Ramsay Health Care (Ramsay Health Care) Capex-to-Operating-Cash-Flow : 1.93 (As of Dec. 2023)

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What is Ramsay Health Care 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.

Ramsay Health Care's Capital Expenditure for the six months ended in Dec. 2023 was $-268.14 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was $139.29 Mil.

Hence, Ramsay Health Care's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 1.93.

Ramsay Health Care Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Ramsay Health Care'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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Ramsay Health Care Capex-to-Operating-Cash-Flow Chart

Ramsay Health Care Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Capex-to-Operating-Cash-Flow

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0.66

0.41

0.43

0.99

0.56

Ramsay Health Care 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															2.16	0.60	0.84	0.42	1.93

Competitive Comparison of Ramsay Health Care's Capex-to-Operating-Cash-Flow

For the Medical Care Facilities subindustry, Ramsay Health Care'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.

Ramsay Health Care's Capex-to-Operating-Cash-Flow Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Ramsay Health Care's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Ramsay Health Care's Capex-to-Operating-Cash-Flow falls into.

Ramsay Health Care Capex-to-Operating-Cash-Flow Calculation

Ramsay Health Care'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
	=	- (-483.826)	/	858.792
	=	0.56

Ramsay Health Care'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
	=	- (-268.139)	/	139.29
	=	1.93

Ramsay Health Care (OTCPK:RMYHY) 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.

Ramsay Health Care Capex-to-Operating-Cash-Flow Related Terms

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Ramsay Health Care (Ramsay Health Care) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Ramsay Health Care Ltd (OTCPK:RMYHY) » Definitions » Capex-to-Operating-Cash-Flow

Comparable Companies

Traded in Other Exchanges

RMSYF:USA RMY:Germany RHCPA.PFD:Australia RHC:Australia

Address

126 Phillip Street, Suite 18.03, Level 18, Deutsche Bank Place, Sydney, NSW, AUS, 2000

Website

https://www.ramsayhealth.com

Ramsay Health Care is one of the largest private healthcare providers in the world, with over 460 facilities across 10 countries. The key markets in which it operates are Australia, France, the U.K., and Sweden. It is the largest private hospital group in each of these markets except for the U.K. where it ranks fifth. Ramsay Sante, which operates the European regions other than the U.K., is a 52.5%-owned subsidiary of Ramsay Health Care. The company typically earns about 60% of consolidated earnings in Australia and 30% in France. Ramsay Health Care undertakes both private and publicly funded healthcare.