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Kirkland Lake Gold (TSX:KL) Capex-to-Operating-Income : 0.53 (As of Sep. 2021)


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What is Kirkland Lake Gold 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.

Kirkland Lake Gold's Capital Expenditure for the three months ended in Sep. 2021 was C$-229.60 Mil. Its Operating Income for the three months ended in Sep. 2021 was C$431.11 Mil.

Hence, Kirkland Lake Gold's Capex-to-Operating-Income for the three months ended in Sep. 2021 was 0.53.


Kirkland Lake Gold Capex-to-Operating-Income Historical Data

The historical data trend for Kirkland Lake Gold'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.

Kirkland Lake Gold Capex-to-Operating-Income Chart

Kirkland Lake Gold Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Dec16 Dec17 Dec18 Dec19 Dec20
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.65 0.71 0.56 0.46

Kirkland Lake Gold Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 0.49 0.50 0.70 0.59 0.53

Competitive Comparison of Kirkland Lake Gold's Capex-to-Operating-Income

For the Gold subindustry, Kirkland Lake Gold'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.


Kirkland Lake Gold's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Kirkland Lake Gold's Capex-to-Operating-Income distribution charts can be found below:

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



Kirkland Lake Gold Capex-to-Operating-Income Calculation

Kirkland Lake Gold's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2020 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-746.415) / 1616.837
=0.46

Kirkland Lake Gold's Capex-to-Operating-Income for the quarter that ended in Sep. 2021 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-229.602) / 431.111
=0.53

* 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.


Kirkland Lake Gold  (TSX:KL) 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.


Kirkland Lake Gold Capex-to-Operating-Income Related Terms

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Kirkland Lake Gold (TSX:KL) Business Description

Traded in Other Exchanges
N/A
Address
200 Bay Street, Suite 2800, Toronto, ON, CAN, M5J 2J1
Kirkland Lake Gold Ltd is a Canada-based gold mining, development, and exploration company with a diversified portfolio of exploration projects. The production profile of the company includes the Macassa mine complex located in northeastern Ontario and the Fosterville gold mine located in the State of Victoria, Australia. Also, the company owns the Holt mine and the Detour mine. The company's mines and material mineral projects are located in Canada and Australia.

Kirkland Lake Gold (TSX:KL) Headlines