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AMIC Forging (BOM:544037) Capex-to-Operating-Cash-Flow : 0.18 (As of Mar. 2023)


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What is AMIC Forging 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.

AMIC Forging's Capital Expenditure for the six months ended in Mar. 2023 was ₹-31.10 Mil. Its Cash Flow from Operations for the six months ended in Mar. 2023 was ₹177.80 Mil.

Hence, AMIC Forging's Capex-to-Operating-Cash-Flow for the six months ended in Mar. 2023 was 0.18.


AMIC Forging Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for AMIC Forging'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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AMIC Forging Capex-to-Operating-Cash-Flow Chart

AMIC Forging Annual Data
Trend Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
- 0.32 0.18

AMIC Forging Semi-Annual Data
Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow - 0.32 0.18

Competitive Comparison of AMIC Forging's Capex-to-Operating-Cash-Flow

For the Metal Fabrication subindustry, AMIC Forging'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.


AMIC Forging's Capex-to-Operating-Cash-Flow Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, AMIC Forging's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



AMIC Forging Capex-to-Operating-Cash-Flow Calculation

AMIC Forging's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-31.104) / 177.798
=0.17

AMIC Forging's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-31.104) / 177.798
=0.17

* 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.


AMIC Forging  (BOM:544037) 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.


AMIC Forging Capex-to-Operating-Cash-Flow Related Terms

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AMIC Forging (BOM:544037) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
3A, Garstin Place, 2nd Floor, Kolkata, WB, IND, 700001
AMIC Forging Ltd is engaged in the manufacturing of forged components. It manufactures precision machined components catering to various industries such as heavy Engineering, Steel Industry, Oil and gas, Petrochemicals, Chemicals, Refineries, Thermal Power, Nuclear Power, Hydro Power, Cement Industry, Sugar, and other related industries. It manufactures different forging components such as Gear Couplings, Roller Shaft, Brake Drum, Hook and other products as per international standards like AISI, BS, IS, DIN, etc.

AMIC Forging (BOM:544037) Headlines

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