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Asante Gold (XCNQ:ASE) Capex-to-Operating-Cash-Flow : 0.71 (As of Jan. 2025)


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What is Asante 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.

Asante Gold's Capital Expenditure for the three months ended in Jan. 2025 was C$-81.58 Mil. Its Cash Flow from Operations for the three months ended in Jan. 2025 was C$114.34 Mil.

Hence, Asante Gold's Capex-to-Operating-Cash-Flow for the three months ended in Jan. 2025 was 0.71.


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

The historical data trend for Asante 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.

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

Asante Gold Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.90 1.57 0.77

Asante Gold Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 20.66 0.56 0.47 2.14 0.71

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

For the Gold subindustry, Asante 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.


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

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

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


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

Asante Gold's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jan. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-174.901) / 228.145
=0.77

Asante Gold's Capex-to-Operating-Cash-Flow for the quarter that ended in Jan. 2025 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-81.581) / 114.341
=0.71

* 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.


Asante Gold  (XCNQ:ASE) 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.


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

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Asante Gold Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 615, Vancouver, BC, CAN, V6C 2V6
Asante Gold Corp is an exploration-stage company. It plans to capitalize on the gold-rich and growing mining environment by continuing to build assets through exploration, development, and acquisitions. The company is involved in the exploration and evaluation of mineral properties in Ghana, West Africa. The group portfolio consists of various projects namely Fahiakoba, Betanase, Keyhole, and Kubi and it generally explores gold deposits. The company has also acquired the Bibiani gold mine from Resolute Mining.
Executives
Malik Mohammed Easah Director
David Harold Anthony Senior Officer
Eben Swanepoel Senior Officer
Alexandre Nicolas Heath Director
Douglas Richard Macquarrie Director
Goknet Mining Company Limited 10% Security Holder
Florian Riedl-riedenstein Director

Asante Gold Headlines

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