GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » ASE Technology Holding Co Ltd (NYSE:ASX) » Definitions » Capex-to-Operating-Income

ASE Technology Holding Co (ASE Technology Holding Co) Capex-to-Operating-Income : 1.66 (As of Mar. 2024)


View and export this data going back to 2000. Start your Free Trial

What is ASE Technology Holding Co 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.

ASE Technology Holding Co's Capital Expenditure for the three months ended in Mar. 2024 was $-394.83 Mil. Its Operating Income for the three months ended in Mar. 2024 was $237.44 Mil.

Hence, ASE Technology Holding Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.66.


ASE Technology Holding Co Capex-to-Operating-Income Historical Data

The historical data trend for ASE Technology Holding Co'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.

ASE Technology Holding Co Capex-to-Operating-Income Chart

ASE Technology Holding Co 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 2.43 1.73 1.14 0.90 1.30

ASE Technology Holding Co 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 1.98 1.29 1.27 0.96 1.66

Competitive Comparison of ASE Technology Holding Co's Capex-to-Operating-Income

For the Semiconductors subindustry, ASE Technology Holding Co'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.


ASE Technology Holding Co's Capex-to-Operating-Income Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, ASE Technology Holding Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where ASE Technology Holding Co's Capex-to-Operating-Income falls into.



ASE Technology Holding Co Capex-to-Operating-Income Calculation

ASE Technology Holding Co'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
=- (-1746.788) / 1340.173
=1.30

ASE Technology Holding Co's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-394.827) / 237.439
=1.66

* 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.


ASE Technology Holding Co  (NYSE:ASX) 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.


ASE Technology Holding Co Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of ASE Technology Holding Co's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


ASE Technology Holding Co (ASE Technology Holding Co) Business Description

Traded in Other Exchanges
Address
No. 26, Chin Third Road, Nanzih District, Kaohsiung, TWN, 811
ASE Technology Holding Co Ltd is a semiconductor assembly and testing firm. The company operates in segments: Packaging, Testing, and Electronic Manufacturing Services. Of these, packaging services contribute the most revenue. It involves packaging bare semiconductors into completed semiconductors with improved electrical and thermal characteristics. The Testing Segment includes front-end engineering testing, wafer probing, and final testing services. In the EMS segment, the company designs manufacture, and sells electronic components and telecommunication equipment motherboards. The company is based in Taiwan but garners over half its sales from firms in the United States.