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Australian Premium Solar (India) (NSE:APS) Capex-to-Operating-Cash-Flow : 0.62 (As of Mar. 2023)


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What is Australian Premium Solar (India) 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.

Australian Premium Solar (India)'s Capital Expenditure for the six months ended in Mar. 2023 was ₹-15.69 Mil. Its Cash Flow from Operations for the six months ended in Mar. 2023 was ₹25.32 Mil.

Hence, Australian Premium Solar (India)'s Capex-to-Operating-Cash-Flow for the six months ended in Mar. 2023 was 0.62.


Australian Premium Solar (India) Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Australian Premium Solar (India)'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.

Australian Premium Solar (India) Capex-to-Operating-Cash-Flow Chart

Australian Premium Solar (India) Annual Data
Trend Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
0.86 0.02 0.62

Australian Premium Solar (India) Semi-Annual Data
Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow 0.86 0.02 0.62

Competitive Comparison of Australian Premium Solar (India)'s Capex-to-Operating-Cash-Flow

For the Solar subindustry, Australian Premium Solar (India)'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.


Australian Premium Solar (India)'s Capex-to-Operating-Cash-Flow Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Australian Premium Solar (India)'s Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Australian Premium Solar (India)'s Capex-to-Operating-Cash-Flow falls into.



Australian Premium Solar (India) Capex-to-Operating-Cash-Flow Calculation

Australian Premium Solar (India)'s Capex-to-Operating-Cash-Flow for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-15.688) / 25.32
=0.62

Australian Premium Solar (India)'s Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-15.688) / 25.32
=0.62

* 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.


Australian Premium Solar (India)  (NSE:APS) 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.


Australian Premium Solar (India) Capex-to-Operating-Cash-Flow Related Terms

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Australian Premium Solar (India) (NSE:APS) Business Description

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Australian Premium Solar (India) Ltd is engaged in the manufacturing of Solar Panels and EPC Services of solar systems. It manufactures two types of solar panels: (i) Monocrystalline Solar Panel; and (ii) Polycrystalline Solar Panel. It also provide installation services for solar panels and solar pumps. Majority of the revenue is generated from manufacturing of solar panels.

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