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Tecnisco (TSE:2962) Capex-to-Operating-Income : 2.40 (As of Jun. 2023)


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What is Tecnisco 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.

Tecnisco's Capital Expenditure for the six months ended in Jun. 2023 was 円-654.67 Mil. Its Operating Income for the six months ended in Jun. 2023 was 円273.14 Mil.

Hence, Tecnisco's Capex-to-Operating-Income for the six months ended in Jun. 2023 was 2.40.


Tecnisco Capex-to-Operating-Income Historical Data

The historical data trend for Tecnisco'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.

Tecnisco Capex-to-Operating-Income Chart

Tecnisco Annual Data
Trend Jun21 Jun22 Jun23
Capex-to-Operating-Income
2.57 1.25 2.40

Tecnisco Semi-Annual Data
Jun21 Jun22 Jun23
Capex-to-Operating-Income 2.57 1.25 2.40

Competitive Comparison of Tecnisco's Capex-to-Operating-Income

For the Metal Fabrication subindustry, Tecnisco'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.


Tecnisco's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Tecnisco's Capex-to-Operating-Income distribution charts can be found below:

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



Tecnisco Capex-to-Operating-Income Calculation

Tecnisco'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
=- (-654.672) / 273.14
=2.40

Tecnisco's Capex-to-Operating-Income for the quarter that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-654.672) / 273.14
=2.40

* 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.


Tecnisco  (TSE:2962) 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.


Tecnisco Capex-to-Operating-Income Related Terms

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Tecnisco (TSE:2962) Business Description

Traded in Other Exchanges
N/A
Address
2-2-15, Minami-Shinagawa, Shinagawa-ku, Tokyo, JPN, 140-0004
Tecnisco Ltd is engaged in the Precision products business. It manufactures and sells Metal Products, Glass Products, and Drilling tool Products. Its products include Heatsinks, a Display device for projectors and mobile, Single core drills, Double core drills, and silicon products. The company uses Cross-edge technology for its operations.

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