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Reliance Worldwide (Reliance Worldwide) Capex-to-Operating-Income : 0.40 (As of Dec. 2023)


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What is Reliance Worldwide 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.

Reliance Worldwide's Capital Expenditure for the six months ended in Dec. 2023 was $-21.15 Mil. Its Operating Income for the six months ended in Dec. 2023 was $52.82 Mil.

Hence, Reliance Worldwide's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.40.


Reliance Worldwide Capex-to-Operating-Income Historical Data

The historical data trend for Reliance Worldwide'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.

Reliance Worldwide Capex-to-Operating-Income Chart

Reliance Worldwide Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Income
Get a 7-Day Free Trial 0.47 0.39 0.21 0.38 0.28

Reliance Worldwide Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.41 0.36 0.35 0.23 0.40

Competitive Comparison of Reliance Worldwide's Capex-to-Operating-Income

For the Building Products & Equipment subindustry, Reliance Worldwide'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.


Reliance Worldwide's Capex-to-Operating-Income Distribution in the Construction Industry

For the Construction industry and Industrials sector, Reliance Worldwide's Capex-to-Operating-Income distribution charts can be found below:

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



Reliance Worldwide Capex-to-Operating-Income Calculation

Reliance Worldwide's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-42.508) / 153.129
=0.28

Reliance Worldwide's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-21.15) / 52.822
=0.40

* 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.


Reliance Worldwide  (OTCPK:RLLWF) 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.


Reliance Worldwide Capex-to-Operating-Income Related Terms

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Reliance Worldwide (Reliance Worldwide) Business Description

Traded in Other Exchanges
Address
140 William Street, Level 26, Melbourne, VIC, AUS, 3000
Reliance Worldwide designs, manufactures, and supplies branded plumbing products which are sold across North America, Asia-Pacific, and Europe. The company focuses on push-to-connect plumbing products, including fitting, pipes and valves, under its brands SharkBite, JG Speedfit, and EvoPex. Reliance's products are used in residential and commercial applications for the residential renovation, maintenance, and home improvement end-markets. Reliance sells around 45% of its products to plumbing wholesalers and merchants, 35% to hardware and home improvement retailers (including Home Depot, Lowe's, and Reece) and 20% to original equipment manufacturers of hot water systems.