What is Tung Ho Steel Enterprise 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.
Hence, Tung Ho Steel Enterprise's Capex-to-Operating-Cash-Flow for the
three
months ended in Mar. 2024 was 0.29.
Tung Ho Steel Enterprise Capex-to-Operating-Cash-Flow Historical Data
The historical data trend for Tung Ho Steel Enterprise'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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Tung Ho Steel Enterprise Capex-to-Operating-Cash-Flow Chart
Competitive Comparison of Tung Ho Steel Enterprise's Capex-to-Operating-Cash-Flow
For the Steel subindustry, Tung Ho Steel Enterprise'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.
Tung Ho Steel Enterprise's Capex-to-Operating-Cash-Flow Distribution in the Steel Industry
For the Steel industry and Basic Materials sector, Tung Ho Steel Enterprise's Capex-to-Operating-Cash-Flow distribution charts can be found below:
* The bar in red indicates where Tung Ho Steel Enterprise's Capex-to-Operating-Cash-Flow falls into.
Tung Ho Steel Enterprise Capex-to-Operating-Cash-Flow Calculation
Tung Ho Steel Enterprise's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
Tung Ho Steel Enterprise (TPE:2006) 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.
Tung Ho Steel Enterprise Capex-to-Operating-Cash-Flow Related Terms
Thank you for viewing the detailed overview of Tung Ho Steel Enterprise's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.
Tung Ho Steel Enterprise (TPE:2006) Business Description
Tung Ho Steel Enterprise Corp is a Taiwan-based company that is primarily engaged in the manufacturing and distribution of steel products. The company's product portfolio includes rebar, which is primarily applied in building projects, including high-rises, factories, public construction, and social welfare initiatives; steel section, which is used in buildings (steel structures) and other construction projects (bridges, ships, vehicles, and so on); and steel plate, which is broadly utilized in factories, logistics warehouses, office and residential buildings, bridges, and other buildings. Rebar and steel section account for the majority of the company's revenue. The company generates most of its sales from the Taiwan domestic market.
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