GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strathcona Resources Ltd (TSX:SCR) » Definitions » Capex-to-Operating-Cash-Flow

Strathcona Resources (TSX:SCR) Capex-to-Operating-Cash-Flow : 0.70 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Strathcona Resources 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.

Strathcona Resources's Capital Expenditure for the three months ended in Mar. 2024 was C$-286.10 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was C$408.80 Mil.

Hence, Strathcona Resources's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.70.


Strathcona Resources Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Strathcona Resources'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.

Strathcona Resources Capex-to-Operating-Cash-Flow Chart

Strathcona Resources Annual Data
Trend Dec22 Dec23
Capex-to-Operating-Cash-Flow
0.43 0.69

Strathcona Resources Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial 0.35 1.26 1.09 0.61 0.70

Competitive Comparison of Strathcona Resources's Capex-to-Operating-Cash-Flow

For the Oil & Gas E&P subindustry, Strathcona Resources'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.


Strathcona Resources's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strathcona Resources's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Strathcona Resources Capex-to-Operating-Cash-Flow Calculation

Strathcona Resources's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1050.2) / 1524.7
=0.69

Strathcona Resources's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-286.1) / 408.8
=0.70

* 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.


Strathcona Resources  (TSX:SCR) 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.


Strathcona Resources Capex-to-Operating-Cash-Flow Related Terms

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


Strathcona Resources (TSX:SCR) Business Description

Industry
Traded in Other Exchanges
Address
421 7th Avenue South west, 1900, Calgary, AB, CAN, T2P4K9
Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. The company focuses on thermal oil, enhanced oil recovery, and condensate-rich Montney.

Strathcona Resources (TSX:SCR) Headlines

From GuruFocus

theScore to Report Q3 F2021 Financial Results on Tuesday, July 13, 2021

By Business Wire Business Wire 07-06-2021

theScore Announces Initial Public Offering in the United States

By Business Wire Business Wire 02-23-2021