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Heiwa Real Estate REIT (TSE:8966) Capex-to-Operating-Income : 1.85 (As of Nov. 2024)


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What is Heiwa Real Estate REIT 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.

Heiwa Real Estate REIT's Capital Expenditure for the six months ended in Nov. 2024 was 円-8,676.33 Mil. Its Operating Income for the six months ended in Nov. 2024 was 円4,694.64 Mil.

Hence, Heiwa Real Estate REIT's Capex-to-Operating-Income for the six months ended in Nov. 2024 was 1.85.


Heiwa Real Estate REIT Capex-to-Operating-Income Historical Data

The historical data trend for Heiwa Real Estate REIT'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.

Heiwa Real Estate REIT Capex-to-Operating-Income Chart

Heiwa Real Estate REIT Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.66 1.19 2.88 3.33 2.27

Heiwa Real Estate REIT Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 4.64 2.34 2.20 1.23 1.85

Competitive Comparison of Heiwa Real Estate REIT's Capex-to-Operating-Income

For the REIT - Diversified subindustry, Heiwa Real Estate REIT'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.


Heiwa Real Estate REIT's Capex-to-Operating-Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Heiwa Real Estate REIT's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Heiwa Real Estate REIT's Capex-to-Operating-Income falls into.


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Heiwa Real Estate REIT Capex-to-Operating-Income Calculation

Heiwa Real Estate REIT's Capex-to-Operating-Income for the fiscal year that ended in Nov. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-19284.698) / 8510.775
=2.27

Heiwa Real Estate REIT's Capex-to-Operating-Income for the quarter that ended in Nov. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-8676.329) / 4694.643
=1.85

* 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.


Heiwa Real Estate REIT  (TSE:8966) 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.


Heiwa Real Estate REIT Capex-to-Operating-Income Related Terms

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Heiwa Real Estate REIT Business Description

Traded in Other Exchanges
N/A
Address
2-5-1, Atago, Minato-ku, Tokyo, JPN, 105-6237
Heiwa Real Estate REIT Inc is a real estate company that invests in office buildings and residential buildings located in the Tokyo Metropolitan Area and other cities across Japan. The company leases its buildings for rental revenue and renovates its properties. The tenants include both individuals and businesses from various industries such as wholesale and retail, manufacturing, and information and technology services. The company's assets are managed by Heiwa Real Estate Asset Management Co.

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