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Canyon Resources (ASX:CAY) Capex-to-Operating-Cash-Flow : 0.00 (As of Dec. 2023)


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What is Canyon Resources 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.

Canyon Resources's Capital Expenditure for the six months ended in Dec. 2023 was A$-1.68 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was A$-2.17 Mil.

GuruFocus do not calculate Capex-to-Operating-Cash-Flow if the Cash Flow from Operations is negative.


Canyon Resources Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Canyon Resources'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.

Canyon Resources Capex-to-Operating-Cash-Flow Chart

Canyon Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Cash-Flow
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Canyon Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Canyon Resources's Capex-to-Operating-Cash-Flow

For the Other Industrial Metals & Mining subindustry, Canyon Resources'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.


Canyon Resources's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Canyon Resources's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Canyon Resources's Capex-to-Operating-Cash-Flow falls into.



Canyon Resources Capex-to-Operating-Cash-Flow Calculation

Canyon Resources's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1.38) / -4.552
=N/A

Canyon Resources'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
=- (-1.682) / -2.172
=N/A

* 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.


Canyon Resources  (ASX:CAY) 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.


Canyon Resources Capex-to-Operating-Cash-Flow Related Terms

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Canyon Resources (ASX:CAY) Business Description

Traded in Other Exchanges
N/A
Address
945 Wellington Street, West Perth, Perth, WA, AUS, 6005
Canyon Resources Ltd is an bauxite resource development and exploration focused on expediting the development of the very high grade Minim Martap Bauxite project in central Cameroon. The company's mineral exploration projects in Burkina Faso cover an area that includes the Tao project, the Pinarello project, Taparko North Project, Derosa Project, Konkolikan Project, the Minim Martap project, and the Birsok project.

Canyon Resources (ASX:CAY) Headlines

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