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Pritika Engineering Components (NSE:PRITIKA) Capex-to-Operating-Income : -11.87 (As of Mar. 2023)


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What is Pritika Engineering Components 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.

Pritika Engineering Components's Capital Expenditure for the six months ended in Mar. 2023 was ₹391.13 Mil. Its Operating Income for the six months ended in Mar. 2023 was ₹32.96 Mil.

Hence, Pritika Engineering Components's Capex-to-Operating-Income for the six months ended in Mar. 2023 was -11.87.


Pritika Engineering Components Capex-to-Operating-Income Historical Data

The historical data trend for Pritika Engineering Components'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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Pritika Engineering Components Capex-to-Operating-Income Chart

Pritika Engineering Components Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Income
2.21 5.16 4.48 0.84

Pritika Engineering Components Semi-Annual Data
Mar20 Mar21 Mar22 Sep22 Mar23
Capex-to-Operating-Income - - - 10.78 -11.87

Competitive Comparison of Pritika Engineering Components's Capex-to-Operating-Income

For the Auto Parts subindustry, Pritika Engineering Components'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.


Pritika Engineering Components's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Pritika Engineering Components's Capex-to-Operating-Income distribution charts can be found below:

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



Pritika Engineering Components Capex-to-Operating-Income Calculation

Pritika Engineering Components'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
=- (-62.69) / 75.057
=0.84

Pritika Engineering Components's Capex-to-Operating-Income for the quarter that ended in Mar. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (391.129) / 32.958
=-11.87

* 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.


Pritika Engineering Components  (NSE:PRITIKA) 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.


Pritika Engineering Components Capex-to-Operating-Income Related Terms

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Pritika Engineering Components (NSE:PRITIKA) Business Description

Traded in Other Exchanges
N/A
Address
Industrial Area, S.A.S Nagar, Plot No.C-94, Phase-VII, Mohali, PB, IND, 160055
Pritika Engineering Components Ltd is engaged in the business of manufacturing precision-machined components for the automotive industry, especially for tractors, trucks, and other commercial vehicles. The company manufactures various Tractors and Automobile components like End Covers, Cover Sealed Brakes, Differential Cases, Cover Hydraulic Lift, Cover Transcase, Front Wheel hubs, Fly Wheel Housing, Rear Axle Casings, Hydraulic Lift Covers, Brake Housing, and Front Engine Supports. It manufactures customized products for tractors, commercial vehicles, and other construction equipment.

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