Cannon Resources (ASX:CNR) Capex-to-Operating-Cash-Flow : 0.00 (As of Dec. 2021)

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What is Cannon 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.

Cannon Resources's Capital Expenditure for the six months ended in Dec. 2021 was A$-0.00 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2021 was A$-2.83 Mil.

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

Cannon Resources Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Cannon 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.

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Cannon Resources Capex-to-Operating-Cash-Flow Chart

Cannon Resources Annual Data

Trend

Jun22

Capex-to-Operating-Cash-Flow

Cannon Resources Semi-Annual Data
	Dec21	Jun22
Capex-to-Operating-Cash-Flow	-	-

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

For the Other Industrial Metals & Mining subindustry, Cannon 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.

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

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

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

Cannon Resources Capex-to-Operating-Cash-Flow Calculation

Cannon Resources's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jun. 2022 is calculated as

Capex-to-Operating-Cash-Flow	=	- Capital Expenditure	/	Cash Flow from Operations
	=	- (-0.326)	/	-5.387
	=	N/A

Cannon Resources's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2021 is calculated as

Capex-to-Operating-Cash-Flow	=	- Capital Expenditure	/	Cash Flow from Operations
	=	- (-0.003)	/	-2.832
	=	N/A

Cannon Resources (ASX:CNR) 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.

Cannon Resources Capex-to-Operating-Cash-Flow Related Terms

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Cannon Resources (ASX:CNR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Cannon Resources Ltd (ASX:CNR) » Definitions » Capex-to-Operating-Cash-Flow

Comparable Companies

Traded in Other Exchanges

N/A

Address

87 Colin Street, Level 2, West Perth, Perth, WA, AUS, 6005

Website

https://www.cannonres.com.au

Cannon Resources Ltd is a mineral exploration and development company. It is engaged in two projects located in the North-Eastern Goldfields region of Western Australia. The Fisher East Project contains nickel deposits of Camelwood, Cannonball, and Musket; and the Collurabbie Project. The Group operates within the mineral exploration industry in Australia.