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HI-Green Carbon (NSE:HIGREEN) Capex-to-Operating-Cash-Flow : 0.41 (As of Mar. 2023)


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What is HI-Green Carbon 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.

HI-Green Carbon's Capital Expenditure for the six months ended in Mar. 2023 was ₹-63.01 Mil. Its Cash Flow from Operations for the six months ended in Mar. 2023 was ₹155.31 Mil.

Hence, HI-Green Carbon's Capex-to-Operating-Cash-Flow for the six months ended in Mar. 2023 was 0.41.


HI-Green Carbon Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for HI-Green Carbon'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.

HI-Green Carbon Capex-to-Operating-Cash-Flow Chart

HI-Green Carbon Annual Data
Trend Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
- 0.55 0.41

HI-Green Carbon Semi-Annual Data
Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow - 0.55 0.41

Competitive Comparison of HI-Green Carbon's Capex-to-Operating-Cash-Flow

For the Specialty Chemicals subindustry, HI-Green Carbon'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.


HI-Green Carbon's Capex-to-Operating-Cash-Flow Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, HI-Green Carbon's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where HI-Green Carbon's Capex-to-Operating-Cash-Flow falls into.



HI-Green Carbon Capex-to-Operating-Cash-Flow Calculation

HI-Green Carbon'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
=- (-63.014) / 155.311
=0.41

HI-Green Carbon'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
=- (-63.014) / 155.311
=0.41

* 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.


HI-Green Carbon  (NSE:HIGREEN) 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.


HI-Green Carbon Capex-to-Operating-Cash-Flow Related Terms

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HI-Green Carbon (NSE:HIGREEN) Business Description

Traded in Other Exchanges
N/A
Address
G-557, Lodhika Industrial Estate, Metoda G.I.D.C. Gate No. 3, Metoda, Lodhika, Rajkot, GJ, IND, 360021
HI-Green Carbon Ltd is engaged in the business of waste tyres recycling. Its manufacturing plant operates on a continuous pyrolysis process. It is an uninterrupted working method with a continuous feeding and discharging system controlled by the program logic controller system. The company processes end-of-life tyres (ELTs) pieces to produce energy components and raw materials. Its major products are Recovered Carbon Black (rCB) and Steel Wires under the Raw Material Category and fuel Oil and Synthesis Gas under the Energy components category.

HI-Green Carbon (NSE:HIGREEN) Headlines

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