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Forza Petroleum (TSX:FORZ) Capex-to-Operating-Income : 0.00 (As of Sep. 2023)


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What is Forza Petroleum 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.

Forza Petroleum's Capital Expenditure for the three months ended in Sep. 2023 was C$-4.53 Mil. Its Operating Income for the three months ended in Sep. 2023 was C$-2.49 Mil.

GuruFocus do not calculate Capex-to-Operating-Income if the Operating Income is negative.


Forza Petroleum Capex-to-Operating-Income Historical Data

The historical data trend for Forza Petroleum'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.

Forza Petroleum Capex-to-Operating-Income Chart

Forza Petroleum Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.95 5.94 - 0.83 0.68

Forza Petroleum Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.56 1.35 20.27 - -

Competitive Comparison of Forza Petroleum's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, Forza Petroleum'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.


Forza Petroleum's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

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

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



Forza Petroleum Capex-to-Operating-Income Calculation

Forza Petroleum's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-89.01) / 130.102
=0.68

Forza Petroleum's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-4.532) / -2.487
=N/A

* 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.


Forza Petroleum  (TSX:FORZ) 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.


Forza Petroleum Capex-to-Operating-Income Related Terms

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Forza Petroleum (TSX:FORZ) Business Description

Industry
Traded in Other Exchanges
Address
7th Avenue SW, 3400 First Canadian Centre 350, Calgary, AB, CAN, T2P 3N9
Forza Petroleum Ltd is engaged in the acquisition and development of exploration and production assets to produce hydrocarbons and to increase oil and gas reserves. The company holds interests in and operates the Hawler license area in the Kurdistan Region of Iraq.
Executives
Yann Hervé Didier Marie Chiffoleau Senior Officer