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Canarys Automations (NSE:CANARYS) Capex-to-Operating-Cash-Flow : 0.00 (As of Mar. 2023)


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What is Canarys Automations 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.

Canarys Automations's Capital Expenditure for the six months ended in Mar. 2023 was ₹-2.99 Mil. Its Cash Flow from Operations for the six months ended in Mar. 2023 was ₹-61.93 Mil.

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


Canarys Automations Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Canarys Automations'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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Canarys Automations Capex-to-Operating-Cash-Flow Chart

Canarys Automations Annual Data
Trend Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
- - -

Canarys Automations Semi-Annual Data
Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow - - -

Competitive Comparison of Canarys Automations's Capex-to-Operating-Cash-Flow

For the Information Technology Services subindustry, Canarys Automations'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.


Canarys Automations's Capex-to-Operating-Cash-Flow Distribution in the Software Industry

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

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


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Canarys Automations Capex-to-Operating-Cash-Flow Calculation

Canarys Automations'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
=- (-2.992) / -61.925
=N/A

Canarys Automations's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-2.992) / -61.925
=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.


Canarys Automations  (NSE:CANARYS) 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.


Canarys Automations Capex-to-Operating-Cash-Flow Related Terms

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Canarys Automations Business Description

Traded in Other Exchanges
N/A
Address
30th Main, Attimabbe Road, No. 566 & 567, 2nd Floor, Banagirinagara, Banashankari 3rd Stage, Bengaluru, KA, IND, 560085
Canarys Automations Ltd is a leading IT solutions provider. Its expertise lies in enabling digital transformation for businesses through its comprehensive range of software solutions in the space of Digitalization, Modernization, Automation and Intelligence.

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