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Harvest Technology (MAL:HRV) Capex-to-Operating-Cash-Flow : 1.05 (As of Dec. 2023)


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What is Harvest Technology 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.

Harvest Technology's Capital Expenditure for the six months ended in Dec. 2023 was €-0.53 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was €0.51 Mil.

Hence, Harvest Technology's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 1.05.


Harvest Technology Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Harvest Technology'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.

Harvest Technology Capex-to-Operating-Cash-Flow Chart

Harvest Technology Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
0.11 0.12 0.08 0.26 0.62

Harvest Technology Semi-Annual Data
Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.10 0.11 - 0.37 1.05

Competitive Comparison of Harvest Technology's Capex-to-Operating-Cash-Flow

For the Information Technology Services subindustry, Harvest Technology'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.


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

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

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



Harvest Technology Capex-to-Operating-Cash-Flow Calculation

Harvest Technology'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
=- (-0.851) / 1.377
=0.62

Harvest Technology's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.532) / 0.506
=1.05

* 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.


Harvest Technology  (MAL:HRV) 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.


Harvest Technology Capex-to-Operating-Cash-Flow Related Terms

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Harvest Technology (MAL:HRV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Valletta Road, Nineteen Twenty Three, Marsa, MLT, MRS 3000
Harvest Technology PLC is an investment and holding company. It provides delivery of business solutions and technology (including integrated and automated solutions) and payment solutions and related services. The company's portfolio consists of entities delivering systems engineering, security solutions, e-commerce platforms, electronic payments solutions, networking and system maintenance, automation products, product development and IT outsourcing. The Group operates two business activities which are the sale of payment processing services and the provision of IT solutions and security systems.

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