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New Destiny Mining (New Destiny Mining) Capex-to-Operating-Cash-Flow : 0.00 (As of Mar. 2024)


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What is New Destiny Mining 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.

New Destiny Mining's Capital Expenditure for the three months ended in Mar. 2024 was $0.00 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was $-0.01 Mil.

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


New Destiny Mining Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for New Destiny Mining'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.

New Destiny Mining Capex-to-Operating-Cash-Flow Chart

New Destiny Mining Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Cash-Flow
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New Destiny Mining Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of New Destiny Mining's Capex-to-Operating-Cash-Flow

For the Other Industrial Metals & Mining subindustry, New Destiny Mining'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.


New Destiny Mining's Capex-to-Operating-Cash-Flow Distribution in the Metals & Mining Industry

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

* The bar in red indicates where New Destiny Mining's Capex-to-Operating-Cash-Flow falls into.



New Destiny Mining Capex-to-Operating-Cash-Flow Calculation

New Destiny Mining'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
=- (0) / -0.044
=N/A

New Destiny Mining'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
=- (0) / -0.013
=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.


New Destiny Mining  (OTCPK:NDMCF) 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.


New Destiny Mining Capex-to-Operating-Cash-Flow Related Terms

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New Destiny Mining (New Destiny Mining) Business Description

Traded in Other Exchanges
Address
888 Dunsmuir Street, Suite 888, Vancouver, BC, CAN, V6C 3K4
New Destiny Mining Corp is a junior mineral exploration company engaged in the business of acquiring, exploring, and evaluating mineral properties. Its project consists of the Treasure Mountain Property located to the east of Hope, British Columbia. It develops and mines polymetallic (silver, gold, lead, zinc, copper and / or molybdenum) deposits.