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Convergenze SpA (MIL:CVG) Capex-to-Operating-Income : 0.78 (As of Dec. 2023)


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What is Convergenze SpA 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.

Convergenze SpA's Capital Expenditure for the six months ended in Dec. 2023 was €-0.83 Mil. Its Operating Income for the six months ended in Dec. 2023 was €1.06 Mil.

Hence, Convergenze SpA's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.78.


Convergenze SpA Capex-to-Operating-Income Historical Data

The historical data trend for Convergenze SpA'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.

Convergenze SpA Capex-to-Operating-Income Chart

Convergenze SpA Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial 1.16 2.24 17.77 - 1.90

Convergenze SpA Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 3.54 4.89 0.78

Competitive Comparison of Convergenze SpA's Capex-to-Operating-Income

For the Telecom Services subindustry, Convergenze SpA'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.


Convergenze SpA's Capex-to-Operating-Income Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Convergenze SpA's Capex-to-Operating-Income distribution charts can be found below:

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



Convergenze SpA Capex-to-Operating-Income Calculation

Convergenze SpA'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
=- (-2.782) / 1.463
=1.90

Convergenze SpA's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.826) / 1.063
=0.78

* 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.


Convergenze SpA  (MIL:CVG) 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.


Convergenze SpA Capex-to-Operating-Income Related Terms

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Convergenze SpA (MIL:CVG) Business Description

Traded in Other Exchanges
N/A
Address
Via Magna Graecia 136, Capaccio Paestum, Salerno, ITA, 84047
Convergenze SpA is engaged in providing telecommunication services. The company wireless internet services, mobile calling and data services, television subscription services, voice call services, and other related services.