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Orbit Technologies (XTAE:ORBI) Capex-to-Operating-Cash-Flow : 1.19 (As of Jun. 2023)


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What is Orbit Technologies 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.

Orbit Technologies's Capital Expenditure for the three months ended in Jun. 2023 was ₪-7.09 Mil. Its Cash Flow from Operations for the three months ended in Jun. 2023 was ₪5.94 Mil.

Hence, Orbit Technologies's Capex-to-Operating-Cash-Flow for the three months ended in Jun. 2023 was 1.19.


Orbit Technologies Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Orbit Technologies'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.

Orbit Technologies Capex-to-Operating-Cash-Flow Chart

Orbit Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial 0.42 0.30 0.11 0.21 59.82

Orbit Technologies Quarterly Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Mar22 Jun22 Dec22 Mar23 Jun23
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.95 - - - 1.19

Competitive Comparison of Orbit Technologies's Capex-to-Operating-Cash-Flow

For the Aerospace & Defense subindustry, Orbit Technologies'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.


Orbit Technologies's Capex-to-Operating-Cash-Flow Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Orbit Technologies's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Orbit Technologies Capex-to-Operating-Cash-Flow Calculation

Orbit Technologies's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-30.688) / 0.513
=59.82

Orbit Technologies's Capex-to-Operating-Cash-Flow for the quarter that ended in Jun. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-7.092) / 5.942
=1.19

* 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.


Orbit Technologies  (XTAE:ORBI) 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.


Orbit Technologies Capex-to-Operating-Cash-Flow Related Terms

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Orbit Technologies (XTAE:ORBI) Business Description

Traded in Other Exchanges
N/A
Address
8D Hatzoran Street, PO Box 8657, Netanya, ISR, 4250608
Orbit Technologies Ltd is an Israel based company engages in the provision of Satellite Communications Systems, Tracking and Telemetry Systems and Communication Management Systems for Airborne, Marine, and Ground vessels, in both Commercial and Military applications. Its activities are divided into below the main business lines. The Mobile Satcom business line offers marine, air, train, and land mobile satcom systems that are used for television reception and for data applications such as Internet and video. Its Tracking business line provides full solutions for tracking low orbiting satellites, aircraft, UAVs, and missiles.

Orbit Technologies (XTAE:ORBI) Headlines

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