Cash-Flow

For the Packaged Foods subindustry, Golden Enterprises'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.

Golden Enterprises's Capex-to-Operating-Cash-Flow Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Enterprises's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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

Golden Enterprises Capex-to-Operating-Cash-Flow Calculation

Golden Enterprises's Capex-to-Operating-Cash-Flow for the fiscal year that ended in May. 2016 is calculated as

Capex-to-Operating-Cash-Flow	=	- Capital Expenditure	/	Cash Flow from Operations
	=	- (-1.183)	/	7.136
	=	0.17

Golden Enterprises's Capex-to-Operating-Cash-Flow for the quarter that ended in May. 2016 is calculated as

Capex-to-Operating-Cash-Flow	=	- Capital Expenditure	/	Cash Flow from Operations
	=	- (-0.487)	/	3.562
	=	0.14

Golden Enterprises (NAS:GLDC) 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.

Golden Enterprises Capex-to-Operating-Cash-Flow Related Terms

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Golden Enterprises (Golden Enterprises) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Golden Enterprises Inc (NAS:GLDC) » Definitions » Capex-to-Operating-Cash-Flow

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.goldenflake.com

Golden Enterprises Inc was originally organized under the laws of the State of Alabama as Magic City Food Products, Inc. on June 11, 1946. On March 11, 1958, it adopted the name Golden Flake, Inc. The Company was reorganized December 31, 1967 as a Delaware corporation without changing any of its assets, liabilities, or business. The Company produces, markets, and distributes snack products in the Southeastern United States since 1923. The Company manufactures and distributes a salted snack items, such as potato chips, tortilla chips, corn chips, fried pork skins, baked and fried cheese curls, onion rings, and puff corn. It also sells canned dips, pretzels, peanut butter crackers, cheese crackers, dried meat products, and nuts packaged by other manufacturers using the Golden Flake label. The Company purchases raw materials used in manufacturing and processing its snack food products from various sources. The Company also purchases flexible bags or other suitable wrapping material for the storage, shipment, and presentation of the finished product to its customers. It sells its products through its own sales organization and independent distributors to commercial establishments, which sell food products in Alabama, Tennessee, Georgia, Mississippi, Louisiana, Kentucky, and South Carolina as well as parts of Florida, North Carolina, Arkansas, Missouri, Oklahoma, Virginia, Indiana, and Texas. The products are distributed to its customers by either company transportation or commercial carrier out of the Birmingham and Ocala plants. The Company owns central branch warehouses in Birmingham, Montgomery, Midfield, Demopolis, Fort Payne, Muscle Shoals, Huntsville, Phoenix City, Tuscaloosa, Mobile, Dothan, and Oxford, Alabama; Gulfport and Jackson, Mississippi; Knoxville and Memphis, Tennessee; Decatur and Macon, Georgia; Panama City, Tallahassee, and Pensacola, Florida; and New Orleans, Louisiana. It competes with companies, which are engaged in the production and distribution of food products similar to those produced and sold by the Golden Enterprises, Inc. The name "Golden Flake" and its regularly used symbol are federally registered trademarks of the Company. The Company also owns other trademarks such as "The South's Original Potato Chip", a Golden Flake design from 1922, the name "Sweetheat" and certain other trademarks not used on a regular basis.

Golden Enterprises (Golden Enterprises) Headlines

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