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Ashoka Metcast (NSE:ASHOKAMET) Capex-to-Operating-Cash-Flow : 0.63 (As of Sep. 2023)


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What is Ashoka Metcast 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.

Ashoka Metcast's Capital Expenditure for the three months ended in Sep. 2023 was ₹-28.96 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2023 was ₹45.64 Mil.

Hence, Ashoka Metcast's Capex-to-Operating-Cash-Flow for the three months ended in Sep. 2023 was 0.63.


Ashoka Metcast Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Ashoka Metcast'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.

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Ashoka Metcast Capex-to-Operating-Cash-Flow Chart

Ashoka Metcast Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
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Ashoka Metcast Quarterly Data
Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - - - - 0.63

Competitive Comparison of Ashoka Metcast's Capex-to-Operating-Cash-Flow

For the Steel subindustry, Ashoka Metcast'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.


Ashoka Metcast's Capex-to-Operating-Cash-Flow Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Ashoka Metcast's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Ashoka Metcast Capex-to-Operating-Cash-Flow Calculation

Ashoka Metcast's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-7.795) / -463.315
=N/A

Ashoka Metcast'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
=- (-28.958) / 45.641
=0.63

* 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.


Ashoka Metcast  (NSE:ASHOKAMET) 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.


Ashoka Metcast Capex-to-Operating-Cash-Flow Related Terms

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Ashoka Metcast (NSE:ASHOKAMET) Business Description

Traded in Other Exchanges
Address
Mithakhali Six Roads, 7th Floor, Ashoka Chambers, Opposite HCG Hospital, Mithakhali, Ahmedabad, GJ, IND, 380006
Ashoka Metcast Ltd is currently engaged in the trading of structural steel and goods. The company has two segments namely Steel Trading and Trading of Goods. The company products are Thermo-Mechanically Treated bars, Angle bars, Mild steel bars, and Steel channels.

Ashoka Metcast (NSE:ASHOKAMET) Headlines

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