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Trinity Exploration & Production (Trinity Exploration & Production) Capex-to-Operating-Cash-Flow : 0.89 (As of Jun. 2023)


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What is Trinity Exploration & Production 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.

Trinity Exploration & Production's Capital Expenditure for the six months ended in Jun. 2023 was $-5.58 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2023 was $6.26 Mil.

Hence, Trinity Exploration & Production's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2023 was 0.89.


Trinity Exploration & Production Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Trinity Exploration & Production'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.

Trinity Exploration & Production Capex-to-Operating-Cash-Flow Chart

Trinity Exploration & Production Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.74 0.59 1.09 1.29

Trinity Exploration & Production Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.27 1.01 1.96 1.08 0.89

Competitive Comparison of Trinity Exploration & Production's Capex-to-Operating-Cash-Flow

For the Oil & Gas E&P subindustry, Trinity Exploration & Production'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.


Trinity Exploration & Production's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Trinity Exploration & Production's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Trinity Exploration & Production's Capex-to-Operating-Cash-Flow falls into.



Trinity Exploration & Production Capex-to-Operating-Cash-Flow Calculation

Trinity Exploration & Production'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
=- (-15.506) / 11.985
=1.29

Trinity Exploration & Production'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
=- (-5.576) / 6.257
=0.89

* 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.


Trinity Exploration & Production  (OTCPK:TRXEF) 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.


Trinity Exploration & Production Capex-to-Operating-Cash-Flow Related Terms

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Trinity Exploration & Production (Trinity Exploration & Production) Business Description

Traded in Other Exchanges
Address
C/o Pinsent Masons LLP, 1 Park Row, Leeds, GBR, LS1 5AB
Trinity Exploration & Production PLC is an independent exploration and production company. Its activities include the exploration, development, production, and sale of crude oil. The company operates a portfolio of producing and development assets both onshore and offshore in the shallow waters off the West and East Coasts of Trinidad. It operates through one operating segment being exploration and development, production and extraction of hydrocarbons.