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Smurfit Kappa Group (FRA:SK3) Capex-to-Operating-Cash-Flow : 0.46 (As of Dec. 2023)


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What is Smurfit Kappa Group 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.

Smurfit Kappa Group's Capital Expenditure for the six months ended in Dec. 2023 was €-434.00 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was €951.00 Mil.

Hence, Smurfit Kappa Group's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 0.46.


Smurfit Kappa Group Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Smurfit Kappa Group'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.

Smurfit Kappa Group Capex-to-Operating-Cash-Flow Chart

Smurfit Kappa Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.54 0.41 0.62 0.61 0.57

Smurfit Kappa Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.61 0.98 0.46 0.75 0.46

Competitive Comparison of Smurfit Kappa Group's Capex-to-Operating-Cash-Flow

For the Packaging & Containers subindustry, Smurfit Kappa Group'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.


Smurfit Kappa Group's Capex-to-Operating-Cash-Flow Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Smurfit Kappa Group's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Smurfit Kappa Group's Capex-to-Operating-Cash-Flow falls into.



Smurfit Kappa Group Capex-to-Operating-Cash-Flow Calculation

Smurfit Kappa Group'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
=- (-859) / 1517
=0.57

Smurfit Kappa Group'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
=- (-434) / 951
=0.46

* 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.


Smurfit Kappa Group  (FRA:SK3) 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.


Smurfit Kappa Group Capex-to-Operating-Cash-Flow Related Terms

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Smurfit Kappa Group (FRA:SK3) Business Description

Address
Beech Hill, Clonskeagh, Dublin 4, IRL, D04 N2R2
Smurfit Kappa Group PLC manufactures and sells paper-based packaging products. The company owns mills that produce containerboard, which is then shipped to the company's plants, where it is converted into corrugated packaging products. The packaging products include solid board, sack kraft paper, and folding cartons. The firm organizes itself into two segments based on geography: Europe and the Americas. The Europe segment generates the majority of the revenue. The Americas segment owns forestland in Latin America, where Smurfit Kappa harvests timber for its mills.

Smurfit Kappa Group (FRA:SK3) Headlines

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