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Alternus Clean Energy (Alternus Clean Energy) Capex-to-Operating-Cash-Flow : 1.73 (As of Dec. 2023)


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What is Alternus Clean Energy 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.

Alternus Clean Energy's Capital Expenditure for the six months ended in Dec. 2023 was $-18.04 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was $10.44 Mil.

Hence, Alternus Clean Energy's Capex-to-Operating-Cash-Flow for the six months ended in Dec. 2023 was 1.73.


Alternus Clean Energy Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Alternus Clean Energy'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.

Alternus Clean Energy Capex-to-Operating-Cash-Flow Chart

Alternus Clean Energy Annual Data
Trend Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
- - 1.73

Alternus Clean Energy Semi-Annual Data
Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow - - 1.73

Competitive Comparison of Alternus Clean Energy's Capex-to-Operating-Cash-Flow

For the Utilities - Renewable subindustry, Alternus Clean Energy'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.


Alternus Clean Energy's Capex-to-Operating-Cash-Flow Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Alternus Clean Energy's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Alternus Clean Energy Capex-to-Operating-Cash-Flow Calculation

Alternus Clean Energy'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
=- (-18.039) / 10.438
=1.73

Alternus Clean Energy's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-18.039) / 10.438
=1.73

* 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.


Alternus Clean Energy  (NAS:ALCE) 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.


Alternus Clean Energy Capex-to-Operating-Cash-Flow Related Terms

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Alternus Clean Energy (Alternus Clean Energy) Business Description

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Traded in Other Exchanges
N/A
Address
Blanchardstown Corporate Park 2, Suite 9 & 10 Plaza 212, Dublin, IRL, D15 R504
Alternus Clean Energy Inc is an international independent clean energy producer. It develops, installs, owns and operates a diverse portfolio of utility-scale solar photovoltaic power stations (PV parks) in Europe and in the USA as a long-term owner. The solar parks benefit from long-term government offtake contracts and/or Power Purchase Agreements (PPAs) with investment grade off-takers, plus energy sales to local power grids.

Alternus Clean Energy (Alternus Clean Energy) Headlines