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Natural Gas Services Group (Natural Gas Services Group) Capex-to-Operating-Cash-Flow : 1.95 (As of Mar. 2024)


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What is Natural Gas Services Group 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.

Natural Gas Services Group's Capital Expenditure for the three months ended in Mar. 2024 was $-10.93 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was $5.61 Mil.

Hence, Natural Gas Services Group's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 1.95.


Natural Gas Services Group Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Natural Gas Services Group'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.

Natural Gas Services Group Capex-to-Operating-Cash-Flow Chart

Natural Gas Services Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Cash-Flow
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.38 0.47 0.90 2.35 8.54

Natural Gas Services Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.62 10.33 11.48 - 1.95

Competitive Comparison of Natural Gas Services Group's Capex-to-Operating-Cash-Flow

For the Oil & Gas Equipment & Services subindustry, Natural Gas Services Group'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.


Natural Gas Services Group's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Natural Gas Services Group's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where Natural Gas Services Group's Capex-to-Operating-Cash-Flow falls into.



Natural Gas Services Group Capex-to-Operating-Cash-Flow Calculation

Natural Gas Services Group'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
=- (-153.943) / 18.033
=8.54

Natural Gas Services Group'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
=- (-10.932) / 5.609
=1.95

* 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.


Natural Gas Services Group  (NYSE:NGS) 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.


Natural Gas Services Group Capex-to-Operating-Cash-Flow Related Terms

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Natural Gas Services Group (Natural Gas Services Group) Business Description

Traded in Other Exchanges
N/A
Address
404 Veterans Airpark Lane, Suite 300, Midland, TX, USA, 79705
Natural Gas Services Group Inc provides natural gas compression equipment and services to the energy industry. The company manufacture, fabricate, rent, sell and maintain natural gas compressors and flare systems for oil and natural gas production and plant facilities. Its operating units include Gas Compressor Rental, Engineered Equipment Sales, Service, and Maintenance. The company generates the majority of its revenue by renting out low- to medium-horsepower compression equipment to natural gas production companies in unconventional oil and gas regions of the United States.
Executives
Georganne Hodges director 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
John D. Bittner officer: Interim CFO 1920 MCKINNEY AVENUE, SUITE 950, DALLAS TX 75201
Brian L Tucker officer: Chief Operating Officer 1250 NE LOOP 410, #1000, SAN ANTONIO TX 78209
Donald J Tringali director C/O INFORMATION ANALYSIS INCORPORATED, 11240 WAPLES MILL RD STE 201, FAIRFAX VA 22030
Justin Jacobs director 382 GREENWICH AVE, SUITE ONE, GREENWICH CT 06830
James D Faircloth officer: Interim CFO 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Leslie Ann Beyer director C/O NATURAL GAS SERVICES GROUP., INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
James R Hazlett officer: Vice President-Technical Svcs. 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Stephen Charles Taylor director, officer: President and CEO 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
John Chisholm director C/O FLOTEK INDUSTRIES, INC., 2930 W. SAM HOUSTON PARKWAY N., STE. 300, HOUSTON TX 77043
Micah C. Foster officer: Chief Financial Officer 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
Nigel Jenvey director 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
James R Lawrence officer: VP & Chief Financial Officer C/O NATURAL GAS SERVICES GROUP, INC., 404 VETERANS AIRPARK LANE, SUITE 300, MIDLAND TX 79705
David L Bradshaw director 508 WEST WALL STREET, SUITE 550, MIDLAND TX 79701
G Larry Lawrence officer: Chief Financial Officer C/O LEGACY RESERVES GP, LLC, 303 W. WALL STREET, SUITE 1600, MIDLAND TX 79701