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Golden Spike Resources (XCNQ:GLDS) Capex-to-Operating-Cash-Flow : 0.00 (As of Feb. 2024)


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What is Golden Spike 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.

Golden Spike Resources's Capital Expenditure for the three months ended in Feb. 2024 was C$0.00 Mil. Its Cash Flow from Operations for the three months ended in Feb. 2024 was C$-0.15 Mil.

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


Golden Spike Resources Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Golden Spike 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.

Golden Spike Resources Capex-to-Operating-Cash-Flow Chart

Golden Spike Resources Annual Data
Trend Aug20 Aug21 Aug22 Aug23
Capex-to-Operating-Cash-Flow
- - - -

Golden Spike Resources Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 Aug23 Nov23 Feb24
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 - - - - -

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

For the Other Precious Metals & Mining subindustry, Golden Spike 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.


Golden Spike Resources's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Golden Spike Resources's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Golden Spike Resources Capex-to-Operating-Cash-Flow Calculation

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

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (0) / -0.807
=N/A

Golden Spike Resources's Capex-to-Operating-Cash-Flow for the quarter that ended in Feb. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (0) / -0.146
=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.


Golden Spike Resources  (XCNQ:GLDS) 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.


Golden Spike Resources Capex-to-Operating-Cash-Flow Related Terms

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Golden Spike Resources (XCNQ:GLDS) Business Description

Traded in Other Exchanges
Address
830 - 1100 Melville Street, Vancouver, BC, CAN, V6E 4A6
Golden Spike Resources Corp is a mineral exploration company and its principal business is the acquisition and exploration of mineral properties with a focus on Canada. The company's property is the Camping Lake Project, consisting of five contiguous mineral claims covering an area of approximately 2,132.4 Ha northwest of Ear Falls in the Province of Ontario.

Golden Spike Resources (XCNQ:GLDS) Headlines

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