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Sinopec Oilfield Service (Sinopec Oilfield Service) Capex-to-Operating-Cash-Flow : 0.00 (As of Mar. 2024)


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What is Sinopec Oilfield Service 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.

Sinopec Oilfield Service's Capital Expenditure for the three months ended in Mar. 2024 was $-36.10 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was $-106.29 Mil.

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


Sinopec Oilfield Service Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Sinopec Oilfield Service'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.

Sinopec Oilfield Service Capex-to-Operating-Cash-Flow Chart

Sinopec Oilfield Service Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 0.39 0.54 0.93 0.75

Sinopec Oilfield Service Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.47 1.16 0.36 -

Competitive Comparison of Sinopec Oilfield Service's Capex-to-Operating-Cash-Flow

For the Oil & Gas Drilling subindustry, Sinopec Oilfield Service'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.


Sinopec Oilfield Service's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Sinopec Oilfield Service's Capex-to-Operating-Cash-Flow falls into.



Sinopec Oilfield Service Capex-to-Operating-Cash-Flow Calculation

Sinopec Oilfield Service'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
=- (-581.721) / 781.058
=0.74

Sinopec Oilfield Service'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
=- (-36.103) / -106.292
=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.


Sinopec Oilfield Service  (OTCPK:YZCFF) 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.


Sinopec Oilfield Service Capex-to-Operating-Cash-Flow Related Terms

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Sinopec Oilfield Service (Sinopec Oilfield Service) Business Description

Traded in Other Exchanges
Address
No. 9 Jishikou Road, Changyang District, Beijing, CHN, 100728
Sinopec Oilfield Service Corp engages in the provision of onshore and offshore oil and natural gas, exploration, provision of contracting, design, and construction services for the oil and gas projects. It operates through five segments: Geophysics, which provides technical and development, exploration geophysical services; Drilling engineering segment, which provides drilling design, and construction, technical services; Logging and mud logging segment; Special downhole segment, which provides oil engineering technical and construction services; and Engineering construction segment, which provides a package of services, including feasibility studies, procurement, and others. Its geographical segments are, The PRC, Middle East and Other countries.

Sinopec Oilfield Service (Sinopec Oilfield Service) Headlines

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