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Safestore Holdings (LSE:SAFE) Capex-to-Operating-Cash-Flow : 0.96 (As of Oct. 2023)


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What is Safestore Holdings 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.

Safestore Holdings's Capital Expenditure for the six months ended in Oct. 2023 was £-59.20 Mil. Its Cash Flow from Operations for the six months ended in Oct. 2023 was £61.70 Mil.

Hence, Safestore Holdings's Capex-to-Operating-Cash-Flow for the six months ended in Oct. 2023 was 0.96.


Safestore Holdings Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Safestore Holdings'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.

Safestore Holdings Capex-to-Operating-Cash-Flow Chart

Safestore Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.81 0.65 0.88 1.24

Safestore Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.89 0.82 0.93 1.73 0.96

Competitive Comparison of Safestore Holdings's Capex-to-Operating-Cash-Flow

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings's Capex-to-Operating-Cash-Flow Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Safestore Holdings's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Safestore Holdings Capex-to-Operating-Cash-Flow Calculation

Safestore Holdings's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Oct. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-121.9) / 98
=1.24

Safestore Holdings's Capex-to-Operating-Cash-Flow for the quarter that ended in Oct. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-59.2) / 61.7
=0.96

* 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.


Safestore Holdings  (LSE:SAFE) 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.


Safestore Holdings Capex-to-Operating-Cash-Flow Related Terms

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Safestore Holdings (LSE:SAFE) Business Description

Industry
Traded in Other Exchanges
Address
Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.

Safestore Holdings (LSE:SAFE) Headlines