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Etrend Hightech (ROCO:3567) Capex-to-Operating-Cash-Flow : 0.01 (As of Mar. 2024)


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What is Etrend Hightech 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.

Etrend Hightech's Capital Expenditure for the three months ended in Mar. 2024 was NT$-0.50 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was NT$47.96 Mil.

Hence, Etrend Hightech's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.01.


Etrend Hightech Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Etrend Hightech'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.

Etrend Hightech Capex-to-Operating-Cash-Flow Chart

Etrend Hightech 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 0.32 0.44 1.33 0.19 0.04

Etrend Hightech 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 - - - - 0.01

Competitive Comparison of Etrend Hightech's Capex-to-Operating-Cash-Flow

For the Semiconductors subindustry, Etrend Hightech'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.


Etrend Hightech's Capex-to-Operating-Cash-Flow Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Etrend Hightech's Capex-to-Operating-Cash-Flow distribution charts can be found below:

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



Etrend Hightech Capex-to-Operating-Cash-Flow Calculation

Etrend Hightech'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
=- (-5.594) / 151.344
=0.04

Etrend Hightech'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
=- (-0.5) / 47.958
=0.01

* 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.


Etrend Hightech  (ROCO:3567) 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.


Etrend Hightech Capex-to-Operating-Cash-Flow Related Terms

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Etrend Hightech (ROCO:3567) Business Description

Traded in Other Exchanges
N/A
Address
4 Floor,1 No.35 Hsin-Tai Road, Chu-pei, Hsin-chu, TWN, 302
Etrend Hightech Corp provides analog and mixed-signal integrated circuits testing services. Its services include test program development, probe card/load board/DUT board design, kit design, test process flow design and test production.

Etrend Hightech (ROCO:3567) Headlines

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