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Drone Destination (NSE:DRONE) Capex-to-Operating-Cash-Flow : 7.03 (As of Mar. 2023)


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What is Drone Destination 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.

Drone Destination's Capital Expenditure for the six months ended in Mar. 2023 was ₹-58.40 Mil. Its Cash Flow from Operations for the six months ended in Mar. 2023 was ₹8.30 Mil.

Hence, Drone Destination's Capex-to-Operating-Cash-Flow for the six months ended in Mar. 2023 was 7.03.


Drone Destination Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Drone Destination'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.

Drone Destination Capex-to-Operating-Cash-Flow Chart

Drone Destination Annual Data
Trend Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
- - 7.03

Drone Destination Semi-Annual Data
Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow - - 7.03

Competitive Comparison of Drone Destination's Capex-to-Operating-Cash-Flow

For the Education & Training Services subindustry, Drone Destination'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.


Drone Destination's Capex-to-Operating-Cash-Flow Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, Drone Destination's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Drone Destination Capex-to-Operating-Cash-Flow Calculation

Drone Destination'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
=- (-58.403) / 8.304
=7.03

Drone Destination's Capex-to-Operating-Cash-Flow for the quarter that ended in Mar. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-58.403) / 8.304
=7.03

* 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.


Drone Destination  (NSE:DRONE) 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.


Drone Destination Capex-to-Operating-Cash-Flow Related Terms

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Drone Destination (NSE:DRONE) Business Description

Traded in Other Exchanges
N/A
Address
C-13, Ground Floor, Panchsheel Enclave, Delhi, IND, 110017
Drone Destination Ltd is a DGCA-authorized Remote Pilot Training Organization that has developed an integrated drone eco-system built around drone manufacturing, certified training, services, and renting a drone. The company operates the largest network of DGCA-certified Drone Pilot Training Programs. Drone Destination currently operates nine Drone Hubs at Gurugram, Dharamshala, Chandigarh, Gwalior, Ahmedabad, Bangalore, Coimbatore, Madurai and IFFCO Phulpur.

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