GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Carmit Candy Industries Ltd (XTAE:CRMT) » Definitions » Capex-to-Operating-Cash-Flow

Carmit Candy Industries (XTAE:CRMT) Capex-to-Operating-Cash-Flow : 0.73 (As of Dec. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Carmit Candy Industries 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.

Carmit Candy Industries's Capital Expenditure for the six months ended in Dec. 2023 was ₪-2.80 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was ₪3.82 Mil.

Hence, Carmit Candy Industries's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.73.


Carmit Candy Industries Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Carmit Candy Industries'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.

Carmit Candy Industries Capex-to-Operating-Cash-Flow Chart

Carmit Candy Industries Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 1.51 35.27 9.88 - 0.64

Carmit Candy Industries Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.78 - - 0.55 0.73

Competitive Comparison of Carmit Candy Industries's Capex-to-Operating-Cash-Flow

For the Confectioners subindustry, Carmit Candy Industries'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.


Carmit Candy Industries's Capex-to-Operating-Cash-Flow Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Carmit Candy Industries's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Carmit Candy Industries's Capex-to-Operating-Cash-Flow falls into.



Carmit Candy Industries Capex-to-Operating-Cash-Flow Calculation

Carmit Candy Industries'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
=- (-5.244) / 8.263
=0.63

Carmit Candy Industries's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-2.796) / 3.819
=0.73

* 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.


Carmit Candy Industries  (XTAE:CRMT) 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.


Carmit Candy Industries Capex-to-Operating-Cash-Flow Related Terms

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


Carmit Candy Industries (XTAE:CRMT) Business Description

Traded in Other Exchanges
N/A
Address
25 Hahagana Street, Rishon Lezion, ISR, 75706
Carmit Candy Industries Ltd is a confectionery manufacturer. It produces confectionery products for private label brands. Its products include chocolate coins, marshmallows, Dairy-free chocolate, lollipops and toffees, and chocolate bars, among others. It caters to industrial and professional markets in Israel and produces chocolate, which serves as raw material for the chocolate, ice cream, dairy, confectionery, bakery and other industries.