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Tethys Oil AB (OSTO:TETY) Capex-to-Operating-Income : 8.14 (As of Mar. 2024)


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What is Tethys Oil AB 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.

Tethys Oil AB's Capital Expenditure for the three months ended in Mar. 2024 was kr-178.03 Mil. Its Operating Income for the three months ended in Mar. 2024 was kr21.86 Mil.

Hence, Tethys Oil AB's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 8.14.


Tethys Oil AB Capex-to-Operating-Income Historical Data

The historical data trend for Tethys Oil AB'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.

Tethys Oil AB Capex-to-Operating-Income Chart

Tethys Oil AB Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.79 7.83 2.19 1.65 3.30

Tethys Oil AB Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.63 3.50 3.35 4.13 8.14

Competitive Comparison of Tethys Oil AB's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, Tethys Oil AB'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.


Tethys Oil AB's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tethys Oil AB's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Tethys Oil AB's Capex-to-Operating-Income falls into.



Tethys Oil AB Capex-to-Operating-Income Calculation

Tethys Oil AB'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
=- (-843.175) / 255.414
=3.30

Tethys Oil AB's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-178.033) / 21.864
=8.14

* 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.


Tethys Oil AB  (OSTO:TETY) 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.


Tethys Oil AB Capex-to-Operating-Income Related Terms

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Tethys Oil AB (OSTO:TETY) Business Description

Industry
Traded in Other Exchanges
Address
Hovslagargatan 5B, 1 tr, Stockholm, SWE, SE-111 48
Tethys Oil AB is a Sweden-based energy company. The company is focused on oil and gas exploration and production onshore areas with known discoveries. Its core area of focus is the Sultanate of Oman, where the company holds license interests in three onshore blocks Blocks 3 and 4, Block 49, Block 56, and Block 58. . Tethys Oil has licenses in three countries namely Oman, Lithuania, and France. The majority of its revenue is generated through its operations in Oman.

Tethys Oil AB (OSTO:TETY) Headlines

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