Heavy Rare Earths (ASX:HRE) Capex-to-Operating-Income : 0.00 (As of Dec. 2023)

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What is Heavy Rare Earths Capex-to-Operating-Income?

Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.

Heavy Rare Earths's Capital Expenditure for the six months ended in Dec. 2023 was A$-0.41 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-0.49 Mil.

GuruFocus do not calculate Capex-to-Operating-Income if the Operating Income is negative.

Heavy Rare Earths Capex-to-Operating-Income Historical Data

The historical data trend for Heavy Rare Earths's Capex-to-Operating-Income 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.

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Heavy Rare Earths Capex-to-Operating-Income Chart

Heavy Rare Earths Annual Data

Trend

Jun23

Capex-to-Operating-Income

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
Capex-to-Operating-Income	-	-	-

Competitive Comparison of Heavy Rare Earths's Capex-to-Operating-Income

For the Other Industrial Metals & Mining subindustry, Heavy Rare Earths's Capex-to-Operating-Income, along with its competitors' market caps and Capex-to-Operating-Income 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.

Heavy Rare Earths's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Heavy Rare Earths's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Heavy Rare Earths's Capex-to-Operating-Income falls into.

Heavy Rare Earths Capex-to-Operating-Income Calculation

Heavy Rare Earths's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-2.431)	/	-1.823
	=	N/A

Heavy Rare Earths's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-0.409)	/	-0.491
	=	N/A

Heavy Rare Earths (ASX:HRE) Capex-to-Operating-Income Explanation

Capex-to-Operating-Income assesses how much emphasis a company is placing upon investing in capital-intensive projects. The ratio is generally a good gauge to quantify how much focus on growth a company has. Typically, smaller companies that are still growing and expanding will have a higher Capex to Operating Income Ratio, since such businesses are likely investing more in physical assets. Lower ratios could indicate that a company has reached maturity and it is no longer pursuing aggressive growth.

Heavy Rare Earths Capex-to-Operating-Income Related Terms

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Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

Heavy Rare Earths (ASX:HRE) Headlines

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