Cover (COVCF) Capex-to-Operating-Income : 0.00 (As of Dec. 2023)

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What is Cover 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.

Cover's Capital Expenditure for the three months ended in Dec. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was $8.24 Mil.

Hence, Cover's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.00.

Cover Capex-to-Operating-Income Historical Data

The historical data trend for Cover'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.

Cover Capex-to-Operating-Income Chart

Cover Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Capex-to-Operating-Income

0.13

0.26

0.69

0.67

Cover Quarterly Data
	Mar21	Mar22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Capex-to-Operating-Income	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Cover's Capex-to-Operating-Income

For the Software - Application subindustry, Cover'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.

Cover's Capex-to-Operating-Income Distribution in the Software Industry

For the Software industry and Technology sector, Cover's Capex-to-Operating-Income distribution charts can be found below:

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

Cover Capex-to-Operating-Income Calculation

Cover's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-24.67)	/	36.958
	=	0.67

Cover'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)	/	8.242
	=	0.00

Cover (OTCPK:COVCF) 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.

Cover Capex-to-Operating-Income Related Terms

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Cover (COVCF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cover Corp (OTCPK:COVCF) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

5253:Japan

Address

1-7-17 Shiba, Sumitomo Fudosan Shiba No.3 Building B1, Minato-ku, Tokyo, JPN, 105-0014

Website

https://www.cover-corp.com

Cover Corp operates as a platformer for two-dimensional entertainment. It is engaged in developing multifaceted businesses to accelerate 2D entertainment such as distribution system development, VTuber office management, and content development.

Cover (COVCF) Headlines

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