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Emirates Driving Co PJSC (ADX:DRIVE) Capex-to-Operating-Cash-Flow : 0.07 (As of Sep. 2023)


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What is Emirates Driving Co PJSC 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.

Emirates Driving Co PJSC's Capital Expenditure for the three months ended in Sep. 2023 was د.إ-5.43 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2023 was د.إ73.14 Mil.

Hence, Emirates Driving Co PJSC's Capex-to-Operating-Cash-Flow for the three months ended in Sep. 2023 was 0.07.


Emirates Driving Co PJSC Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Emirates Driving Co PJSC'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.

Emirates Driving Co PJSC Capex-to-Operating-Cash-Flow Chart

Emirates Driving Co PJSC Annual Data
Trend Dec12 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.13 0.03 0.09 0.11

Emirates Driving Co PJSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.11 0.16 0.15 0.07

Competitive Comparison of Emirates Driving Co PJSC's Capex-to-Operating-Cash-Flow

For the Education & Training Services subindustry, Emirates Driving Co PJSC'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.


Emirates Driving Co PJSC's Capex-to-Operating-Cash-Flow Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Emirates Driving Co PJSC's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Emirates Driving Co PJSC's Capex-to-Operating-Cash-Flow falls into.



Emirates Driving Co PJSC Capex-to-Operating-Cash-Flow Calculation

Emirates Driving Co PJSC's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-28.725) / 259.524
=0.11

Emirates Driving Co PJSC's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-5.433) / 73.137
=0.07

* 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.


Emirates Driving Co PJSC  (ADX:DRIVE) 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.


Emirates Driving Co PJSC Capex-to-Operating-Cash-Flow Related Terms

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Emirates Driving Co PJSC (ADX:DRIVE) Business Description

Traded in Other Exchanges
N/A
Address
Street no. 17 Mussaffah Industrial Area, Abu Dhabi, ARE
Emirates Driving Co PJSC is the driver's training and road safety institute in Abu Dhabi. The company and its subsidiaries are engaged in the management and development of motor vehicle driving training and services. The company offers these services to the national and expatriates living in the country. The firm generates its revenue from training and testing services.

Emirates Driving Co PJSC (ADX:DRIVE) Headlines

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