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Lanka Ashok Leyland (COL:ASHO.N0000) Capex-to-Operating-Income : 0.38 (As of Mar. 2024)


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What is Lanka Ashok Leyland 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.

Lanka Ashok Leyland's Capital Expenditure for the three months ended in Mar. 2024 was රු-66.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was රු173.61 Mil.

Hence, Lanka Ashok Leyland's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.38.


Lanka Ashok Leyland Capex-to-Operating-Income Historical Data

The historical data trend for Lanka Ashok Leyland'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.

Lanka Ashok Leyland Capex-to-Operating-Income Chart

Lanka Ashok Leyland Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 - 0.78 - 0.08

Lanka Ashok Leyland 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 0.90 - 0.03 0.01 0.38

Competitive Comparison of Lanka Ashok Leyland's Capex-to-Operating-Income

For the Auto Manufacturers subindustry, Lanka Ashok Leyland'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.


Lanka Ashok Leyland's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Lanka Ashok Leyland's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Lanka Ashok Leyland's Capex-to-Operating-Income falls into.



Lanka Ashok Leyland Capex-to-Operating-Income Calculation

Lanka Ashok Leyland's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-80.395) / 971.63
=0.08

Lanka Ashok Leyland's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-65.995) / 173.614
=0.38

* 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.


Lanka Ashok Leyland  (COL:ASHO.N0000) 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.


Lanka Ashok Leyland Capex-to-Operating-Income Related Terms

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Lanka Ashok Leyland (COL:ASHO.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Panagoda, Homagama, Colombo, LKA
Lanka Ashok Leyland PLC is engaged in importing and marketing of Ashok Leyland buses, trucks, truck chassis, spare parts, power generators, and accessories. The company also carries out repairs and restoration of commercial vehicles including body fabrication on goods and passenger chassis. The firm builds the truck body for specific requirements and the building of driver's cabins. Besides, the firm assembles and manufactures Ashok Leyland vehicles with technical assistance from Ashok Leyland. The company solely operates in Sri Lanka.

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