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Argo Blockchain (LSE:ARB) Capex-to-Operating-Income : -0.35 (As of Dec. 2023)


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What is Argo Blockchain 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.

Argo Blockchain's Capital Expenditure for the three months ended in Dec. 2023 was £0.38 Mil. Its Operating Income for the three months ended in Dec. 2023 was £1.08 Mil.

Hence, Argo Blockchain's Capex-to-Operating-Income for the three months ended in Dec. 2023 was -0.35.


Argo Blockchain Capex-to-Operating-Income Historical Data

The historical data trend for Argo Blockchain'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.

Argo Blockchain Capex-to-Operating-Income Chart

Argo Blockchain Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial - 0.97 2.86 - -

Argo Blockchain Quarterly Data
Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - - -0.35

Competitive Comparison of Argo Blockchain's Capex-to-Operating-Income

For the Capital Markets subindustry, Argo Blockchain'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.


Argo Blockchain's Capex-to-Operating-Income Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Argo Blockchain's Capex-to-Operating-Income distribution charts can be found below:

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



Argo Blockchain Capex-to-Operating-Income Calculation

Argo Blockchain'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
=- (-0.878) / -12.389
=N/A

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (0.378) / 1.084
=-0.35

* 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.


Argo Blockchain  (LSE:ARB) 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.


Argo Blockchain Capex-to-Operating-Income Related Terms

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Argo Blockchain (LSE:ARB) Business Description

Traded in Other Exchanges
Address
27/28 Eastcastle Street, Eastcastle House, London, GBR, W1W 8DH
Argo Blockchain PLC is a global data center business that provides a powerful and efficient platform for cryptocurrency mining operations. The company has operations in strategic locations in North America.

Argo Blockchain (LSE:ARB) Headlines