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Parker Drilling Co (Parker Drilling Co) Capex-to-Operating-Income : 4.79 (As of Dec. 2019)


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What is Parker Drilling Co 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.

Parker Drilling Co's Capital Expenditure for the three months ended in Dec. 2019 was $-24.37 Mil. Its Operating Income for the three months ended in Dec. 2019 was $5.09 Mil.

Hence, Parker Drilling Co's Capex-to-Operating-Income for the three months ended in Dec. 2019 was 4.79.


Parker Drilling Co Capex-to-Operating-Income Historical Data

The historical data trend for Parker Drilling Co'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.

Parker Drilling Co Capex-to-Operating-Income Chart

Parker Drilling Co Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Capex-to-Operating-Income
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Parker Drilling Co Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19
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 2.25 2.82 1.44 1.33 4.79

Competitive Comparison of Parker Drilling Co's Capex-to-Operating-Income

For the Oil & Gas Equipment & Services subindustry, Parker Drilling Co'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.


Parker Drilling Co's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Parker Drilling Co's Capex-to-Operating-Income falls into.



Parker Drilling Co Capex-to-Operating-Income Calculation

Parker Drilling Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2019 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (0) / 42.031
=0.00

Parker Drilling Co's Capex-to-Operating-Income for the quarter that ended in Dec. 2019 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-24.369) / 5.088
=4.79

* 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.


Parker Drilling Co  (OTCPK:PKDC) 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.


Parker Drilling Co Capex-to-Operating-Income Related Terms

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Parker Drilling Co (Parker Drilling Co) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5 Greenway Plaza, Suite 100, Houston, TX, USA, 77046
Parker Drilling Co is a provider of contract drilling and drilling-related services as well as rental tools and services. It reports its Drilling Services business into two segments namely U.S. (Lower 48) Drilling and International & Alaska Drilling. For Rental Tools Services business reports two segments namely U.S. Rental Tools and International Rental Tools. In the Drilling Services business, the company drill oil, natural gas, and geothermal wells. In Rental business, it provides rental equipment and services to exploration & production companies, drilling contractors and service companies on land and offshore in the United States.