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Medi Assist Healthcare Services (NSE:MEDIASSIST) Capex-to-Operating-Cash-Flow : 0.00 (As of Sep. 2023)


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What is Medi Assist Healthcare Services 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.

Medi Assist Healthcare Services's Capital Expenditure for the six months ended in Sep. 2023 was ₹-58.92 Mil. Its Cash Flow from Operations for the six months ended in Sep. 2023 was ₹-189.11 Mil.

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


Medi Assist Healthcare Services Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Medi Assist Healthcare Services'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.

Medi Assist Healthcare Services Capex-to-Operating-Cash-Flow Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
0.10 0.18 0.35

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23
Capex-to-Operating-Cash-Flow - - 0.42 0.31 -

Competitive Comparison of Medi Assist Healthcare Services's Capex-to-Operating-Cash-Flow

For the Healthcare Plans subindustry, Medi Assist Healthcare Services'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.


Medi Assist Healthcare Services's Capex-to-Operating-Cash-Flow Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Capex-to-Operating-Cash-Flow falls into.



Medi Assist Healthcare Services Capex-to-Operating-Cash-Flow Calculation

Medi Assist Healthcare Services'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
=- (-276.69) / 787.18
=0.35

Medi Assist Healthcare Services's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-58.92) / -189.11
=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.


Medi Assist Healthcare Services  (NSE:MEDIASSIST) 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.


Medi Assist Healthcare Services Capex-to-Operating-Cash-Flow Related Terms

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Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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