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Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Capex-to-Operating-Cash-Flow : 0.28 (As of Dec. 2023)


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What is Burgan Company for Well Drilling Trading and MaintenanceK 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.

Burgan Company for Well Drilling Trading and MaintenanceK's Capital Expenditure for the three months ended in Dec. 2023 was KWD-0.72 Mil. Its Cash Flow from Operations for the three months ended in Dec. 2023 was KWD2.60 Mil.

Hence, Burgan Company for Well Drilling Trading and MaintenanceK's Capex-to-Operating-Cash-Flow for the three months ended in Dec. 2023 was 0.28.


Burgan Company for Well Drilling Trading and MaintenanceK Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Burgan Company for Well Drilling Trading and MaintenanceK'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.

Burgan Company for Well Drilling Trading and MaintenanceK Capex-to-Operating-Cash-Flow Chart

Burgan Company for Well Drilling Trading and MaintenanceK Annual Data
Trend Mar12 Mar13 Mar14 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.69 0.46 0.44 0.34

Burgan Company for Well Drilling Trading and MaintenanceK Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.27 0.24 0.03 0.35 0.28

Competitive Comparison of Burgan Company for Well Drilling Trading and MaintenanceK's Capex-to-Operating-Cash-Flow

For the Oil & Gas Drilling subindustry, Burgan Company for Well Drilling Trading and MaintenanceK'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.


Burgan Company for Well Drilling Trading and MaintenanceK's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Burgan Company for Well Drilling Trading and MaintenanceK's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Burgan Company for Well Drilling Trading and MaintenanceK's Capex-to-Operating-Cash-Flow falls into.



Burgan Company for Well Drilling Trading and MaintenanceK Capex-to-Operating-Cash-Flow Calculation

Burgan Company for Well Drilling Trading and MaintenanceK's Capex-to-Operating-Cash-Flow for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-7.088) / 20.958
=0.34

Burgan Company for Well Drilling Trading and MaintenanceK'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
=- (-0.716) / 2.597
=0.28

* 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.


Burgan Company for Well Drilling Trading and MaintenanceK  (KUW:ABAR) 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.


Burgan Company for Well Drilling Trading and MaintenanceK Capex-to-Operating-Cash-Flow Related Terms

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Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Business Description

Traded in Other Exchanges
N/A
Address
Al-Ahmadi, Street 306, Al Fahaheel, Block 3, P.O. Box 47143, West Industrial Shuaiba, Kuwait, KWT, 64022
Burgan Company for Well Drilling Trading and Maintenance SAK is engaged in the provision of drilling, exploration, and maintenance services of wells for oil and gas companies. It serves its clients to drill their deep, medium, and shallow wells and carry also workover operations for the same. The company's operating segment being Oil and Gas well services. Geographically, it operates and derives revenue only from Kuwait.

Burgan Company for Well Drilling Trading and MaintenanceK (KUW:ABAR) Headlines

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