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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.
Citizens's Capital Expenditure for the three months ended in Sep. 2024 was $-0.37 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2024 was $9.72 Mil.
Hence, Citizens's Capex-to-Operating-Cash-Flow for the three months ended in Sep. 2024 was 0.04.
The historical data trend for Citizens'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.
Citizens Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Capex-to-Operating-Cash-Flow | Get a 7-Day Free Trial | 0.01 | 0.01 | 0.03 | - | 0.02 |
Citizens Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Capex-to-Operating-Cash-Flow | Get a 7-Day Free Trial | 0.06 | 0.02 | 0.01 | 0.03 | 0.04 |
For the Insurance - Life subindustry, Citizens'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.
For the Insurance industry and Financial Services sector, Citizens's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Citizens's Capex-to-Operating-Cash-Flow falls into.
Citizens'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 |
= | - (-0.442) | / | 22.056 | |
= | 0.02 |
Citizens's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2024 is calculated as
Capex-to-Operating-Cash-Flow | = | - Capital Expenditure | / | Cash Flow from Operations |
= | - (-0.372) | / | 9.716 | |
= | 0.04 |
* 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.
Citizens (NYSE:CIA) 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.
Thank you for viewing the detailed overview of Citizens's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Terry Sam Maness | director | 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758 |
James Keith Morgan | director | PO BOX 149151, AUSTIN TX 78714 |
Gerald W Shields | director, officer: President & CEO | 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758 |
Christopher W Claus | director | TRUECAR, INC., 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401 |
Jeffery P. Conklin | officer: VP, CFO & Treasurer | 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758 |
Harvey J. Waite | officer: VP, Chief Actuary | 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758 |
Mary Taylor | director | PO BOX 149151, AUSTIN TX 78714 |
Cynthia H Davis | director | PO BOX 149151, AUSTIN TX 78714 |
Davis Jerry Dodd Jr. | director | 11815 ALTERRA PARKWAY, SUITE 1500, AUSTIN TX 78758 |
Errol Dean Gage | director | 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758 |
Frank A Keating | director | 6100 N WESTERN AVENUE, OKLAHOMA CITY OK 73118 |
Mauldin Robert M Iii | officer: VP, Chief Marketing Officer | 2900 ESPERANZA CROSSING, 2ND FL, AUSTIN TX 78758 |
Sheryl L Kinlaw | officer: Chief Legal Officer | 11815 ALTERRA PKWY, FLOOR 15, AUSTIN TX 78758 |
Sloan Robert B Jr | director | 11815 ALTERRA PKWY, SUITE 1500, AUSTIN TX 78758 |
Fred L. Quatro | director | 2901 PENNY LANE, EULESS TX 76039 |
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