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Drone Delivery Canada (TSXV:FLT) Capex-to-Operating-Cash-Flow : 0.00 (As of Mar. 2024)


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What is Drone Delivery Canada 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.

Drone Delivery Canada's Capital Expenditure for the three months ended in Mar. 2024 was C$-0.02 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was C$-1.12 Mil.

GuruFocus do not calculate Capex-to-Operating-Cash-Flow if the Cash Flow from Operations is negative.


Drone Delivery Canada Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Drone Delivery Canada'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.

Drone Delivery Canada Capex-to-Operating-Cash-Flow Chart

Drone Delivery Canada Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
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Drone Delivery Canada Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Drone Delivery Canada's Capex-to-Operating-Cash-Flow

For the Computer Hardware subindustry, Drone Delivery Canada'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.


Drone Delivery Canada's Capex-to-Operating-Cash-Flow Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Drone Delivery Canada's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Drone Delivery Canada Capex-to-Operating-Cash-Flow Calculation

Drone Delivery Canada'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
=- (-0.02) / -7.677
=N/A

Drone Delivery Canada's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.017) / -1.12
=N/A

* 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.


Drone Delivery Canada  (TSXV:FLT) 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.


Drone Delivery Canada Capex-to-Operating-Cash-Flow Related Terms

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Drone Delivery Canada (TSXV:FLT) Business Description

Traded in Other Exchanges
Address
6-6221 Highway 7, Vaughan, ON, CAN, L4H 0K8
Drone Delivery Canada Corp is a developmental technology company. It focuses on designing, developing, and implementing a commercially viable drone delivery system within Canadian geography. The company develops drone technology to provide retailers, service organizations, and government agencies a just in time delivery service. It provides a few service options such as Depot to Depot which is focused on rural applications providing services from warehouse to warehouse and Depot to consumer offering logistics services from a retailer and warehouse direct to a consumer's home or business location.
Executives
Michael Della Fortuna Director

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