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Pritika Engineering Components (NSE:PRITIKA) Capex-to-Operating-Cash-Flow : -2.50 (As of Mar. 2023)


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What is Pritika Engineering Components 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.

Pritika Engineering Components's Capital Expenditure for the six months ended in Mar. 2023 was ₹391.13 Mil. Its Cash Flow from Operations for the six months ended in Mar. 2023 was ₹156.39 Mil.

Hence, Pritika Engineering Components's Capex-to-Operating-Cash-Flow for the six months ended in Mar. 2023 was -2.50.


Pritika Engineering Components Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Pritika Engineering Components'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.

Pritika Engineering Components Capex-to-Operating-Cash-Flow Chart

Pritika Engineering Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
4.28 4.29 50.52 2.17

Pritika Engineering Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Capex-to-Operating-Cash-Flow - - - - -2.50

Competitive Comparison of Pritika Engineering Components's Capex-to-Operating-Cash-Flow

For the Auto Parts subindustry, Pritika Engineering Components'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.


Pritika Engineering Components's Capex-to-Operating-Cash-Flow Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pritika Engineering Components's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Pritika Engineering Components's Capex-to-Operating-Cash-Flow falls into.



Pritika Engineering Components Capex-to-Operating-Cash-Flow Calculation

Pritika Engineering Components'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
=- (-62.69) / 28.92
=2.17

Pritika Engineering Components'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
=- (391.129) / 156.388
=-2.50

* 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.


Pritika Engineering Components  (NSE:PRITIKA) 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.


Pritika Engineering Components Capex-to-Operating-Cash-Flow Related Terms

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Pritika Engineering Components (NSE:PRITIKA) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055
Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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