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Medi Assist Healthcare Services (NSE:MEDIASSIST) Capex-to-Operating-Income : 0.28 (As of Mar. 2024)


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What is Medi Assist Healthcare Services 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.

Medi Assist Healthcare Services's Capital Expenditure for the six months ended in Mar. 2024 was ₹-125.32 Mil. Its Operating Income for the six months ended in Mar. 2024 was ₹453.56 Mil.

Hence, Medi Assist Healthcare Services's Capex-to-Operating-Income for the six months ended in Mar. 2024 was 0.28.

Medi Assist Healthcare Services Capex-to-Operating-Income Historical Data

The historical data trend for Medi Assist Healthcare Services'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.

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Medi Assist Healthcare Services Capex-to-Operating-Income Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Capex-to-Operating-Income
0.27 0.18 0.30 0.20

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Capex-to-Operating-Income Get a 7-Day Free Trial - 0.29 0.31 0.13 0.28

Competitive Comparison of Medi Assist Healthcare Services's Capex-to-Operating-Income

For the Healthcare Plans subindustry, Medi Assist Healthcare Services'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.

Medi Assist Healthcare Services's Capex-to-Operating-Income Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Medi Assist Healthcare Services's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Medi Assist Healthcare Services's Capex-to-Operating-Income falls into.


Medi Assist Healthcare Services Capex-to-Operating-Income Calculation

Medi Assist Healthcare Services'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
=- (-184.24) / 902.28
=0.20

Medi Assist Healthcare Services's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-125.32) / 453.56
=0.28

* 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.

Medi Assist Healthcare Services  (NSE:MEDIASSIST) 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.

Medi Assist Healthcare Services Capex-to-Operating-Income Related Terms

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Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Medi Assist Healthcare Services Ltd (NSE:MEDIASSIST) » Definitions » Capex-to-Operating-Income
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Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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