GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Sankei Real Estate Inc (TSE:2972) » Definitions » Capex-to-Operating-Cash-Flow

Sankei Real Estate (TSE:2972) Capex-to-Operating-Cash-Flow : 4.44 (As of Aug. 2023)


View and export this data going back to 2019. Start your Free Trial

What is Sankei Real Estate 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.

Sankei Real Estate's Capital Expenditure for the six months ended in Aug. 2023 was 円-7,021.69 Mil. Its Cash Flow from Operations for the six months ended in Aug. 2023 was 円1,583.28 Mil.

Hence, Sankei Real Estate's Capex-to-Operating-Cash-Flow for the six months ended in Aug. 2023 was 4.44.


Sankei Real Estate Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Sankei Real Estate'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.

Sankei Real Estate Capex-to-Operating-Cash-Flow Chart

Sankei Real Estate Annual Data
Trend Aug19 Aug20 Aug21 Aug22 Aug23
Capex-to-Operating-Cash-Flow
- 6.37 2.29 6.97 2.47

Sankei Real Estate Semi-Annual Data
Apr19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only 21.39 0.04 0.10 4.44 0.49

Competitive Comparison of Sankei Real Estate's Capex-to-Operating-Cash-Flow

For the REIT - Office subindustry, Sankei Real Estate'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.


Sankei Real Estate's Capex-to-Operating-Cash-Flow Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Sankei Real Estate's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Sankei Real Estate's Capex-to-Operating-Cash-Flow falls into.



Sankei Real Estate Capex-to-Operating-Cash-Flow Calculation

Sankei Real Estate's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Aug. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-7153.1) / 2894.177
=2.47

Sankei Real Estate's Capex-to-Operating-Cash-Flow for the quarter that ended in Aug. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-7021.691) / 1583.278
=4.43

* 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.


Sankei Real Estate  (TSE:2972) 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.


Sankei Real Estate Capex-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Sankei Real Estate's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Sankei Real Estate (TSE:2972) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1-7-2 Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004
Sankei Real Estate Inc is a Japanese based J-REIT. The company is engaged in the leasing of real estate properties, and owns office buildings.

Sankei Real Estate (TSE:2972) Headlines

No Headlines