GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Miramar Hotel & Investment Co Ltd (HKSE:00071) » Definitions » Capex-to-Operating-Income

Miramar Hotel & Investment Co (HKSE:00071) Capex-to-Operating-Income : 0.04 (As of Dec. 2023)


View and export this data going back to 1970. Start your Free Trial

What is Miramar Hotel & Investment Co 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.

Miramar Hotel & Investment Co's Capital Expenditure for the six months ended in Dec. 2023 was HK$-24.83 Mil. Its Operating Income for the six months ended in Dec. 2023 was HK$637.23 Mil.

Hence, Miramar Hotel & Investment Co's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.04.


Miramar Hotel & Investment Co Capex-to-Operating-Income Historical Data

The historical data trend for Miramar Hotel & Investment Co'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.

Miramar Hotel & Investment Co Capex-to-Operating-Income Chart

Miramar Hotel & Investment Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.07 0.02 0.10 0.04

Miramar Hotel & Investment Co Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.01 0.23 0.03 0.03 0.04

Competitive Comparison of Miramar Hotel & Investment Co's Capex-to-Operating-Income

For the Real Estate Services subindustry, Miramar Hotel & Investment Co'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.


Miramar Hotel & Investment Co's Capex-to-Operating-Income Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Miramar Hotel & Investment Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Miramar Hotel & Investment Co's Capex-to-Operating-Income falls into.



Miramar Hotel & Investment Co Capex-to-Operating-Income Calculation

Miramar Hotel & Investment Co'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
=- (-34.793) / 970.933
=0.04

Miramar Hotel & Investment Co's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-24.834) / 637.233
=0.04

* 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.


Miramar Hotel & Investment Co  (HKSE:00071) 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.


Miramar Hotel & Investment Co Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Miramar Hotel & Investment Co's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Miramar Hotel & Investment Co (HKSE:00071) Business Description

Traded in Other Exchanges
N/A
Address
132 Nathan Road, 15th Floor, Mira Place Tower A, Tsim Sha Tsui, Kowloon, Hong Kong, HKG
Miramar Hotel & Investment Co Ltd is an investment holding company. It operates in five segments: Property rental, which includes leasing of office and retail premises to generate rental income and to gain from the appreciation in properties values in the long term; Hotels & serviced apartments segment operates hotels and serviced apartments and provision of hotel management services; Food & beverage operation segment operates restaurants; Travel operation segment is engaged in the operation of travel agency services; and Others. Its geographical segments are Hong Kong and China, of which Hong Kong accounts for the majority of its revenue.
Executives
Lee Ka Shing 2501 Other
Multiglade Holdings Limited
Aynbury Investments Limited 2201 Interest of corporation controlled by you
Henderson Development Limited 2201 Interest of corporation controlled by you
Henderson Land Development Company Limited 2201 Interest of corporation controlled by you
Hopkins (cayman) Limited 2201 Interest of corporation controlled by you
Riddick (cayman) Limited 2301 Trustee
Rimmer (cayman) Limited 2301 Trustee
Lee Shau Kee 2501 Other

Miramar Hotel & Investment Co (HKSE:00071) Headlines

No Headlines