GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barrick Mining Corp (NYSE:B) » Definitions » Capex-to-Operating-Income

B (Barrick Mining) Capex-to-Operating-Income : 0.67 (As of Dec. 2024)


View and export this data going back to 1987. Start your Free Trial

What is Barrick Mining 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.

Barrick Mining's Capital Expenditure for the three months ended in Dec. 2024 was $-891.00 Mil. Its Operating Income for the three months ended in Dec. 2024 was $1,323.00 Mil.

Hence, Barrick Mining's Capex-to-Operating-Income for the three months ended in Dec. 2024 was 0.67.


Barrick Mining Capex-to-Operating-Income Historical Data

The historical data trend for Barrick Mining'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.

Barrick Mining Capex-to-Operating-Income Chart

Barrick Mining Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.56 1.01 1.10 0.76

Barrick Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 1.36 1.06 0.77 0.66 0.67

Competitive Comparison of Barrick Mining's Capex-to-Operating-Income

For the Gold subindustry, Barrick Mining'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.


Barrick Mining's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Barrick Mining's Capex-to-Operating-Income distribution charts can be found below:

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


;
;

Barrick Mining Capex-to-Operating-Income Calculation

Barrick Mining's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-3174) / 4184
=0.76

Barrick Mining's Capex-to-Operating-Income for the quarter that ended in Dec. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-891) / 1323
=0.67

* 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.


Barrick Mining  (NYSE:B) 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.


Barrick Mining Capex-to-Operating-Income Related Terms

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


Barrick Mining Business Description

Address
161 Bay Street, Brookfield Place, TD Canada Trust Tower, Suite 3700, P.O. Box 212, Toronto, ON, CAN, M5J 2S1
Based in Toronto, Barrick Gold is one of the world's largest gold miners. In 2024, the firm produced nearly 3.9 million attributable ounces of gold and about 430 million pounds of copper. At year-end 2024, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in 19 countries in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure. Its potential Reko Diq project in Pakistan, if developed, could double copper production by the end of the decade.