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AltynGold (LSE:ALTN) Capex-to-Operating-Cash-Flow : 0.67 (As of Jun. 2024)


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What is AltynGold 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.

AltynGold's Capital Expenditure for the six months ended in Jun. 2024 was £-3.25 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2024 was £4.87 Mil.

Hence, AltynGold's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2024 was 0.67.


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

The historical data trend for AltynGold'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.

AltynGold Capex-to-Operating-Cash-Flow Chart

AltynGold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.32 0.93 0.75 2.79

AltynGold Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 0.88 - - 1.16 0.67

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

For the Gold subindustry, AltynGold'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.


AltynGold's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, AltynGold's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



AltynGold Capex-to-Operating-Cash-Flow Calculation

AltynGold'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
=- (-32.34) / 11.574
=2.79

AltynGold's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-3.248) / 4.867
=0.67

* 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.


AltynGold  (LSE:ALTN) 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.


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

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AltynGold Business Description

Traded in Other Exchanges
Address
28 Eccleston Square, London, GBR, SW1V 1NZ
AltynGold PLC is engaged in the exploration and development of mineral resources. It focuses on the development of the underground mine and the processing of high-grade ore. The production of gold ore is carried out from the Sekisovskoye gold and silver deposits, and the mining activities and mining assets are in Kazakhstan. The Teren-Sai Project is an exploration and development project of AltynGold Plc. It is located in the East of Kazakhstan and is adjacent to Altyn's operating Sekisovskoye Mine. majority of revenue is generated from the sale of gold and silver.

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