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Daiwa Office Investment (TSE:8976) Capex-to-Operating-Cash-Flow : 0.28 (As of Nov. 2023)


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What is Daiwa Office Investment 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.

Daiwa Office Investment's Capital Expenditure for the six months ended in Nov. 2023 was 円-2,137.86 Mil. Its Cash Flow from Operations for the six months ended in Nov. 2023 was 円7,683.69 Mil.

Hence, Daiwa Office Investment's Capex-to-Operating-Cash-Flow for the six months ended in Nov. 2023 was 0.28.


Daiwa Office Investment Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Daiwa Office Investment'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.

Daiwa Office Investment Capex-to-Operating-Cash-Flow Chart

Daiwa Office Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.77 0.55 0.46 0.18 0.59

Daiwa Office Investment Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.32 0.74 0.30 0.13 0.28

Competitive Comparison of Daiwa Office Investment's Capex-to-Operating-Cash-Flow

For the REIT - Office subindustry, Daiwa Office Investment'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.


Daiwa Office Investment's Capex-to-Operating-Cash-Flow Distribution in the REITs Industry

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

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



Daiwa Office Investment Capex-to-Operating-Cash-Flow Calculation

Daiwa Office Investment's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Nov. 2022 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-14483.429) / 24557.9
=0.59

Daiwa Office Investment's Capex-to-Operating-Cash-Flow for the quarter that ended in Nov. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-2137.863) / 7683.693
=0.28

* 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.


Daiwa Office Investment  (TSE:8976) 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.


Daiwa Office Investment Capex-to-Operating-Cash-Flow Related Terms

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Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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