Thermal Energy International (TSXV:TMG) Capex-to-Operating-Cash-Flow : 0.01 (As of Feb. 2024)

Thermal Energy International Capex-to-Operating-Cash-Flow Chart

Thermal Energy International Annual Data
	Trend	May14	May15	May16	May17	May18	May19	May20	May21	May22	May23
Capex-to-Operating-Cash-Flow		Get a 7-Day Free Trial					0.13	0.22	-	-	0.06

Thermal Energy International Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Capex-to-Operating-Cash-Flow	Get a 7-Day Free Trial															0.02	-	0.03	-	0.01

Competitive Comparison of Thermal Energy International's Capex-to-Operating-Cash-Flow

For the Pollution & Treatment Controls subindustry, Thermal Energy International'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.

Thermal Energy International's Capex-to-Operating-Cash-Flow Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermal Energy International's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Thermal Energy International's Capex-to-Operating-Cash-Flow falls into.

Thermal Energy International Capex-to-Operating-Cash-Flow Calculation

Thermal Energy International's Capex-to-Operating-Cash-Flow for the fiscal year that ended in May. 2023 is calculated as

Thermal Energy International's Capex-to-Operating-Cash-Flow for the quarter that ended in Feb. 2024 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.

Thermal Energy International  (TSXV:TMG) 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.

Thermal Energy International Capex-to-Operating-Cash-Flow Related Terms

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Thermal Energy International (TSXV:TMG) Business Description