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Anite (LSE:AIE) Capex-to-Operating-Cash-Flow : 0.33 (As of Apr. 2015)


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What is Anite 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.

Anite's Capital Expenditure for the six months ended in Apr. 2015 was £-5.99 Mil. Its Cash Flow from Operations for the six months ended in Apr. 2015 was £18.18 Mil.

Hence, Anite's Capex-to-Operating-Cash-Flow for the six months ended in Apr. 2015 was 0.33.


Anite Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Anite'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.

Anite Capex-to-Operating-Cash-Flow Chart

Anite Annual Data
Trend Apr06 Apr07 Apr08 Apr09 Apr10 Apr11 Apr12 Apr13 Apr14 Apr15
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.56 0.34 0.37 0.38 0.34

Anite Semi-Annual Data
Oct05 Apr06 Oct06 Apr07 Oct07 Apr08 Oct08 Apr09 Oct09 Apr10 Oct10 Apr11 Oct11 Apr12 Oct12 Apr13 Oct13 Apr14 Oct14 Apr15
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 Premium Member Only 0.29 0.63 0.25 0.36 0.33

Competitive Comparison of Anite's Capex-to-Operating-Cash-Flow

For the Software - Application subindustry, Anite'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.


Anite's Capex-to-Operating-Cash-Flow Distribution in the Software Industry

For the Software industry and Technology sector, Anite's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Anite Capex-to-Operating-Cash-Flow Calculation

Anite's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Apr. 2015 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-9.473) / 27.948
=0.34

Anite's Capex-to-Operating-Cash-Flow for the quarter that ended in Apr. 2015 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-5.99) / 18.18
=0.33

* 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.


Anite  (LSE:AIE) 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.


Anite Capex-to-Operating-Cash-Flow Related Terms

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Anite (LSE:AIE) Business Description

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Anite PLC is a company incorporated in United Kingdom on March 7, 1984. It is a wireless testing company engaged in developing the software and hardware helping deliver the mobile technologies. The Company provides mobile device, infrastructure and network testing systems including hardware and software. The Company operates in two segments; Handset testing and Network testing. The Handset testing is a wireless test system enabling manufacturers to design efficient chipsets, mobile devices and network equipment. The Network testing technology enables mobile network operators and manufacturers to test and optimise their networks. The Company's Handset testing products include; Development Testing, Conformance Testing, Interoperability Testing, Propsim OTA Testing, Propsim Virtual Drive Testing, Propsim 802.11ac/n Testing, Propsim MANET Testing, Propsim Aerospace Testing, & Triton. The Company's Network testing products include; Nemo Outdoor, Nemo Handy, Nemo Walker Air, Nemo Invex, Nemo FSR1, Nemo Autonomous, Nemo Commander, Nemo Analyze, Nemo CEM Observer, and Nemo CEM Solution. Its customers include Device manufacturers, Chipset manufacturers, Mobile network operators, Mobile network operators, and Independent test companies.

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