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Greenfire Resources (Greenfire Resources) Capex-to-Operating-Income : 1.20 (As of Mar. 2024)


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What is Greenfire Resources 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.

Greenfire Resources's Capital Expenditure for the three months ended in Mar. 2024 was $-25.97 Mil. Its Operating Income for the three months ended in Mar. 2024 was $21.64 Mil.

Hence, Greenfire Resources's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.20.


Greenfire Resources Capex-to-Operating-Income Historical Data

The historical data trend for Greenfire Resources'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.

Greenfire Resources Capex-to-Operating-Income Chart

Greenfire Resources Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
- 0.09 0.15 -

Greenfire Resources Quarterly Data
Dec21 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Capex-to-Operating-Income Get a 7-Day Free Trial 1.86 - - 1.42 1.20

Competitive Comparison of Greenfire Resources's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, Greenfire Resources'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.


Greenfire Resources's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Greenfire Resources's Capex-to-Operating-Income distribution charts can be found below:

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



Greenfire Resources Capex-to-Operating-Income Calculation

Greenfire Resources'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
=- (-24.917) / -43.092
=N/A

Greenfire Resources's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-25.969) / 21.637
=1.20

* 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.


Greenfire Resources  (NYSE:GFR) 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.


Greenfire Resources Capex-to-Operating-Income Related Terms

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Greenfire Resources (Greenfire Resources) Business Description

Traded in Other Exchanges
Address
1900 – 205 5th Avenue SW, Calgary, AB, CAN, T2P 2V7
Greenfire Resources Ltd explores, acquires, develops and produces oil and gas in the Canadian energy sector and internationally. Greenfire currently has two producing oil sand assets, Hangingstone Expansion and Hangingstone Demo.

Greenfire Resources (Greenfire Resources) Headlines

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