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Ashot- Ashkelon Industries (XTAE:ASHO) Capex-to-Operating-Income : 0.25 (As of Mar. 2024)


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What is Ashot- Ashkelon Industries 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.

Ashot- Ashkelon Industries's Capital Expenditure for the three months ended in Mar. 2024 was ₪-3.50 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₪13.77 Mil.

Hence, Ashot- Ashkelon Industries's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.25.


Ashot- Ashkelon Industries Capex-to-Operating-Income Historical Data

The historical data trend for Ashot- Ashkelon Industries'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.

Ashot- Ashkelon Industries Capex-to-Operating-Income Chart

Ashot- Ashkelon Industries 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 0.94 2.55 0.56 0.41 0.41

Ashot- Ashkelon Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.16 0.27 0.16 1.19 0.25

Competitive Comparison of Ashot- Ashkelon Industries's Capex-to-Operating-Income

For the Aerospace & Defense subindustry, Ashot- Ashkelon Industries'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.


Ashot- Ashkelon Industries's Capex-to-Operating-Income Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Ashot- Ashkelon Industries's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Ashot- Ashkelon Industries's Capex-to-Operating-Income falls into.



Ashot- Ashkelon Industries Capex-to-Operating-Income Calculation

Ashot- Ashkelon Industries'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
=- (-17.069) / 42.017
=0.41

Ashot- Ashkelon Industries's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-3.502) / 13.768
=0.25

* 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.


Ashot- Ashkelon Industries  (XTAE:ASHO) 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.


Ashot- Ashkelon Industries Capex-to-Operating-Income Related Terms

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Ashot- Ashkelon Industries (XTAE:ASHO) Business Description

Traded in Other Exchanges
N/A
Address
1 Ezra Yessodi Street, P.O.B. 21, Ashkelon, ISR, 7810001
Ashot- Ashkelon Industries Ltd produces metal products, aviation parts, armored combat vehicle systems, and heavy metal products. It supplies technologically advanced systems and components for the international aerospace, defense, automotive and other industries. The company's products include gears, transmissions, gearbox and long and short shafts for jet engines, landing gears components, tungsten-based products, among others.

Ashot- Ashkelon Industries (XTAE:ASHO) Headlines

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