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Visible Gold Mines (TSXV:VGD) Capex-to-Operating-Cash-Flow : 0.00 (As of Jan. 2024)


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What is Visible Gold Mines 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.

Visible Gold Mines's Capital Expenditure for the three months ended in Jan. 2024 was C$0.00 Mil. Its Cash Flow from Operations for the three months ended in Jan. 2024 was C$-0.05 Mil.

GuruFocus do not calculate Capex-to-Operating-Cash-Flow if the Cash Flow from Operations is negative.


Visible Gold Mines Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Visible Gold Mines'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.

Visible Gold Mines Capex-to-Operating-Cash-Flow Chart

Visible Gold Mines Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Capex-to-Operating-Cash-Flow
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Visible Gold Mines Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Visible Gold Mines's Capex-to-Operating-Cash-Flow

For the Gold subindustry, Visible Gold Mines'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.


Visible Gold Mines's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Visible Gold Mines's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Visible Gold Mines's Capex-to-Operating-Cash-Flow falls into.



Visible Gold Mines Capex-to-Operating-Cash-Flow Calculation

Visible Gold Mines's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jul. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.115) / -0.343
=N/A

Visible Gold Mines's Capex-to-Operating-Cash-Flow for the quarter that ended in Jan. 2024 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (0) / -0.051
=N/A

* 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.


Visible Gold Mines  (TSXV:VGD) 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.


Visible Gold Mines Capex-to-Operating-Cash-Flow Related Terms

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Visible Gold Mines (TSXV:VGD) Business Description

Traded in Other Exchanges
Address
147 Quebec Avenue (porte arriere), Rouyn-Noranda, QC, CAN, J9X 6M8
Visible Gold Mines Inc is engaged in the acquisition and exploration of mineral properties with prospects for hosting gold mineral deposits in Canada. The company has a single reporting segment. Its properties include CarLi Project, Piko Property, NataLi Project, Veronik, Piko, Horsefly, Hazeur and others.
Executives
Sylvain Champagne Director, Senior Officer

Visible Gold Mines (TSXV:VGD) Headlines

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