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Fly Leasing (Fly Leasing) Capex-to-Operating-Cash-Flow : 0.06 (As of Mar. 2021)


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What is Fly Leasing 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.

Fly Leasing's Capital Expenditure for the three months ended in Mar. 2021 was $-1.60 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2021 was $28.12 Mil.

Hence, Fly Leasing's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2021 was 0.06.


Fly Leasing Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Fly Leasing'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.

Fly Leasing Capex-to-Operating-Cash-Flow Chart

Fly Leasing Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.63 2.47 3.90 1.21 0.84

Fly Leasing Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 0.66 13.79 0.08 0.13 0.06

Competitive Comparison of Fly Leasing's Capex-to-Operating-Cash-Flow

For the Aerospace & Defense subindustry, Fly Leasing'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.


Fly Leasing's Capex-to-Operating-Cash-Flow Distribution in the Aerospace & Defense Industry

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

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



Fly Leasing Capex-to-Operating-Cash-Flow Calculation

Fly Leasing's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Dec. 2020 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-92.302) / 110.17
=0.84

Fly Leasing's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2021 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-1.604) / 28.124
=0.06

* 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.


Fly Leasing  (NYSE:FLY) 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.


Fly Leasing Capex-to-Operating-Cash-Flow Related Terms

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Fly Leasing (Fly Leasing) Business Description

Traded in Other Exchanges
N/A
Address
West Pier Business Campus, Dun Laoghaire, County Dublin, IRL, A96 N6T7
Fly Leasing Ltd is principally involved in the commercial aircraft business. In addition, to arranging for the leasing of the fleet the group is also involved acquiring and disposing of aircraft, marketeering aircraft for lease and release, collecting rents and other payments from the lessees of aircraft, monitoring maintenance, insurance and other obligations under leases, and enforcing Fly Leasing's rights against lessees.

Fly Leasing (Fly Leasing) Headlines