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Harvest Miracle Capital Bhd (XKLS:0060) Capex-to-Operating-Cash-Flow : 8.02 (As of Dec. 2023)


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What is Harvest Miracle Capital Bhd 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.

Harvest Miracle Capital Bhd's Capital Expenditure for the three months ended in Dec. 2023 was RM-6.02 Mil. Its Cash Flow from Operations for the three months ended in Dec. 2023 was RM0.75 Mil.

Hence, Harvest Miracle Capital Bhd's Capex-to-Operating-Cash-Flow for the three months ended in Dec. 2023 was 8.02.


Harvest Miracle Capital Bhd Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Harvest Miracle Capital Bhd'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.

Harvest Miracle Capital Bhd Capex-to-Operating-Cash-Flow Chart

Harvest Miracle Capital Bhd Annual Data
Trend Dec12 Dec13 Dec14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.14 - - 0.02 0.42

Harvest Miracle Capital Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - 0.10 - 0.03 8.02

Competitive Comparison of Harvest Miracle Capital Bhd's Capex-to-Operating-Cash-Flow

For the Information Technology Services subindustry, Harvest Miracle Capital Bhd'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.


Harvest Miracle Capital Bhd's Capex-to-Operating-Cash-Flow Distribution in the Software Industry

For the Software industry and Technology sector, Harvest Miracle Capital Bhd's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Harvest Miracle Capital Bhd's Capex-to-Operating-Cash-Flow falls into.



Harvest Miracle Capital Bhd Capex-to-Operating-Cash-Flow Calculation

Harvest Miracle Capital Bhd'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
=- (-27.714) / 66.734
=0.42

Harvest Miracle Capital Bhd's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-6.024) / 0.751
=8.02

* 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.


Harvest Miracle Capital Bhd  (XKLS:0060) 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.


Harvest Miracle Capital Bhd Capex-to-Operating-Cash-Flow Related Terms

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Harvest Miracle Capital Bhd (XKLS:0060) Business Description

Traded in Other Exchanges
Address
No 685, Jalan Damansara, TTDI, 9-3A, Oval Tower, Damansara, Wilayah Persekutuan, Kuala Lumpur, SGR, MYS, 60000
Harvest Miracle Capital Bhd is an investment holding company. It operates in seven segments that are IT and ICT, Property Construction, Investment Properties, Property development, Plantation, Money lending business, and Investment holding. It generates the vast majority of its revenue from the IT and ICT segment that is engaged in trading in IT and ICT-related products and software development and support services and others. Its product categories include the Vacuum valve and Rupture Disk. Geographically, it operates only in Malaysia.

Harvest Miracle Capital Bhd (XKLS:0060) Headlines

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