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Harden Technologies (Harden Technologies) Capex-to-Operating-Cash-Flow : 0.45 (As of Jun. 2023)


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What is Harden Technologies 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.

Harden Technologies's Capital Expenditure for the six months ended in Jun. 2023 was $-0.09 Mil. Its Cash Flow from Operations for the six months ended in Jun. 2023 was $0.19 Mil.

Hence, Harden Technologies's Capex-to-Operating-Cash-Flow for the six months ended in Jun. 2023 was 0.45.


Harden Technologies Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Harden Technologies'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.

Harden Technologies Capex-to-Operating-Cash-Flow Chart

Harden Technologies Annual Data
Trend Dec20 Dec21 Dec22
Capex-to-Operating-Cash-Flow
- 0.31 -

Harden Technologies Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial 0.03 1.03 - 0.06 0.45

Competitive Comparison of Harden Technologies's Capex-to-Operating-Cash-Flow

For the Specialty Industrial Machinery subindustry, Harden Technologies'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.


Harden Technologies's Capex-to-Operating-Cash-Flow Distribution in the Industrial Products Industry

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

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



Harden Technologies Capex-to-Operating-Cash-Flow Calculation

Harden Technologies's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.303) / -0.072
=N/A

Harden Technologies'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
=- (-0.085) / 0.189
=0.45

* 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.


Harden Technologies  (BATS:HAHA) 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.


Harden Technologies Capex-to-Operating-Cash-Flow Related Terms

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Harden Technologies (Harden Technologies) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
No. 6 Jingye Road, Building 8, Torch Development Zone, Zhongshan, CHN, 528400
Harden Technologies Inc is a waste management equipment and recycling equipment manufacturer in China, specializing in the manufacture of customized industrial shredders and material sorting machines and production lines.

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