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Titan Machinery (FRA:3TY) Capex-to-Operating-Income : 0.61 (As of Apr. 2024)


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What is Titan Machinery 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.

Titan Machinery's Capital Expenditure for the three months ended in Apr. 2024 was €-12.79 Mil. Its Operating Income for the three months ended in Apr. 2024 was €21.06 Mil.

Hence, Titan Machinery's Capex-to-Operating-Income for the three months ended in Apr. 2024 was 0.61.


Titan Machinery Capex-to-Operating-Income Historical Data

The historical data trend for Titan Machinery'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.

Titan Machinery Capex-to-Operating-Income Chart

Titan Machinery Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.50 0.41 0.27 0.37

Titan Machinery Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 0.29 0.38 0.30 0.50 0.61

Competitive Comparison of Titan Machinery's Capex-to-Operating-Income

For the Industrial Distribution subindustry, Titan Machinery'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.


Titan Machinery's Capex-to-Operating-Income Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Titan Machinery's Capex-to-Operating-Income distribution charts can be found below:

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



Titan Machinery Capex-to-Operating-Income Calculation

Titan Machinery's Capex-to-Operating-Income for the fiscal year that ended in Jan. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-57.247) / 155
=0.37

Titan Machinery's Capex-to-Operating-Income for the quarter that ended in Apr. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-12.792) / 21.06
=0.61

* 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.


Titan Machinery  (FRA:3TY) 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.


Titan Machinery Capex-to-Operating-Income Related Terms

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Titan Machinery (FRA:3TY) Business Description

Traded in Other Exchanges
Address
644 East Beaton Drive, West Fargo, ND, USA, 58078-2648
Titan Machinery Inc owns and operates a network of full-service agricultural and construction equipment stores. The company sells and repairs agricultural equipment, including machinery and attachments for large-scale farming and home and gardening purposes, as well as construction equipment. It operates through the following segments: The Agriculture segment sells, services, and rents machinery and related parts and attachments, for uses ranging from large-scale farming to home and garden use, The construction segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from heavy construction to light industrial machinery use, and the International segment sells services, rents machinery, and related parts.

Titan Machinery (FRA:3TY) Headlines

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