Ventia Services Group (ASX:VNT) Capex-to-Operating-Cash-Flow : 0.22 (As of Dec. 2023)

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What is Ventia Services Group 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.

Ventia Services Group's Capital Expenditure for the six months ended in Dec. 2023 was A$-32.40 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was A$146.00 Mil.

Hence, Ventia Services Group's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.22.

Ventia Services Group Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Ventia Services Group'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.

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Ventia Services Group Capex-to-Operating-Cash-Flow Chart

Ventia Services Group Annual Data

Trend

Dec21

Dec22

Dec23

Capex-to-Operating-Cash-Flow

0.29

0.13

0.17

Ventia Services Group Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Capex-to-Operating-Cash-Flow	-	0.13	0.13	0.12	0.22

Competitive Comparison of Ventia Services Group's Capex-to-Operating-Cash-Flow

For the Infrastructure Operations subindustry, Ventia Services Group'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.

Ventia Services Group's Capex-to-Operating-Cash-Flow Distribution in the Construction Industry

For the Construction industry and Industrials sector, Ventia Services Group's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Ventia Services Group's Capex-to-Operating-Cash-Flow falls into.

Ventia Services Group Capex-to-Operating-Cash-Flow Calculation

Ventia Services Group'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
	=	- (-50.9)	/	305.9
	=	0.17

Ventia Services Group'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
	=	- (-32.4)	/	146
	=	0.22

Ventia Services Group (ASX:VNT) 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.

Ventia Services Group Capex-to-Operating-Cash-Flow Related Terms

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Ventia Services Group (ASX:VNT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Ventia Services Group Ltd (ASX:VNT) » Definitions » Capex-to-Operating-Cash-Flow

Traded in Other Exchanges

VNT:New Zealand

Address

80 Pacific Highway, Level 8, North Sydney, Sydney, NSW, AUS, 2060

Website

https://www.ventia.com

While Ventia is not the largest player with an estimated 7.5% share of addressable markets, it is a leading infrastructure maintenance services provider in Australia and New Zealand. Its capabilities span the full asset lifecycle including operations and maintenance, facilities management, minor capital works, environmental services, and other solutions. And its business model is favorably capital-light via flexing of a large contractor base complementing a deep pool of talented employees. Ventia has long-term relationships with a diverse range of public and private sector clients with many client relationships maintained for decades. Contracts are favorably long with an average five-year duration at inception and most containing some form of embedded price escalation.