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MI Technovation Bhd (XKLS:5286) Capex-to-Operating-Cash-Flow : 0.18 (As of Dec. 2023)


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What is MI Technovation Bhd 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.

MI Technovation Bhd's Capital Expenditure for the three months ended in Dec. 2023 was RM-7.76 Mil. Its Cash Flow from Operations for the three months ended in Dec. 2023 was RM42.77 Mil.

Hence, MI Technovation Bhd's Capex-to-Operating-Cash-Flow for the three months ended in Dec. 2023 was 0.18.


MI Technovation Bhd Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for MI Technovation Bhd'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.

MI Technovation Bhd Capex-to-Operating-Cash-Flow Chart

MI Technovation Bhd Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only 1.98 1.51 1.00 0.15 0.11

MI Technovation Bhd Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.27 0.22 -0.14 0.12 0.18

Competitive Comparison of MI Technovation Bhd's Capex-to-Operating-Cash-Flow

For the Semiconductor Equipment & Materials subindustry, MI Technovation Bhd'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.


MI Technovation Bhd's Capex-to-Operating-Cash-Flow Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, MI Technovation Bhd's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where MI Technovation Bhd's Capex-to-Operating-Cash-Flow falls into.



MI Technovation Bhd Capex-to-Operating-Cash-Flow Calculation

MI Technovation Bhd'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
=- (-8.856) / 77.41
=0.11

MI Technovation Bhd'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
=- (-7.757) / 42.768
=0.18

* 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.


MI Technovation Bhd  (XKLS:5286) 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.


MI Technovation Bhd Capex-to-Operating-Cash-Flow Related Terms

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MI Technovation Bhd (XKLS:5286) Business Description

Traded in Other Exchanges
N/A
Address
No. 20, Medan Bayan Lepas Technoplex, MK 12, Taman Perindustrian Bayan Lepas, Bayan Lepas, PNG, MYS, 11900
MI Technovation Bhd is an investment holding company. The group is involved in design, development, manufacture, and sale of wafer level chip scale packaging sorting machines with inspection and testing capabilities for the semiconductor industry. Its reportable segments are as follows: 1) Semiconductor equipment business unit is Involved in the manufacturing and sales of the semiconductor manufacturing equipment, paired with smart factory automation solutions for Industrial 4.0, together with the provision of maintenance services and technical support for these machines, as well as the sale of related spare parts and components. 2) Semiconductor material business unit is involved in the manufacturing and sales of solder spheres. 3) Others includes investment holding and other activities.

MI Technovation Bhd (XKLS:5286) Headlines

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