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Novus Acquisition & Development (Novus Acquisition & Development) Capex-to-Operating-Cash-Flow : 0.00 (As of Sep. 2023)


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What is Novus Acquisition & Development 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.

Novus Acquisition & Development's Capital Expenditure for the three months ended in Sep. 2023 was $0.00 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2023 was $0.00 Mil.

GuruFocus do not calculate Capex-to-Operating-Cash-Flow if the Cash Flow from Operations is negative.


Novus Acquisition & Development Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Novus Acquisition & Development'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.

Novus Acquisition & Development Capex-to-Operating-Cash-Flow Chart

Novus Acquisition & Development Annual Data
Trend
Capex-to-Operating-Cash-Flow

Novus Acquisition & Development Quarterly Data
Sep22 Sep23
Capex-to-Operating-Cash-Flow - -

Competitive Comparison of Novus Acquisition & Development's Capex-to-Operating-Cash-Flow

For the Insurance - Diversified subindustry, Novus Acquisition & Development'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.


Novus Acquisition & Development's Capex-to-Operating-Cash-Flow Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Novus Acquisition & Development's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Novus Acquisition & Development's Capex-to-Operating-Cash-Flow falls into.



Novus Acquisition & Development Capex-to-Operating-Cash-Flow Calculation

Novus Acquisition & Development's Capex-to-Operating-Cash-Flow for the fiscal year that ended in . 20 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- () /
=N/A

Novus Acquisition & Development's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (0) / 0
=N/A

* 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.


Novus Acquisition & Development  (OTCPK:NDEV) 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.


Novus Acquisition & Development Capex-to-Operating-Cash-Flow Related Terms

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Novus Acquisition & Development (Novus Acquisition & Development) Business Description

Traded in Other Exchanges
N/A
Address
2665 South Bayshore Drive, Suite 220, Miami, FL, USA, 33131
Novus Acquisition & Development Corp is a holding company operating through its subsidiaries. It offers health, life, and annuity insurance products and services. The company initiated its health insurance business model within the medical marijuana space, where it can render risk and non-risk insurance models. It operates throughout the United States.