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Mirriad Advertising (LSE:MIRI) Capex-to-Operating-Cash-Flow : 0.00 (As of Jun. 2023)


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What is Mirriad Advertising 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.

Mirriad Advertising's Capital Expenditure for the six months ended in Jun. 2023 was £-0.01 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2023 was £-6.99 Mil.

GuruFocus do not calculate Capex-to-Operating-Cash-Flow if the Cash Flow from Operations is negative.


Mirriad Advertising Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Mirriad Advertising'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.

Mirriad Advertising Capex-to-Operating-Cash-Flow Chart

Mirriad Advertising Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
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Mirriad Advertising Semi-Annual Data
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Competitive Comparison of Mirriad Advertising's Capex-to-Operating-Cash-Flow

For the Advertising Agencies subindustry, Mirriad Advertising'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.


Mirriad Advertising's Capex-to-Operating-Cash-Flow Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Mirriad Advertising's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Mirriad Advertising Capex-to-Operating-Cash-Flow Calculation

Mirriad Advertising's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.076) / -12.891
=N/A

Mirriad Advertising's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.008) / -6.989
=N/A

* 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.


Mirriad Advertising  (LSE:MIRI) 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.


Mirriad Advertising Capex-to-Operating-Cash-Flow Related Terms

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Mirriad Advertising (LSE:MIRI) Business Description

Traded in Other Exchanges
Address
One London Wall, 6th Floor, London, GBR, EC2Y 5EB
Mirriad Advertising PLC provides an in-content advertising platform. Its artificial intelligence (AI) based platform is a solution for in-content advertising and virtual product placement. Geographically, it derives the majority of its revenue from the United States and has a presence in the UK, China, and other countries.

Mirriad Advertising (LSE:MIRI) Headlines

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