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Convergenze SpA (MIL:CVG) Capex-to-Operating-Cash-Flow : 0.41 (As of Dec. 2023)


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What is Convergenze SpA 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.

Convergenze SpA's Capital Expenditure for the six months ended in Dec. 2023 was €-0.83 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was €2.02 Mil.

Hence, Convergenze SpA's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.41.


Convergenze SpA Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Convergenze SpA'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.

Convergenze SpA Capex-to-Operating-Cash-Flow Chart

Convergenze SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 0.67 2.67 2.57 - 0.81

Convergenze SpA Semi-Annual Data
Dec18 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 Premium Member Only 2.18 - - 1.38 0.41

Competitive Comparison of Convergenze SpA's Capex-to-Operating-Cash-Flow

For the Telecom Services subindustry, Convergenze SpA'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.


Convergenze SpA's Capex-to-Operating-Cash-Flow Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Convergenze SpA's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Convergenze SpA Capex-to-Operating-Cash-Flow Calculation

Convergenze SpA'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
=- (-2.782) / 3.443
=0.81

Convergenze SpA'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
=- (-0.826) / 2.021
=0.41

* 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.


Convergenze SpA  (MIL:CVG) 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.


Convergenze SpA Capex-to-Operating-Cash-Flow Related Terms

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Convergenze SpA (MIL:CVG) Business Description

Traded in Other Exchanges
N/A
Address
Via Magna Graecia 136, Capaccio Paestum, Salerno, ITA, 84047
Convergenze SpA is engaged in providing telecommunication services. The company wireless internet services, mobile calling and data services, television subscription services, voice call services, and other related services.