GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Noranda Income Fund (OTCPK:NNDIF) » Definitions » Capex-to-Operating-Cash-Flow

Norandaome Fund (Norandaome Fund) Capex-to-Operating-Cash-Flow : 0.48 (As of Sep. 2022)


View and export this data going back to 2010. Start your Free Trial

What is Norandaome Fund 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.

Norandaome Fund's Capital Expenditure for the three months ended in Sep. 2022 was $-8.48 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2022 was $17.72 Mil.

Hence, Norandaome Fund's Capex-to-Operating-Cash-Flow for the three months ended in Sep. 2022 was 0.48.


Norandaome Fund Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Norandaome Fund'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.

Norandaome Fund Capex-to-Operating-Cash-Flow Chart

Norandaome Fund Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.15 - 1.28

Norandaome Fund Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 0.44 2.51 2.55 1.94 0.48

Competitive Comparison of Norandaome Fund's Capex-to-Operating-Cash-Flow

For the Other Industrial Metals & Mining subindustry, Norandaome Fund'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.


Norandaome Fund's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Norandaome Fund's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Norandaome Fund Capex-to-Operating-Cash-Flow Calculation

Norandaome Fund's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2021 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-47.008) / 36.713
=1.28

Norandaome Fund's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2022 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-8.478) / 17.715
=0.48

* 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.


Norandaome Fund  (OTCPK:NNDIF) 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.


Norandaome Fund Capex-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Norandaome Fund's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Norandaome Fund (Norandaome Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, First Canadian Place, Suite 6900, P.O. Box 403, Toronto, ON, CAN, M5X 1E3
Noranda Income Fund is a Canadian based income trust. The fund owns the electrolytic zinc processing facility and ancillary assets located in Salaberry-de-Valleyfield, Quebec. It produces refined zinc metal and by-products from sourced zinc concentrates. The fund's long-term objective is to maximize unitholder value and provide monthly distributions to unitholders.

Norandaome Fund (Norandaome Fund) Headlines

From GuruFocus

Noranda Income Fund Announces Fourth Quarter and Fiscal 2021 Results

By GlobeNewswire GlobeNewswire 02-25-2022

Noranda Income Fund Reports Third Quarter 2019 Financial Results

By GlobeNewswire GlobeNewswire 11-08-2019

Noranda Income Fund Annual General Meeting Voting Results

By GlobeNewswire GlobeNewswire 06-16-2021

Noranda Income Fund Receives Unitholder Meeting Requisition

By GlobeNewswire GlobeNewswire 11-25-2022

Noranda Income Fund Annual General Meeting Voting Results

By GlobeNewswire GlobeNewswire 06-16-2022

Noranda Income Fund Annual General Meeting Voting Results

By GlobeNewswire GlobeNewswire 06-19-2020

Noranda Income Fund Announces Third Quarter 2022 Results

By GlobeNewswire GlobeNewswire 11-15-2022

Noranda Income Fund Reports First Quarter 2019 Financial Results

By GlobeNewswire GlobeNewswire 04-26-2019