What is Kelt Exploration 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.
Hence, Kelt Exploration's Capex-to-Operating-Cash-Flow for the
three
months ended in Mar. 2024 was 1.28.
Kelt Exploration Capex-to-Operating-Cash-Flow Historical Data
The historical data trend for Kelt Exploration'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.
Kelt Exploration Capex-to-Operating-Cash-Flow Chart
Competitive Comparison of Kelt Exploration's Capex-to-Operating-Cash-Flow
For the Oil & Gas E&P subindustry, Kelt Exploration'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.
Kelt Exploration's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Kelt Exploration's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Kelt Exploration's Capex-to-Operating-Cash-Flow falls into.
Kelt Exploration Capex-to-Operating-Cash-Flow Calculation
Kelt Exploration's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Kelt Exploration (FRA:2KE) 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.
Kelt Exploration Capex-to-Operating-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Kelt Exploration's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Kelt Exploration Ltd is an oil and gas company that focuses on the exploration, development, and production of crude oil and natural gas in northwestern Alberta and northeastern British Columbia. Assets for production are acquired through the purchase of other corporate entities or through a full-cycle exploration program. Kelt traditionally focuses its exploration activities on areas with multizone hydrocarbon potential in Canada. The company owns pipeline infrastructure in some of its core regions to help move its products to domestic markets. Product offerings for the energy firm consist of crude oil, natural gas liquids, and natural gas, with a majority of revenue delivered by Gas production.
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