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Corporacion Acciona Energias Renovables (XMAD:ANE) Capex-to-Operating-Cash-Flow : 3.26 (As of Jun. 2024)


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What is Corporacion Acciona Energias Renovables 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.

Corporacion Acciona Energias Renovables's Capital Expenditure for the six months ended in Jun. 2024 was €-853.00 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2024 was €262.00 Mil.

Hence, Corporacion Acciona Energias Renovables's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2024 was 3.26.


Corporacion Acciona Energias Renovables Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Corporacion Acciona Energias Renovables'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.

Corporacion Acciona Energias Renovables Capex-to-Operating-Cash-Flow Chart

Corporacion Acciona Energias Renovables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 0.65 1.22 0.83 0.84 5.24

Corporacion Acciona Energias Renovables Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.83 0.87 6.52 3.83 3.26

Competitive Comparison of Corporacion Acciona Energias Renovables's Capex-to-Operating-Cash-Flow

For the Utilities - Renewable subindustry, Corporacion Acciona Energias Renovables'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.


Corporacion Acciona Energias Renovables's Capex-to-Operating-Cash-Flow Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Corporacion Acciona Energias Renovables's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Corporacion Acciona Energias Renovables's Capex-to-Operating-Cash-Flow falls into.



Corporacion Acciona Energias Renovables Capex-to-Operating-Cash-Flow Calculation

Corporacion Acciona Energias Renovables'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
=- (-1907) / 364
=5.24

Corporacion Acciona Energias Renovables's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-853) / 262
=3.26

* 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.


Corporacion Acciona Energias Renovables  (XMAD:ANE) 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.


Corporacion Acciona Energias Renovables Capex-to-Operating-Cash-Flow Related Terms

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Corporacion Acciona Energias Renovables Business Description

Traded in Other Exchanges
Address
Avenida de Europa, 18, Parque Empresarial La Moraleja, Alcobendas, Madrid, ESP, 28108
A renewables developer, Acciona Energia was spun off from Spanish industrial conglomerate Acciona in July 2021. The floating share is 17.3%. At the end of 2023, the group had 12.1 gigawatts of consolidated capacity. 70% of Acciona Energia's capacity is onshore wind, nearly 7% is hydro dams in Spain and 18% is solar photovoltaic. Geographically, 44% of the capacity are located in Spain. The three biggest markets outside Spain are Mexico, the US, and Australia.

Corporacion Acciona Energias Renovables Headlines

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