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High Liner Foods (High Liner Foods) Capex-to-Operating-Income : 0.45 (As of Dec. 2023)


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What is High Liner Foods 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.

High Liner Foods's Capital Expenditure for the three months ended in Dec. 2023 was $-5.94 Mil. Its Operating Income for the three months ended in Dec. 2023 was $13.31 Mil.

Hence, High Liner Foods's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.45.


High Liner Foods Capex-to-Operating-Income Historical Data

The historical data trend for High Liner Foods'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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High Liner Foods Capex-to-Operating-Income Chart

High Liner Foods 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 0.13 0.15 0.34 0.27 0.28

High Liner Foods 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 0.48 0.13 0.39 0.27 0.45

Competitive Comparison of High Liner Foods's Capex-to-Operating-Income

For the Packaged Foods subindustry, High Liner Foods'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.


High Liner Foods's Capex-to-Operating-Income Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where High Liner Foods's Capex-to-Operating-Income falls into.



High Liner Foods Capex-to-Operating-Income Calculation

High Liner Foods'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
=- (-19.049) / 67.359
=0.28

High Liner Foods's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-5.939) / 13.309
=0.45

* 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.


High Liner Foods  (OTCPK:HLNFF) 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.


High Liner Foods Capex-to-Operating-Income Related Terms

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High Liner Foods (High Liner Foods) Business Description

Traded in Other Exchanges
Address
100 Battery Point, P.O. Box 910, Lunenburg, NS, CAN, B0J 2C0
High Liner Foods Inc is a Canadian company which is mainly engaged in the processing and marketing of prepared and packaged frozen seafood products. The company sells its products to institutions, health care facilities, and quick-service family and casual dining establishments. Its foodservice brands include High Liner Culinary, Mirabel, FPI, Viking, American Pride, High Liner, Fisher Boy, Sea Cuisine and others.

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