GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Meikles Ltd (LSE:MIK) » Definitions » Capex-to-Operating-Income

Meikles (LSE:MIK) Capex-to-Operating-Income : 0.00 (As of Aug. 2023)


View and export this data going back to 1943. Start your Free Trial

What is Meikles 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.

Meikles's Capital Expenditure for the six months ended in Aug. 2023 was $-65.74 Mil. Its Operating Income for the six months ended in Aug. 2023 was $-53.48 Mil.

GuruFocus do not calculate Capex-to-Operating-Income if the Operating Income is negative.


Meikles Capex-to-Operating-Income Historical Data

The historical data trend for Meikles'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.

Meikles Capex-to-Operating-Income Chart

Meikles Annual Data
Trend Dec08 Dec09 Mar11 Mar12 Mar19 Mar20 Mar21
Capex-to-Operating-Income
Get a 7-Day Free Trial - - 0.18 1.56 0.71

Meikles Semi-Annual Data
Dec09 Mar11 Mar12 Sep12 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Aug23
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 0.41 0.53 2.49 - -

Competitive Comparison of Meikles's Capex-to-Operating-Income

For the Department Stores subindustry, Meikles'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.


Meikles's Capex-to-Operating-Income Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Meikles's Capex-to-Operating-Income distribution charts can be found below:

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



Meikles Capex-to-Operating-Income Calculation

Meikles's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2021 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-2.922) / 4.126
=0.71

Meikles's Capex-to-Operating-Income for the quarter that ended in Aug. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-65.739) / -53.482
=N/A

* 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.


Meikles  (LSE:MIK) 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.


Meikles Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Meikles's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Meikles (LSE:MIK) Business Description

Traded in Other Exchanges
Address
4 Steppes Road, Highlands, Harare, ZWE
Meikles Ltd is a Zimbabwe-based investment holding company. Its business segments include Supermarkets, Hotels, properties, and security guard operations. It is organized into two geographical segments, Zimbabwe, and non-Zimbabwe. The majority of its revenue is generated from the Supermarkets segment within Zimbabwe.