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AZ Electronic Materials (FRA:OAZ) Capex-to-Operating-Cash-Flow : 0.12 (As of Dec. 2013)


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What is AZ Electronic Materials 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.

AZ Electronic Materials's Capital Expenditure for the six months ended in Dec. 2013 was €-6.64 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2013 was €55.12 Mil.

Hence, AZ Electronic Materials's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2013 was 0.12.


AZ Electronic Materials Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for AZ Electronic Materials'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.

AZ Electronic Materials Capex-to-Operating-Cash-Flow Chart

AZ Electronic Materials Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Capex-to-Operating-Cash-Flow
0.32 0.20 0.32 0.34 0.23

AZ Electronic Materials Semi-Annual Data
Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial 0.17 0.34 0.34 0.42 0.12

Competitive Comparison of AZ Electronic Materials's Capex-to-Operating-Cash-Flow

For the Specialty Chemicals subindustry, AZ Electronic Materials'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.


AZ Electronic Materials's Capex-to-Operating-Cash-Flow Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, AZ Electronic Materials's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where AZ Electronic Materials's Capex-to-Operating-Cash-Flow falls into.



AZ Electronic Materials Capex-to-Operating-Cash-Flow Calculation

AZ Electronic Materials's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2013 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-20.878) / 89.279
=0.23

AZ Electronic Materials's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2013 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-6.643) / 55.115
=0.12

* 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.


AZ Electronic Materials  (FRA:OAZ) 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.


AZ Electronic Materials Capex-to-Operating-Cash-Flow Related Terms

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AZ Electronic Materials (FRA:OAZ) Business Description

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AZ Electronic Materials SA is a Luxembourg- based company engaged in producing and supplying specialty chemicals. It focuses on three business areas Integrated Circuits which involves dielectrics, underlayers, yield enhancers, CMP slurries and pattern enhancers, Display Materials and AZ products such as specialty chemicals and materials used in integrated circuits and devise as well as flat panel displays and photolithographic printing.

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