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Cofle SpA (MIL:CFL) Capex-to-Operating-Income : 1.04 (As of Dec. 2023)


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What is Cofle SpA 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.

Cofle SpA's Capital Expenditure for the six months ended in Dec. 2023 was €-4.13 Mil. Its Operating Income for the six months ended in Dec. 2023 was €3.97 Mil.

Hence, Cofle SpA's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 1.04.


Cofle SpA Capex-to-Operating-Income Historical Data

The historical data trend for Cofle SpA'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.

Cofle SpA Capex-to-Operating-Income Chart

Cofle SpA Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
- 0.20 0.47 0.39 1.33

Cofle SpA Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only 0.93 0.51 0.22 1.74 1.04

Competitive Comparison of Cofle SpA's Capex-to-Operating-Income

For the Auto Parts subindustry, Cofle SpA'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.


Cofle SpA's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cofle SpA's Capex-to-Operating-Income distribution charts can be found below:

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



Cofle SpA Capex-to-Operating-Income Calculation

Cofle SpA'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
=- (-8.898) / 6.705
=1.33

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-4.133) / 3.969
=1.04

* 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.


Cofle SpA  (MIL:CFL) 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.


Cofle SpA Capex-to-Operating-Income Related Terms

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Cofle SpA (MIL:CFL) Business Description

Traded in Other Exchanges
Address
Via del Ghezzo, 54, Trezzo sullAdda, ITA, 20056
Cofle SpA designs, produces and sells worldwide control cables and remote control systems for the off-road vehicle, automotive, and automotive after-market sectors. It has two divisions: the Original Equipment Manufacturer (OEM) division through which it manufactures a wide range of highly customized products for customers who install the components on the products sold: through its products, the group deals with customers operating in the agricultural sector, earth-moving and commercial vehicles, and the premium automotive sector; and the After Market (AM) division which manufactures Cofle-branded components such as control cables, brake hoses or EPBs with the same quality as the original for the automotive sector.

Cofle SpA (MIL:CFL) Headlines

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