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Canarys Automations (NSE:CANARYS) Capex-to-Operating-Income : 0.02 (As of Mar. 2023)


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What is Canarys Automations 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.

Canarys Automations's Capital Expenditure for the six months ended in Mar. 2023 was ₹-2.99 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹124.83 Mil.

Hence, Canarys Automations's Capex-to-Operating-Income for the six months ended in Mar. 2023 was 0.02.


Canarys Automations Capex-to-Operating-Income Historical Data

The historical data trend for Canarys Automations'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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Canarys Automations Capex-to-Operating-Income Chart

Canarys Automations Annual Data
Trend Mar21 Mar22 Mar23
Capex-to-Operating-Income
0.05 0.08 0.02

Canarys Automations Semi-Annual Data
Mar21 Mar22 Mar23
Capex-to-Operating-Income 0.05 0.08 0.02

Competitive Comparison of Canarys Automations's Capex-to-Operating-Income

For the Information Technology Services subindustry, Canarys Automations'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.


Canarys Automations's Capex-to-Operating-Income Distribution in the Software Industry

For the Software industry and Technology sector, Canarys Automations's Capex-to-Operating-Income distribution charts can be found below:

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


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Canarys Automations Capex-to-Operating-Income Calculation

Canarys Automations's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-2.992) / 124.829
=0.02

Canarys Automations's Capex-to-Operating-Income for the quarter that ended in Mar. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-2.992) / 124.829
=0.02

* 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.


Canarys Automations  (NSE:CANARYS) 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.


Canarys Automations Capex-to-Operating-Income Related Terms

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Canarys Automations Business Description

Traded in Other Exchanges
N/A
Address
30th Main, Attimabbe Road, No. 566 & 567, 2nd Floor, Banagirinagara, Banashankari 3rd Stage, Bengaluru, KA, IND, 560085
Canarys Automations Ltd is a leading IT solutions provider. Its expertise lies in enabling digital transformation for businesses through its comprehensive range of software solutions in the space of Digitalization, Modernization, Automation and Intelligence.

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