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Widgie Nickel (ASX:WIN) Capex-to-Operating-Cash-Flow : 0.00 (As of Dec. 2023)


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What is Widgie Nickel 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.

Widgie Nickel's Capital Expenditure for the six months ended in Dec. 2023 was A$-0.36 Mil. Its Cash Flow from Operations for the six months ended in Dec. 2023 was A$-8.95 Mil.

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


Widgie Nickel Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Widgie Nickel'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.

Widgie Nickel Capex-to-Operating-Cash-Flow Chart

Widgie Nickel Annual Data
Trend Jun23
Capex-to-Operating-Cash-Flow
-

Widgie Nickel Semi-Annual Data
Dec20 Dec21 Dec22 Jun23 Dec23
Capex-to-Operating-Cash-Flow - - - - -

Competitive Comparison of Widgie Nickel's Capex-to-Operating-Cash-Flow

For the Other Industrial Metals & Mining subindustry, Widgie Nickel'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.


Widgie Nickel's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

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

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



Widgie Nickel Capex-to-Operating-Cash-Flow Calculation

Widgie Nickel's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1.155) / -14.922
=N/A

Widgie Nickel'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
=- (-0.358) / -8.952
=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.


Widgie Nickel  (ASX:WIN) 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.


Widgie Nickel Capex-to-Operating-Cash-Flow Related Terms

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Widgie Nickel (ASX:WIN) Business Description

Traded in Other Exchanges
Address
220 St Georges Terrace, Level 4, Perth, WA, AUS, 6000
Widgie Nickel Ltd is a nickel exploration and development company. Its projects include Widgie South, Widgie North, Widgie West, and Lake Eaton-Mt Eaton. The company operates in given segments comprised of exploration and development activities over the Mt Edwards Project. It operates in a single geographical area which is Australia.

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