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Air New Zealand (NZSE:AIR) Capex-to-Operating-Income : 1.96 (As of Jun. 2024)


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What is Air New Zealand 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.

Air New Zealand's Capital Expenditure for the six months ended in Jun. 2024 was NZ$-333.00 Mil. Its Operating Income for the six months ended in Jun. 2024 was NZ$170.00 Mil.

Hence, Air New Zealand's Capex-to-Operating-Income for the six months ended in Jun. 2024 was 1.96.


Air New Zealand Capex-to-Operating-Income Historical Data

The historical data trend for Air New Zealand'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.

Air New Zealand Capex-to-Operating-Income Chart

Air New Zealand Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.03 3.47

Air New Zealand Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.47 0.80 7.90 1.96

Competitive Comparison of Air New Zealand's Capex-to-Operating-Income

For the Airlines subindustry, Air New Zealand'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.


Air New Zealand's Capex-to-Operating-Income Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Air New Zealand's Capex-to-Operating-Income distribution charts can be found below:

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



Air New Zealand Capex-to-Operating-Income Calculation

Air New Zealand's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-791) / 228
=3.47

Air New Zealand's Capex-to-Operating-Income for the quarter that ended in Jun. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-333) / 170
=1.96

* 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.


Air New Zealand  (NZSE:AIR) 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.


Air New Zealand Capex-to-Operating-Income Related Terms

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Air New Zealand Business Description

Address
185 Fanshawe Street, Air New Zealand House, Auckland, NTL, NZL, 1010
Air New Zealand, majority owned by the New Zealand government, provides air passenger and cargo transport services within New Zealand as well as to and from Australia, the Southwest Pacific, Asia, North America, the United Kingdom, and South America. Air New Zealand also encompasses business units providing engineering and ground handling services. Air New Zealand dominates the local market with around 80% share, although the majority of revenue is derived from international and trans-Tasman activity.