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Onyx Gold (TSXV:ONYX) Capex-to-Operating-Cash-Flow : 0.00 (As of Sep. 2023)


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What is Onyx Gold 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.

Onyx Gold's Capital Expenditure for the six months ended in Sep. 2023 was C$0.00 Mil. Its Cash Flow from Operations for the six months ended in Sep. 2023 was C$-1.09 Mil.

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


Onyx Gold Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Onyx Gold'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.

Onyx Gold Capex-to-Operating-Cash-Flow Chart

Onyx Gold Annual Data
Trend
Capex-to-Operating-Cash-Flow

Onyx Gold Semi-Annual Data
Sep23
Capex-to-Operating-Cash-Flow -

Competitive Comparison of Onyx Gold's Capex-to-Operating-Cash-Flow

For the Gold subindustry, Onyx Gold'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.


Onyx Gold's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Onyx Gold's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Onyx Gold Capex-to-Operating-Cash-Flow Calculation

Onyx Gold's Capex-to-Operating-Cash-Flow for the fiscal year that ended in . 20 is calculated as

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

Onyx Gold's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (0) / -1.087
=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.


Onyx Gold  (TSXV:ONYX) 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.


Onyx Gold Capex-to-Operating-Cash-Flow Related Terms

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Onyx Gold (TSXV:ONYX) Business Description

Traded in Other Exchanges
Address
375 Water Street, Suite 405, Vancouver, BC, CAN, V6B 5C6
Onyx Gold corp is an exploration company focused on Canadian mining jurisdictions, with assets in Timmins, Ontario, and Yukon Territory. The company's portfolio of gold projects in the greater Timmins gold camp includes the Munro-Croesus Gold property, for its mineralization, plus two additional earlier-stage large exploration properties, Golden Mile and Timmins South.
Executives
Brock Macaulay Colterjohn Director, Senior Officer
Nicole Raymonde Hoeller Senior Officer
Darwin Green Director, Senior Officer