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State Gas (ASX:GAS) Capex-to-Operating-Cash-Flow : 0.00 (As of Dec. 2023)


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What is State Gas 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.

State Gas's Capital Expenditure for the six months ended in Dec. 2023 was A$-5.33 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was A$-0.78 Mil.

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


State Gas Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for State Gas'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.

State Gas Capex-to-Operating-Cash-Flow Chart

State Gas Annual Data
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State Gas Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of State Gas's Capex-to-Operating-Cash-Flow

For the Oil & Gas E&P subindustry, State Gas'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.


State Gas's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, State Gas's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



State Gas Capex-to-Operating-Cash-Flow Calculation

State Gas'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
=- (-9.26) / -1.331
=N/A

State Gas'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
=- (-5.328) / -0.781
=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.


State Gas  (ASX:GAS) 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.


State Gas Capex-to-Operating-Cash-Flow Related Terms

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


State Gas (ASX:GAS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
40 Edward Street, Suite 4, Level 1, Brisbane, QLD, AUS, 4000
State Gas Ltd operates as an exploration and development of gas fields in Australia. It explores and produces liquefied natural gas. The project of the company includes Reid's Dome Conventional Gas, Santos Exploration Joint Venture and the Rolleston-West project.

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