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Bluesky Digital Assets (XCNQ:BTC) Capex-to-Operating-Cash-Flow : 0.00 (As of Sep. 2023)


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What is Bluesky Digital Assets 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.

Bluesky Digital Assets's Capital Expenditure for the three months ended in Sep. 2023 was C$0.00 Mil. Its Cash Flow from Operations for the three months ended in Sep. 2023 was C$-0.50 Mil.

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


Bluesky Digital Assets Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Bluesky Digital Assets'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.

Bluesky Digital Assets Capex-to-Operating-Cash-Flow Chart

Bluesky Digital Assets Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Cash-Flow
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Bluesky Digital Assets Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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Competitive Comparison of Bluesky Digital Assets's Capex-to-Operating-Cash-Flow

For the Capital Markets subindustry, Bluesky Digital Assets'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.


Bluesky Digital Assets's Capex-to-Operating-Cash-Flow Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bluesky Digital Assets's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Bluesky Digital Assets's Capex-to-Operating-Cash-Flow falls into.



Bluesky Digital Assets Capex-to-Operating-Cash-Flow Calculation

Bluesky Digital Assets's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-2.448) / -0.439
=N/A

Bluesky Digital Assets'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) / -0.504
=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.


Bluesky Digital Assets  (XCNQ:BTC) 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.


Bluesky Digital Assets Capex-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Bluesky Digital Assets's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Bluesky Digital Assets (XCNQ:BTC) Business Description

Traded in Other Exchanges
Address
First Canadian Place, 100 King Street West, Suite 5700, Toronto, ON, CAN, M5X 1C9
Bluesky Digital Assets Corp is engaged in the business of utilizing specialized equipment to solve complex computational problems to validate transactions on the bitcoin blockchain. The Company receives bitcoin in return for successful service. It has one reportable segment; digital asset mining and all revenues and non-current assets are in Canada.

Bluesky Digital Assets (XCNQ:BTC) Headlines

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