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Equinox Resources (ASX:EQN) Capex-to-Operating-Cash-Flow : 0.00 (As of Jun. 2023)


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What is Equinox 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.

Equinox Resources's Capital Expenditure for the three months ended in Jun. 2023 was A$0.00 Mil. Its Cash Flow from Operations for the three months ended in Jun. 2023 was A$0.00 Mil.

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


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

The historical data trend for Equinox 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.

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

Equinox Resources Annual Data
Trend Jun22 Jun23
Capex-to-Operating-Cash-Flow
- -

Equinox Resources Quarterly Data
Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Cash-Flow - - - - -

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

For the Steel subindustry, Equinox 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.


Equinox Resources's Capex-to-Operating-Cash-Flow Distribution in the Steel Industry

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

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



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

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

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.713) / -1.079
=N/A

Equinox Resources'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) / 0
=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.


Equinox Resources  (ASX:EQN) 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.


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

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Equinox Resources (ASX:EQN) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
182 St George's Terrace, Level 50, Perth, WA, AUS, 6000
Equinox Resources Ltd is a mineral exploration appraising and development company. It owns interests in the Hamersley Iron Ore Project is located north of Tom Price in the Pilbara region of Western Australia.

Equinox Resources (ASX:EQN) Headlines

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