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Fenix Resources (ASX:FEX) Capex-to-Operating-Cash-Flow : 0.63 (As of Dec. 2023)


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What is Fenix Resources 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.

Fenix Resources's Capital Expenditure for the six months ended in Dec. 2023 was A$-18.55 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was A$29.46 Mil.

Hence, Fenix Resources's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.63.


Fenix Resources Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Fenix Resources'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.

Fenix Resources Capex-to-Operating-Cash-Flow Chart

Fenix Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.23 0.11 0.25

Fenix Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.04 - 0.05 0.63

Competitive Comparison of Fenix Resources's Capex-to-Operating-Cash-Flow

For the Steel subindustry, Fenix Resources'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.


Fenix Resources's Capex-to-Operating-Cash-Flow Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Fenix Resources's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Fenix Resources's Capex-to-Operating-Cash-Flow falls into.



Fenix Resources Capex-to-Operating-Cash-Flow Calculation

Fenix Resources's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-4.109) / 16.284
=0.25

Fenix Resources'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
=- (-18.549) / 29.455
=0.63

* 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.


Fenix Resources  (ASX:FEX) 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.


Fenix Resources Capex-to-Operating-Cash-Flow Related Terms

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Fenix Resources (ASX:FEX) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1202 Hay Street, Office 10, Emerald House, Perth, WA, AUS, 6005
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has three reportable segments: the Iron Ridge Project, Fenix-Newhaul and Trucking Joint Venture. It is involved in the exploration of iron, base metals, and precious metals in Western Australia. The majority of the revenue is generated from Western Australia's iron ore mining. Its Iron Ridge Project is located approximately 600 km north-northeast of Perth and approximately 67 km northeast of the township of Cue in the Murchison region.