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Red Lake Gold (XCNQ:RGLD) Capex-to-Operating-Cash-Flow : 0.00 (As of Feb. 2024)


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What is Red Lake 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.

Red Lake Gold's Capital Expenditure for the three months ended in Feb. 2024 was C$0.00 Mil. Its Cash Flow from Operations for the three months ended in Feb. 2024 was C$-0.04 Mil.

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


Red Lake Gold Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Red Lake 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.

Red Lake Gold Capex-to-Operating-Cash-Flow Chart

Red Lake Gold Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Capex-to-Operating-Cash-Flow
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Red Lake Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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Competitive Comparison of Red Lake Gold's Capex-to-Operating-Cash-Flow

For the Gold subindustry, Red Lake 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.


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

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

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



Red Lake Gold Capex-to-Operating-Cash-Flow Calculation

Red Lake Gold's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Nov. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.182) / -0.246
=N/A

Red Lake Gold's Capex-to-Operating-Cash-Flow for the quarter that ended in Feb. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (0) / -0.043
=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.


Red Lake Gold  (XCNQ:RGLD) 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.


Red Lake Gold Capex-to-Operating-Cash-Flow Related Terms

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Red Lake Gold (XCNQ:RGLD) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
Red Lake Gold Inc is focused on a high-impact gold exploration through its Whirlwind Jack Gold Project which is a district-scale gold exploration project located near Red Lake, Ontario. The LP Fault structure interpreted in this project is situated within a deep magnetic low. The company projects also include Fenelon North Gold Project, Preston District Uranium Project.
Executives
Ryan Kalt 10% Security Holder, Director, Senior Officer