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Nickel Industries (ASX:NIC) Capex-to-Operating-Income : -0.48 (As of Dec. 2023)


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What is Nickel Industries 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.

Nickel Industries's Capital Expenditure for the six months ended in Dec. 2023 was A$125.07 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$259.98 Mil.

Hence, Nickel Industries's Capex-to-Operating-Income for the six months ended in Dec. 2023 was -0.48.


Nickel Industries Capex-to-Operating-Income Historical Data

The historical data trend for Nickel Industries'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.

* Premium members only.

Nickel Industries Capex-to-Operating-Income Chart

Nickel Industries Annual Data
Trend Jun19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
1.77 0.05 0.03 0.04 0.21

Nickel Industries Semi-Annual Data
Dec17 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.02 0.71 -0.77 1.31 -0.48

Competitive Comparison of Nickel Industries's Capex-to-Operating-Income

For the Other Industrial Metals & Mining subindustry, Nickel Industries'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.


Nickel Industries's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nickel Industries's Capex-to-Operating-Income falls into.



Nickel Industries Capex-to-Operating-Income Calculation

Nickel Industries's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-88.139) / 423.144
=0.21

Nickel Industries's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (125.072) / 259.981
=-0.48

* 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.


Nickel Industries  (ASX:NIC) 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.


Nickel Industries Capex-to-Operating-Income Related Terms

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Nickel Industries (ASX:NIC) Business Description

Traded in Other Exchanges
Address
66 Hunter Street, Level 2, Sydney, NSW, AUS, 2000
Nickel Industries Ltd is engaged in acquiring, exploring, and developing nickel projects. It holds 80% interest in the Hengjaya Nickel and Ranger Nickel projects, both of which operate 2 line Rotary Kiln Electric Furnace (RKEF) plants producing NPI within the Indonesia Morowali Industrial Park (IMIP). Nickel Industries also holds an 80% economic interest in the Hengjaya Mineralindo Nickel Mine ('Hengjaya Mine'), a large tonnage, high-grade saprolite deposit located in the Morowali Regency of Central Sulawesi, Indonesia.