GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Unit Corp (OTCPK:UNTCW) » Definitions » Capex-to-Operating-Cash-Flow

Unit (UNTCW) Capex-to-Operating-Cash-Flow : 0.18 (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Unit 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.

Unit's Capital Expenditure for the three months ended in Mar. 2024 was $-3.44 Mil. Its Cash Flow from Operations for the three months ended in Mar. 2024 was $19.19 Mil.

Hence, Unit's Capex-to-Operating-Cash-Flow for the three months ended in Mar. 2024 was 0.18.


Unit Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Unit'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.

Unit Capex-to-Operating-Cash-Flow Chart

Unit 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 1.52 - 0.17 0.19 0.16

Unit 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 0.16 0.08 0.16 0.28 0.18

Competitive Comparison of Unit's Capex-to-Operating-Cash-Flow

For the Oil & Gas Integrated subindustry, Unit'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.


Unit's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

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

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



Unit Capex-to-Operating-Cash-Flow Calculation

Unit'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
=- (-24.012) / 150.162
=0.16

Unit'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
=- (-3.442) / 19.189
=0.18

* 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.


Unit  (OTCPK:UNTCW) 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.


Unit Capex-to-Operating-Cash-Flow Related Terms

Thank you for viewing the detailed overview of Unit's Capex-to-Operating-Cash-Flow provided by GuruFocus.com. Please click on the following links to see related term pages.


Unit (UNTCW) Business Description

Industry
Traded in Other Exchanges
Address
8200 South Unit Drive, Tulsa, OK, USA, 74132
Unit Corp is an oil and natural gas contract drilling company. The company is also in exploration and production and mid-stream areas. There are three segments which include Oil and Natural gas, Contract Drilling and Mid-stream. The oil and natural gas segment is engaged in the development, acquisition, and production of oil, NGLs, and natural gas properties. The contract drilling segment is engaged in the land contract drilling of oil and natural gas wells and the mid-stream segment is engaged in the buying, selling, gathering, processing, and treating of natural gas. Majority of revenue is generated from Oil and Natural Gas.

Unit (UNTCW) Headlines

From GuruFocus

Unit Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 05-04-2010

Royce Funds Comments on Unit Corp

By Holly LaFon Holly LaFon 03-15-2016

Unit Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-03-2009

Arnold Van Den Berg Reduces, Exits Multiple Holdings

By Tiziano Frateschi Tiziano Frateschi 08-02-2017

Unit Corp. (UNT) President and CEO Larry D Pinkston sells 20,000 Shares

By GuruFocus Research GuruFocus Editor 09-18-2009

Royce Funds Comments on Unit Corp

By Holly LaFon Holly LaFon 03-16-2016

Unit Corporation Elects to Terminate Exchange Offer

By Business Wire Business Wire 03-27-2020

Top 5 2nd Quarter Trades of VALUEWORKS LLC

By GuruFocus Research GuruFocus Editor 08-14-2022

Royce Premier Fund Annual Letter to Shareholders

By Cody Eustice Cody Eustice 03-15-2016