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Hitachi Construction Machinery Co (FRA:HCM) Capex-to-Operating-Income : 0.29 (As of Sep. 2024)


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What is Hitachi Construction Machinery Co 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.

Hitachi Construction Machinery Co's Capital Expenditure for the three months ended in Sep. 2024 was €-68.17 Mil. Its Operating Income for the three months ended in Sep. 2024 was €239.34 Mil.

Hence, Hitachi Construction Machinery Co's Capex-to-Operating-Income for the three months ended in Sep. 2024 was 0.29.


Hitachi Construction Machinery Co Capex-to-Operating-Income Historical Data

The historical data trend for Hitachi Construction Machinery Co'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.

Hitachi Construction Machinery Co Capex-to-Operating-Income Chart

Hitachi Construction Machinery Co 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 0.54 1.18 0.32 0.44 0.34

Hitachi Construction Machinery Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.25 0.46 0.33 0.38 0.29

Competitive Comparison of Hitachi Construction Machinery Co's Capex-to-Operating-Income

For the Farm & Heavy Construction Machinery subindustry, Hitachi Construction Machinery Co'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.


Hitachi Construction Machinery Co's Capex-to-Operating-Income Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Hitachi Construction Machinery Co's Capex-to-Operating-Income distribution charts can be found below:

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



Hitachi Construction Machinery Co Capex-to-Operating-Income Calculation

Hitachi Construction Machinery Co'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
=- (-341.445) / 999.04
=0.34

Hitachi Construction Machinery Co's Capex-to-Operating-Income for the quarter that ended in Sep. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-68.17) / 239.34
=0.28

* 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.


Hitachi Construction Machinery Co  (FRA:HCM) 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.


Hitachi Construction Machinery Co Capex-to-Operating-Income Related Terms

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Hitachi Construction Machinery Co Business Description

Traded in Other Exchanges
Address
16-1, Higashiueno 2-chome, Taito-ku, Tokyo, JPN, 110-0015
Hitachi Construction Machinery, or HCM, manufactures and sells construction and mining machinery, and provides related services such as parts supply, rentals, and others. HCM was established in 1970 as a subsidiary of Hitachi, but its origins date back to 1949 when it introduced Japan's first mechanical excavator. The company's main products include hydraulic excavators for mining/construction, rigid dump trucks, and wheel loaders. As of August 2022, Hitachi is no longer the parent company of HCM, after selling 26% of its stake to HCJI Holdings, a joint venture between Itochu and Japan Industrial Partners. Currently, Hitachi has a 25.4% stake in Hitachi Construction Machinery as an equity-method affiliate. HCM is based in Tokyo, Japan.