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Amreli Steels (KAR:ASTL) Capex-to-Operating-Income : 0.47 (As of Mar. 2024)


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What is Amreli Steels 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.

Amreli Steels's Capital Expenditure for the three months ended in Mar. 2024 was ₨-150.19 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₨318.91 Mil.

Hence, Amreli Steels's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.47.


Amreli Steels Capex-to-Operating-Income Historical Data

The historical data trend for Amreli Steels'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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Amreli Steels Capex-to-Operating-Income Chart

Amreli Steels Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.77 0.07 0.42 0.49 0.39

Amreli Steels 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 0.35 0.36 0.20 0.23 0.47

Competitive Comparison of Amreli Steels's Capex-to-Operating-Income

For the Steel subindustry, Amreli Steels'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.


Amreli Steels's Capex-to-Operating-Income Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Amreli Steels's Capex-to-Operating-Income distribution charts can be found below:

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



Amreli Steels Capex-to-Operating-Income Calculation

Amreli Steels's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1600.007) / 4084.115
=0.39

Amreli Steels's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-150.191) / 318.908
=0.47

* 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.


Amreli Steels  (KAR:ASTL) 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.


Amreli Steels Capex-to-Operating-Income Related Terms

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Amreli Steels (KAR:ASTL) Business Description

Traded in Other Exchanges
N/A
Address
Sky Tower, West Wing, Tower–A, Plot No. HC-3, Block No. 4, 14th Floor, KDA Scheme 5, Clifton, Karachi, PAK, 75730
Amreli Steels Ltd is involved in the manufacturing of steel reinforcement bars in Pakistan. The company's product offerings include Amreli Steels Maxima, Amreli Steels Ultima, Amreli Steels Xtreme and amongst others. The majority of the firm's revenue is derived from Pakistan.