Air New Zealand (STU:BZU) Capex-to-Operating-Income : 7.90 (As of Dec. 2023)

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What is Air New Zealand 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.

Air New Zealand's Capital Expenditure for the six months ended in Dec. 2023 was €-261.35 Mil. Its Operating Income for the six months ended in Dec. 2023 was €33.10 Mil.

Hence, Air New Zealand's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 7.90.

Air New Zealand Capex-to-Operating-Income Historical Data

The historical data trend for Air New Zealand'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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Air New Zealand Capex-to-Operating-Income Chart

Air New Zealand Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Capex-to-Operating-Income

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2.61

1.03

Air New Zealand Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Capex-to-Operating-Income	Get a 7-Day Free Trial															-	-	1.47	0.80	7.90

Competitive Comparison of Air New Zealand's Capex-to-Operating-Income

For the Airlines subindustry, Air New Zealand'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.

Air New Zealand's Capex-to-Operating-Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air New Zealand's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Air New Zealand's Capex-to-Operating-Income falls into.

Air New Zealand Capex-to-Operating-Income Calculation

Air New Zealand's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-340.887)	/	332.393
	=	1.03

Air New Zealand's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-261.348)	/	33.096
	=	7.90

Air New Zealand (STU:BZU) 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.

Air New Zealand Capex-to-Operating-Income Related Terms

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Air New Zealand (STU:BZU) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

ANZLY:USA ANZFF:USA AIR:New Zealand BZU:Germany AIZ:Australia

Address

185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010

Website

https://www.airnewzealand.co.nz

Air New Zealand, majority owned by the New Zealand Government, provides air passenger and cargo transport services within New Zealand, as well as to and from Australia, the South-West Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market, with around 80% market share, although the majority of revenue is derived from international and trans-Tasman activity.