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.
Hence, FineTek Co's Capex-to-Operating-Cash-Flow for the
three
months ended in Mar. 2024 was 0.14.
FineTek Co Capex-to-Operating-Cash-Flow Historical Data
The historical data trend for FineTek Co'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.
Competitive Comparison of FineTek Co's Capex-to-Operating-Cash-Flow
For the Scientific & Technical Instruments subindustry, FineTek Co'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.
FineTek Co's Capex-to-Operating-Cash-Flow Distribution in the Hardware Industry
For the Hardware industry and Technology sector, FineTek Co's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where FineTek Co's Capex-to-Operating-Cash-Flow falls into.
FineTek Co Capex-to-Operating-Cash-Flow Calculation
FineTek Co's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
FineTek Co (ROCO:4549) 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.
FineTek Co Capex-to-Operating-Cash-Flow Related Terms
Thank you for viewing the detailed overview of FineTek Co's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
FineTek Co Ltd manufactures, designs, and sells transmitters, point switches, and electronic terminals. Its products include point switches, level transmitters, flow measurements, grain monitoring systems, safety instruments, and digital meters among others. The company supplies industrial sensors as well as solutions for Process Automation, Flow Metering, Wireless Communication Technology, and Tank Gauging systems.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
ROCO:4549 has been successfully added to your 