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Hoshino Resorts REIT (TSE:3287) Capex-to-Operating-Income : 1.59 (As of Apr. 2023)


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What is Hoshino Resorts REIT 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.

Hoshino Resorts REIT's Capital Expenditure for the six months ended in Apr. 2023 was 円-4,165.81 Mil. Its Operating Income for the six months ended in Apr. 2023 was 円2,627.75 Mil.

Hence, Hoshino Resorts REIT's Capex-to-Operating-Income for the six months ended in Apr. 2023 was 1.59.


Hoshino Resorts REIT Capex-to-Operating-Income Historical Data

The historical data trend for Hoshino Resorts REIT'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.

Hoshino Resorts REIT Capex-to-Operating-Income Chart

Hoshino Resorts REIT Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.72 1.77 1.23 3.62 5.40

Hoshino Resorts REIT Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 1.07 6.14 5.54 5.27 1.59

Competitive Comparison of Hoshino Resorts REIT's Capex-to-Operating-Income

For the REIT - Hotel & Motel subindustry, Hoshino Resorts REIT'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.


Hoshino Resorts REIT's Capex-to-Operating-Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hoshino Resorts REIT's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Hoshino Resorts REIT's Capex-to-Operating-Income falls into.



Hoshino Resorts REIT Capex-to-Operating-Income Calculation

Hoshino Resorts REIT's Capex-to-Operating-Income for the fiscal year that ended in Oct. 2022 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-25174.289) / 4663.772
=5.40

Hoshino Resorts REIT's Capex-to-Operating-Income for the quarter that ended in Apr. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-4165.807) / 2627.746
=1.59

* 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.


Hoshino Resorts REIT  (TSE:3287) 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.


Hoshino Resorts REIT Capex-to-Operating-Income Related Terms

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Hoshino Resorts REIT (TSE:3287) Business Description

Traded in Other Exchanges
N/A
Address
2-14-4 Hattsuchoubori, Chuo-Ku, Tokyo, JPN, 104-0032
Hoshino Resorts REIT Inc is a closed-end real estate investment trust company. It aims to achieve stable earnings and sustainable growth of its investment assets, by investing in hotels, Japanese-Style Inns, and related facilities.

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