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Hire Technologies (Hire Technologies) Capex-to-Operating-Cash-Flow : 0.00 (As of Sep. 2022)


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What is Hire Technologies 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.

Hire Technologies's Capital Expenditure for the three months ended in Sep. 2022 was $-0.02 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2022 was $-0.77 Mil.

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


Hire Technologies Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Hire Technologies'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.

Hire Technologies Capex-to-Operating-Cash-Flow Chart

Hire Technologies Annual Data
Trend Mar18 Mar19 Dec20 Dec21
Capex-to-Operating-Cash-Flow
- - - -

Hire Technologies Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Hire Technologies's Capex-to-Operating-Cash-Flow

For the Staffing & Employment Services subindustry, Hire Technologies'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.


Hire Technologies's Capex-to-Operating-Cash-Flow Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Hire Technologies's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Hire Technologies Capex-to-Operating-Cash-Flow Calculation

Hire Technologies's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2021 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.043) / -1.726
=N/A

Hire Technologies's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2022 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.016) / -0.765
=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.


Hire Technologies  (OTCPK:HIRRF) 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.


Hire Technologies Capex-to-Operating-Cash-Flow Related Terms

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Hire Technologies (Hire Technologies) Business Description

Traded in Other Exchanges
N/A
Address
55 Adelaide Street East, Suite 400, Toronto, ON, CAN, M5C 1K6
Hire Technologies Inc is focused on the acquisition of information technology, staffing, and HR consulting firms. The company provides cross-selling opportunities, access to proprietary operational tools, and a scalable, centralized back-office system to support growth. The company considers its operations to consist of a single reportable segment. The segment derives its revenue from the provision of recruitment and related HR services to customers. All operations occur in Canada.