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Inmet Mining (FRA:MMC) Capex-to-Operating-Income : 9.32 (As of Dec. 2012)


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What is Inmet 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.

Inmet Mining's Capital Expenditure for the three months ended in Dec. 2012 was €-260.96 Mil. Its Operating Income for the three months ended in Dec. 2012 was €27.99 Mil.

Hence, Inmet Mining's Capex-to-Operating-Income for the three months ended in Dec. 2012 was 9.32.


Inmet Mining Capex-to-Operating-Income Historical Data

The historical data trend for Inmet 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.

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Inmet Mining Capex-to-Operating-Income Chart

Inmet Mining Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.32 0.68 0.31 0.60 1.76

Inmet Mining Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 0.10 0.65 2.35 1.05 9.32

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

For the Other Industrial Metals & Mining subindustry, Inmet 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.


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

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

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



Inmet Mining Capex-to-Operating-Income Calculation

Inmet Mining's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2012 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-598.75) / 340.8
=1.76

Inmet Mining's Capex-to-Operating-Income for the quarter that ended in Dec. 2012 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-260.96) / 27.987
=9.32

* 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.


Inmet Mining  (FRA:MMC) 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.


Inmet Mining Capex-to-Operating-Income Related Terms

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Inmet Mining (FRA:MMC) Business Description

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Inmet Mining Corporation is a Canadian-based global mining company that produces base metals with a focus on copper. It operates and develops underground and open pit mines safely, responsibly and cost effectively. The Company has three operating properties and one development property around the world. Çayeli is an underground mine on the Black Sea coast of northeastern Turkey. It produces copper and zinc concentrates, which are sold to international and domestic smelters and traders. Las Cruces is an open pit mine in southern Spain. Las Cruces uses leaching and electrowinning technology to produce copper cathode which are sold to buyers in the Spanish and Mediterranean markets. Pyhäsalmi is an underground copper and zinc mine in central Finland. It produces copper, zinc and pyrite concentrates. Copper and zinc concentrates are sold under long-term contracts to smelters in Finland. Pyrite is sold under contract to customers in Europe and Asia as well as in the spot market. Cobre Panama is an open pit copper development project in Panama.