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Hong Kong Aircraft Engineering Co (Hong Kong Aircraft Engineering Co) Capex-to-Operating-Cash-Flow : 0.41 (As of Jun. 2018)


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What is Hong Kong Aircraft Engineering 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.

Hong Kong Aircraft Engineering Co's Capital Expenditure for the six months ended in Jun. 2018 was $-45.50 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2018 was $111.51 Mil.

Hence, Hong Kong Aircraft Engineering Co's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2018 was 0.41.


Hong Kong Aircraft Engineering Co Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Hong Kong Aircraft Engineering 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.

Hong Kong Aircraft Engineering Co Capex-to-Operating-Cash-Flow Chart

Hong Kong Aircraft Engineering Co Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 0.60 1.03 0.71 1.00

Hong Kong Aircraft Engineering Co Semi-Annual Data
Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18
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 0.80 0.65 0.96 1.04 0.41

Competitive Comparison of Hong Kong Aircraft Engineering Co's Capex-to-Operating-Cash-Flow

For the Airports & Air Services subindustry, Hong Kong Aircraft Engineering 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.


Hong Kong Aircraft Engineering Co's Capex-to-Operating-Cash-Flow Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Hong Kong Aircraft Engineering Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Hong Kong Aircraft Engineering Co's Capex-to-Operating-Cash-Flow falls into.



Hong Kong Aircraft Engineering Co Capex-to-Operating-Cash-Flow Calculation

Hong Kong Aircraft Engineering Co's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2017 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-107.9) / 107.644
=1.00

Hong Kong Aircraft Engineering Co's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2018 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-45.495) / 111.506
=0.41

* 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.


Hong Kong Aircraft Engineering Co  (OTCPK:HKAEY) 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.


Hong Kong Aircraft Engineering Co Capex-to-Operating-Cash-Flow Related Terms

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Hong Kong Aircraft Engineering Co (Hong Kong Aircraft Engineering Co) Business Description

Traded in Other Exchanges
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Address
Hong Kong Aircraft Engineering Co Ltd operates as an independent aircraft engineering and maintenance company. The global firm offers airframe, line, component, engine, cabin integration, and inventory management services. Its operating segments are primarily designated by region: Hong Kong, Americas, Xiamen, and TEXL (Taikoo Engine Services). HAECO offers round-the-clock support to various airline customers and has relationships with original-equipment manufacturers to provide technical and engineering expertise. In addition, the company provides technical training staff, industry partners, and the public with training and license examination services. Asia accounts for the majority of total revenue.

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