Novus Acquisition & Development (Novus Acquisition & Development) Capex-to-Operating-Income : 0.00 (As of Sep. 2023)

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

What is Novus Acquisition & Development 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.

Novus Acquisition & Development's Capital Expenditure for the three months ended in Sep. 2023 was $0.00 Mil. Its Operating Income for the three months ended in Sep. 2023 was $0.04 Mil.

Hence, Novus Acquisition & Development's Capex-to-Operating-Income for the three months ended in Sep. 2023 was 0.00.

Novus Acquisition & Development Capex-to-Operating-Income Historical Data

The historical data trend for Novus Acquisition & Development'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.

Novus Acquisition & Development Capex-to-Operating-Income Chart

Novus Acquisition & Development Annual Data

Trend

Capex-to-Operating-Income

Novus Acquisition & Development Quarterly Data
	Sep22	Sep23
Capex-to-Operating-Income	-	-

Competitive Comparison of Novus Acquisition & Development's Capex-to-Operating-Income

For the Insurance - Diversified subindustry, Novus Acquisition & Development'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.

Novus Acquisition & Development's Capex-to-Operating-Income Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Novus Acquisition & Development's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Novus Acquisition & Development's Capex-to-Operating-Income falls into.

Novus Acquisition & Development Capex-to-Operating-Income Calculation

Novus Acquisition & Development's Capex-to-Operating-Income for the fiscal year that ended in . 20 is calculated as

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

Novus Acquisition & Development's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (0)	/	0.039
	=	0.00

Novus Acquisition & Development (OTCPK:NDEV) 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.

Novus Acquisition & Development Capex-to-Operating-Income Related Terms

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

Novus Acquisition & Development (Novus Acquisition & Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Novus Acquisition & Development Corp (OTCPK:NDEV) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

2665 South Bayshore Drive, Suite 220, Miami, FL, USA, 33131

Website

https://www.getnovusnow.com

Novus Acquisition & Development Corp is a holding company operating through its subsidiaries. It offers health, life, and annuity insurance products and services. The company initiated its health insurance business model within the medical marijuana space, where it can render risk and non-risk insurance models. It operates throughout the United States.