GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ClearBridge MLP & Midstream Fund Inc. (NYSE:CEM) » Definitions » Capex-to-Operating-Cash-Flow

ClearBridge MLP & Midstream Fund (ClearBridge MLP & Midstream Fund) Capex-to-Operating-Cash-Flow : 0.00 (As of Nov. 2023)


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

What is ClearBridge MLP & Midstream 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.

ClearBridge MLP & Midstream Fund's Capital Expenditure for the six months ended in Nov. 2023 was $0.00 Mil. Its Cash Flow from Operations for the six months ended in Nov. 2023 was $13.30 Mil.

Hence, ClearBridge MLP & Midstream Fund's Capex-to-Operating-Cash-Flow for the six months ended in Nov. 2023 was 0.00.


ClearBridge MLP & Midstream Fund Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for ClearBridge MLP & Midstream 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.

ClearBridge MLP & Midstream Fund Capex-to-Operating-Cash-Flow Chart

ClearBridge MLP & Midstream Fund Annual Data
Trend Nov19 Nov20 Nov21 Nov22 Nov23
Capex-to-Operating-Cash-Flow
- - - - -

ClearBridge MLP & Midstream Fund Semi-Annual Data
Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of ClearBridge MLP & Midstream Fund's Capex-to-Operating-Cash-Flow

For the Asset Management subindustry, ClearBridge MLP & Midstream 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.


ClearBridge MLP & Midstream Fund's Capex-to-Operating-Cash-Flow Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ClearBridge MLP & Midstream Fund's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where ClearBridge MLP & Midstream Fund's Capex-to-Operating-Cash-Flow falls into.



ClearBridge MLP & Midstream Fund Capex-to-Operating-Cash-Flow Calculation

ClearBridge MLP & Midstream Fund's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Nov. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (0) / 34.967
=0.00

ClearBridge MLP & Midstream Fund's Capex-to-Operating-Cash-Flow for the quarter that ended in Nov. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (0) / 13.3
=0.00

* 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.


ClearBridge MLP & Midstream Fund  (NYSE:CEM) 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.


ClearBridge MLP & Midstream Fund Capex-to-Operating-Cash-Flow Related Terms

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


ClearBridge MLP & Midstream Fund (ClearBridge MLP & Midstream Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
ClearBridge MLP & Midstream Fund Inc. is a non-diversified, closed-end management investment company. The Fund's investment objective is to provide a high level of total return with an emphasis on cash distributions. The Fund seeks to achieve its objective by investing primarily in energy master limited partnerships (MLPs) and energy midstream entities.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jasna Dolgov other: General Counsel/Subadviser CLEARBRIDGE INVESTMENTS, 620 EIGHTH AVENUE, NEW YORK NY 10018
Guardian Life Insurance Co Of America 10 percent owner 10 HUDSON YARDS, NY NY 10001
Mutual Of Omaha Insurance Co 10 percent owner 3300 MUTUAL OF OMAHA PLAZA, OMAHA NE 68175
United Of Omaha Life Insurance Co 10 percent owner MUTUAL OF OMAHA PLZ 3RD FLOOR LAW, ATTN: JAN BROCKMAN, OMAHA NE 68175-1008
Daniel P Cronin director 235 EAST 42ND ST, NEW YORK NY 10017
William R Hutchinson director 535 N MICHIGAN STE 1012, CHICAGO IL 60611
Chris Eades other: Portfolio Manager 620 EIGHTH AVENUE, 48TH FLOOR, NEW YORK NY 10018
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Gwen L Shaneyfelt other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906