GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Ocean Vantage Holdings Bhd (XKLS:0220) » Definitions » Capex-to-Operating-Cash-Flow

Ocean Vantage Holdings Bhd (XKLS:0220) Capex-to-Operating-Cash-Flow : 0.80 (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Ocean Vantage Holdings Bhd 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.

Ocean Vantage Holdings Bhd's Capital Expenditure for the three months ended in Mar. 2024 was RM-0.84 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was RM1.05 Mil.

Hence, Ocean Vantage Holdings Bhd's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.80.


Ocean Vantage Holdings Bhd Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Ocean Vantage Holdings Bhd'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.

Ocean Vantage Holdings Bhd Capex-to-Operating-Cash-Flow Chart

Ocean Vantage Holdings Bhd Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 0.54 - - - 0.14

Ocean Vantage Holdings Bhd Quarterly Data
Dec17 Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.18 0.04 - 51.67 0.80

Competitive Comparison of Ocean Vantage Holdings Bhd's Capex-to-Operating-Cash-Flow

For the Oil & Gas Equipment & Services subindustry, Ocean Vantage Holdings Bhd'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.


Ocean Vantage Holdings Bhd's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Ocean Vantage Holdings Bhd's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Ocean Vantage Holdings Bhd's Capex-to-Operating-Cash-Flow falls into.



Ocean Vantage Holdings Bhd Capex-to-Operating-Cash-Flow Calculation

Ocean Vantage Holdings Bhd'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
=- (-1.275) / 8.93
=0.14

Ocean Vantage Holdings Bhd'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
=- (-0.841) / 1.049
=0.80

* 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.


Ocean Vantage Holdings Bhd  (XKLS:0220) 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.


Ocean Vantage Holdings Bhd Capex-to-Operating-Cash-Flow Related Terms

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


Ocean Vantage Holdings Bhd (XKLS:0220) Business Description

Traded in Other Exchanges
N/A
Address
Kuala Baram Land District, 1st & 2nd Floor, Block 11, Lot 6073 and 6074, Jalan Tudan, Bandar Baru Permyjaya, Miri, SWK, MYS, 98000
Ocean Vantage Holdings Bhd is engaged in the provision of support services for the oil and gas industry where it supports both the upstream and downstream oil and gas activities. The company's operations as a provider of engineering, fabrication, and NDT inspection and testing services. Its services include Rig/Platform Modifications; Rig Stacking & Reactivation; Rig Repair & Maintenance; Accommodation Refurbishment; Fabrication & Construction of Structures; Blasting & Painting Services; Equipment Rental, Repair & Maintenance; Marine Security Services; Conventional NDT & Inspection; Rope Access; Scaffolding Services; Tank Cleaning; and Crane, Structural, Piping Replacement; among others.

Ocean Vantage Holdings Bhd (XKLS:0220) Headlines

No Headlines