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Italgas SpA (MIL:IG) Capex-to-Operating-Cash-Flow : 0.72 (As of Jun. 2024)


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What is Italgas SpA 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.

Italgas SpA's Capital Expenditure for the six months ended in Jun. 2024 was €-379.01 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2024 was €529.55 Mil.

Hence, Italgas SpA's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2024 was 0.72.


Italgas SpA Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Italgas SpA'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.

Italgas SpA Capex-to-Operating-Cash-Flow Chart

Italgas SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 0.97 0.98 0.98 1.42 1.51

Italgas SpA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.78 5.00 1.14 2.00 0.72

Competitive Comparison of Italgas SpA's Capex-to-Operating-Cash-Flow

For the Utilities - Regulated Gas subindustry, Italgas SpA'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.


Italgas SpA's Capex-to-Operating-Cash-Flow Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Italgas SpA's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Italgas SpA Capex-to-Operating-Cash-Flow Calculation

Italgas SpA's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-861.902) / 572.672
=1.51

Italgas SpA's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-379.007) / 529.549
=0.72

* 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.


Italgas SpA  (MIL:IG) 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.


Italgas SpA Capex-to-Operating-Cash-Flow Related Terms

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Italgas SpA Business Description

Industry
Traded in Other Exchanges
Address
Via Carlo Bo 11, Milano, ITA, 20143
Italgas SpA is an Italy-based company engaged in the business of natural gas distribution. The distribution service consists of transporting gas through local pipeline networks, from points of delivery at the reduction and measurement stations interconnected with the transport networks up to the final delivery points to customers. In addition, the company is also engaged in metering activities, which consist of determining, gathering, making available, and archiving metering data on natural gas withdrawn over the distribution networks. It derives a majority of its revenue from natural gas distribution activity. The other activities of the company are the distribution and sale of water and providing technical, engineering, IT assistance, and other services.

Italgas SpA Headlines

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