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Sin Heng Heavy Machinery (SGX:BKA) Capex-to-Operating-Cash-Flow : 0.51 (As of Dec. 2023)


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What is Sin Heng Heavy Machinery 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.

Sin Heng Heavy Machinery's Capital Expenditure for the six months ended in Dec. 2023 was S$-3.61 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was S$7.12 Mil.

Hence, Sin Heng Heavy Machinery's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.51.


Sin Heng Heavy Machinery Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Sin Heng Heavy Machinery'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.

Sin Heng Heavy Machinery Capex-to-Operating-Cash-Flow Chart

Sin Heng Heavy Machinery Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.01 - - 0.52

Sin Heng Heavy Machinery Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only -0.86 - - 0.55 0.51

Competitive Comparison of Sin Heng Heavy Machinery's Capex-to-Operating-Cash-Flow

For the Farm & Heavy Construction Machinery subindustry, Sin Heng Heavy Machinery'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.


Sin Heng Heavy Machinery's Capex-to-Operating-Cash-Flow Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Sin Heng Heavy Machinery's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Sin Heng Heavy Machinery's Capex-to-Operating-Cash-Flow falls into.



Sin Heng Heavy Machinery Capex-to-Operating-Cash-Flow Calculation

Sin Heng Heavy Machinery's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-5.58) / 10.722
=0.52

Sin Heng Heavy Machinery's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-3.612) / 7.12
=0.51

* 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.


Sin Heng Heavy Machinery  (SGX:BKA) 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.


Sin Heng Heavy Machinery Capex-to-Operating-Cash-Flow Related Terms

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Sin Heng Heavy Machinery (SGX:BKA) Business Description

Traded in Other Exchanges
Address
26 Gul Road, Singapore, SGP, 629346
Sin Heng Heavy Machinery Ltd is a lifting service provider. The core business activities are the rental and trading of cranes, aerial lifts, and other lifting equipment. The company has two reportable operating segments namely Equipment rental and Trading. Equipment rental includes the rental of cranes and aerial lifts. Trading includes trading of cranes and aerial lifts. Most of the group's revenue comes from Singapore.

Sin Heng Heavy Machinery (SGX:BKA) Headlines

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