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Tootsie Roll Industries (Tootsie Roll Industries) Capex-to-Operating-Income : 0.26 (As of Dec. 2023)


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What is Tootsie Roll 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.

Tootsie Roll Industries's Capital Expenditure for the three months ended in Dec. 2023 was $-7.34 Mil. Its Operating Income for the three months ended in Dec. 2023 was $28.38 Mil.

Hence, Tootsie Roll Industries's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.26.


Tootsie Roll Industries Capex-to-Operating-Income Historical Data

The historical data trend for Tootsie Roll 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.

Tootsie Roll Industries Capex-to-Operating-Income Chart

Tootsie Roll 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 0.29 0.31 0.47 0.21 0.26

Tootsie Roll Industries Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.21 0.40 0.39 0.19 0.26

Competitive Comparison of Tootsie Roll Industries's Capex-to-Operating-Income

For the Confectioners subindustry, Tootsie Roll 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.


Tootsie Roll Industries's Capex-to-Operating-Income Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Tootsie Roll Industries's Capex-to-Operating-Income distribution charts can be found below:

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



Tootsie Roll Industries Capex-to-Operating-Income Calculation

Tootsie Roll 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
=- (-26.796) / 101.828
=0.26

Tootsie Roll Industries's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-7.338) / 28.379
=0.26

* 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.


Tootsie Roll Industries  (OTCPK:TROLB) 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.


Tootsie Roll Industries Capex-to-Operating-Income Related Terms

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Tootsie Roll Industries (Tootsie Roll Industries) Business Description

Traded in Other Exchanges
Address
7401 South Cicero Avenue, Chicago, IL, USA, 60629
Tootsie Roll Industries Inc manufactures and sells candy products. Notable varieties include Tootsie Roll and Tootsie Pops, Charms, Blow-Pops, Dots, Junior Mints, Sugar Daddy and Sugar Babies, Andes, Dubble Bubble, and Razzles. The company sells its products to wholesale distributors and directly to retail stores. Geographically, it generates a majority of its revenue from the United States.