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Parkway (Parkway) Capex-to-Operating-Cash-Flow : 1.05 (As of Jun. 2017)


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What is Parkway 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.

Parkway's Capital Expenditure for the three months ended in Jun. 2017 was $-4.57 Mil. Its Cash Flow from Operations for the three months ended in Jun. 2017 was $4.36 Mil.

Hence, Parkway's Capex-to-Operating-Cash-Flow for the three months ended in Jun. 2017 was 1.05.


Parkway Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Parkway'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.

Parkway Capex-to-Operating-Cash-Flow Chart

Parkway Annual Data
Trend Dec15 Dec16
Capex-to-Operating-Cash-Flow
- -

Parkway Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial - - - - 1.05

Competitive Comparison of Parkway's Capex-to-Operating-Cash-Flow

For the REIT - Office subindustry, Parkway'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.


Parkway's Capex-to-Operating-Cash-Flow Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Parkway's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Parkway Capex-to-Operating-Cash-Flow Calculation

Parkway's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2016 is calculated as

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

Parkway's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2017 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-4.567) / 4.362
=1.05

* 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.


Parkway  (NYSE:PKYW) 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.


Parkway Capex-to-Operating-Cash-Flow Related Terms

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Parkway (Parkway) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Parkway Inc is a self-managed office REIT, engaged in the ownership, acquisition, development and leasing of Class A office properties focused on Houston, Texas submarkets.

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