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Armstrong World Industries (Armstrong World Industries) Capex-to-Operating-Cash-Flow : 0.24 (As of Dec. 2023)


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What is Armstrong World Industries 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.

Armstrong World Industries's Capital Expenditure for the three months ended in Dec. 2023 was $-13.70 Mil. Its Cash Flow from Operations for the three months ended in Dec. 2023 was $57.10 Mil.

Hence, Armstrong World Industries's Capex-to-Operating-Cash-Flow for the three months ended in Dec. 2023 was 0.24.


Armstrong World Industries Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Armstrong World Industries'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.

Armstrong World Industries Capex-to-Operating-Cash-Flow Chart

Armstrong World Industries Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.39 0.25 0.43 0.41 0.36

Armstrong World Industries 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 0.45 0.85 0.43 0.23 0.24

Competitive Comparison of Armstrong World Industries's Capex-to-Operating-Cash-Flow

For the Building Products & Equipment subindustry, Armstrong World Industries'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.


Armstrong World Industries's Capex-to-Operating-Cash-Flow Distribution in the Construction Industry

For the Construction industry and Industrials sector, Armstrong World Industries's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Armstrong World Industries's Capex-to-Operating-Cash-Flow falls into.



Armstrong World Industries Capex-to-Operating-Cash-Flow Calculation

Armstrong World Industries'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
=- (-83.8) / 233.5
=0.36

Armstrong World Industries'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
=- (-13.7) / 57.1
=0.24

* 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.


Armstrong World Industries  (NYSE:AWI) 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.


Armstrong World Industries Capex-to-Operating-Cash-Flow Related Terms

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Armstrong World Industries (Armstrong World Industries) Business Description

Traded in Other Exchanges
Address
2500 Columbia Avenue, Lancaster, PA, USA, 17603
Armstrong World Industries Inc is engaged in the design, innovation and manufacture of ceiling and wall solutions in the Americas. The products include mineral fiber, fiberglass wool, metal, wood, wood fiber, glass-reinforced-gypsum and felt. The company also manufactures ceiling suspension system (grid) products through a joint venture with Worthington Industries, Inc. called Worthington Armstrong Venture (WAVE).
Executives
Victor Grizzle director, officer: CEO 2500 COLUMBIA AVE, LANCASTER PA 17604-3001
Monica M. Maheshwari officer: SVP, Human Resources 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Mark A Hershey officer: See Remarks ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17604-3001
Christopher P. Calzaretta officer: SVP & CFO 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Richard D Holder director EATON CENTER, 1111 SUPERIOR AVENUE, CLEVELAND OH 44114
William H Osborne director 1415 WEST 22ND STREET, SUITE 1100, OAK BROOK IL 60523
Jill A. Crager officer: SVP Sales Operations 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Dawn M. Kirchner-king officer: SVP & CIO 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Ellen R. Romano officer: SVP, Human Resources C/O 2500 COLUMBIA AVE, LANCASTER PA 17603
Austin So officer: SVP Gen Cnsl, Compliance C/O STONEMOR PARTNERS L.P., 3600 HORIZON BOULEVARD, TREVOSE PA 19053
Charles M Chiappone officer: SVP, Ceiling Solutions 2500 COLUMBIA AVE, LANCASTER PA 17603
James T. Burge officer: Vice President & Controller 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Stephen F Mcnamara officer: VP, Controller C/O ARMSTRONG WORLD INDUSTRIES, INC., PO BOX 3001, LANCASTER PA 17604
Roy W Templin director ARMSTRONG WORLD INDUSTRIES, INC., 2500 COLUMBIA AVENUE, LANCASTER PA 17603
Barbara Loughran director 1999 BRYAN STREET, DALLAS TX 75201