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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Capex-to-Operating-Cash-Flow : 0.31 (As of Dec. 2023)


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What is Petroleo Brasileiro Petrobras 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.

Petroleo Brasileiro Petrobras's Capital Expenditure for the three months ended in Dec. 2023 was $-3,435.24 Mil. Its Cash Flow from Operations for the three months ended in Dec. 2023 was $11,105.41 Mil.

Hence, Petroleo Brasileiro Petrobras's Capex-to-Operating-Cash-Flow for the three months ended in Dec. 2023 was 0.31.


Petroleo Brasileiro Petrobras Capex-to-Operating-Cash-Flow Historical Data

The historical data trend for Petroleo Brasileiro Petrobras'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.

Petroleo Brasileiro Petrobras Capex-to-Operating-Cash-Flow Chart

Petroleo Brasileiro Petrobras 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 0.93 0.20 0.17 0.19 0.28

Petroleo Brasileiro Petrobras Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.28 0.23 0.31 0.28 0.31

Competitive Comparison of Petroleo Brasileiro Petrobras's Capex-to-Operating-Cash-Flow

For the Oil & Gas Integrated subindustry, Petroleo Brasileiro Petrobras'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.


Petroleo Brasileiro Petrobras's Capex-to-Operating-Cash-Flow Distribution in the Oil & Gas Industry

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

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



Petroleo Brasileiro Petrobras Capex-to-Operating-Cash-Flow Calculation

Petroleo Brasileiro Petrobras'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
=- (-11998.789) / 42801.028
=0.28

Petroleo Brasileiro Petrobras's Capex-to-Operating-Cash-Flow for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Cash-Flow=- Capital Expenditure / Cash Flow from Operations
=- (-3435.244) / 11105.41
=0.31

* 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.


Petroleo Brasileiro Petrobras  (NYSE:PBR) 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.


Petroleo Brasileiro Petrobras Capex-to-Operating-Cash-Flow Related Terms

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Petroleo Brasileiro Petrobras (Petroleo Brasileiro Petrobras) Business Description

Address
Avenida Republica do Chile, 65, Rio de Janeiro, RJ, BRA, 20031-912
Petrobras is a Brazil-based integrated energy company controlled by the Brazilian government. The company focuses on exploration and production for oil and gas in Brazilian offshore fields. Production in 2022 was 2.7 million barrels of oil equivalent a day (80% oil production), and reserves stood at 10.5 billion boe (85% oil). At year-end 2022, Petrobras operated 11 refineries in Brazil with capacity of 1.9 million barrels a day and distributes refined products and natural gas throughout Brazil.

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