Astra FCF yield
What is the FCF yield of Astra?
The FCF yield of Astra Energy Inc. is N/A
What is the definition of 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
What does Astra do?
Astra Energy Inc. provides scallop farming and marine hatchery services. It involves in farming, processing, and marketing marine species, such as scallops and sablefish in the west coast of North America. The company's product includes ÂQualicum Beach Scallop', which is a hybrid of the imported Japanese scallop and the local weathervane scallop. It also produces various shellfish seed species, including the Pacific oyster, eastern blue mussel, Mediterranean mussel, and geoduck clam that are sold to third party shellfish farmers. In addition, the company provides consulting, research and development, and custom processing and marketing services, as well as offers aquaculture equipment. The company was founded in 1989 and is based in North Las Vegas, Nevada