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TOP Financial Group (TOP Financial Group) Capex-to-Operating-Cash-Flow : 0.00 (As of Sep. 2023)


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What is TOP Financial 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.

TOP Financial Group's Capital Expenditure for the six months ended in Sep. 2023 was $-0.00 Mil. Its Cash Flow from Operations for the six months ended in Sep. 2023 was $2.48 Mil.

Hence, TOP Financial Group's Capex-to-Operating-Cash-Flow for the six months ended in Sep. 2023 was 0.00.


TOP Financial Group Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for TOP Financial 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.

TOP Financial Group Capex-to-Operating-Cash-Flow Chart

TOP Financial Group Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Cash-Flow
- - 0.26 -

TOP Financial Group Semi-Annual Data
Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Capex-to-Operating-Cash-Flow Get a 7-Day Free Trial - - - - -

Competitive Comparison of TOP Financial Group's Capex-to-Operating-Cash-Flow

For the Capital Markets subindustry, TOP Financial 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.


TOP Financial Group's Capex-to-Operating-Cash-Flow Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TOP Financial Group's Capex-to-Operating-Cash-Flow distribution charts can be found below:

* The bar in red indicates where TOP Financial Group's Capex-to-Operating-Cash-Flow falls into.



TOP Financial Group Capex-to-Operating-Cash-Flow Calculation

TOP Financial Group'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
=- (-0.086) / -6.031
=N/A

TOP Financial Group's Capex-to-Operating-Cash-Flow for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-0.003) / 2.48
=0.00

* 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.


TOP Financial Group  (NAS:TOP) 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.


TOP Financial Group Capex-to-Operating-Cash-Flow Related Terms

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TOP Financial Group (TOP Financial Group) Business Description

Traded in Other Exchanges
N/A
Address
118 Connaught Road West, Room 1101, Hong Kong, HKG
TOP Financial Group Ltd is an online brokerage firm in Hong Kong specializing in the trading of local and overseas equities, futures, and options products. The company operates in only one segment which is the futures brokerage service.