New West Services FCF yield

Что обозначает FCF yield в New West Services?

FCF yield New West Energy Services Inc. является N/A

Какое определение для FCF yield?



Free cash flow yield (FCF yield) is a financial ratio that compares the free cash flow per share to the market value per share. The ratio is calculated by dividing free cash flow per share by the current share price.

ttm (trailing twelve months)

Free cash flow yield is a good measure of the company’s cash flow in respect to the company’s size. Larger companies tend to have a higher cash flow yield, but it’s not always the case. The higher the free cash flow yield, the more cash the company is generating that can be quickly accessed to satisfy its obligations. The lower the free cash flow yield, the more money investors are putting into the company with little result. The higher the ratio, the more attractive the investment is as it suggests that investors are paying less for each unit of free cash flow.

Free cash flow acts as an indicator of how capable a company is of repaying all of its obligations. It is a solid indicator of how financially stable a company is. It is calculated as:

Free cash flow yield = Free cash flow per share / market price per share

Что делает New West Services?

New West Energy Services Inc. provides waste management and environmental services to the drilling, completions, and production sectors of the oil and gas industry in Canada. The company operates through two business segments: Vacuum and Water Truck Services, and Environmental Services. Its environmental services cover drilling waste testing, disposal, and treatment; mud system management; disposal management and coordination; pipeline crossings project management; sump suitability assessments; spill response and management; pre-disturbance environmental assessments and approvals; and drilling and completions water management, including TDL application, sourcing, monitoring, and usage tracking. The company was formerly known as Lexacal Investment Corp. and changed its name to New West Energy Services Inc. in October 2007. New West Energy Services Inc. was incorporated in 1986 and is headquartered in Calgary, Canada.