GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Source Energy Services Ltd (TSX:SHLE) » Definitions » Capex-to-Operating-Income

Source Energy Services (TSX:SHLE) Capex-to-Operating-Income : 0.71 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Source Energy Services 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.

Source Energy Services's Capital Expenditure for the three months ended in Dec. 2023 was C$-9.67 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$13.73 Mil.

Hence, Source Energy Services's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.71.


Source Energy Services Capex-to-Operating-Income Historical Data

The historical data trend for Source Energy Services'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.

Source Energy Services Capex-to-Operating-Income Chart

Source Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 2.16 0.92 0.41

Source Energy Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.15 0.60 0.28 0.71

Competitive Comparison of Source Energy Services's Capex-to-Operating-Income

For the Oil & Gas Equipment & Services subindustry, Source Energy Services'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.


Source Energy Services's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

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

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



Source Energy Services Capex-to-Operating-Income Calculation

Source Energy Services's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-22.112) / 53.941
=0.41

Source Energy Services's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-9.672) / 13.726
=0.70

* 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.


Source Energy Services  (TSX:SHLE) 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.


Source Energy Services Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Source Energy Services's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Source Energy Services (TSX:SHLE) Business Description

Traded in Other Exchanges
Address
500, 1060 - 7th Street SW, Calgary, AB, CAN, T2R 0C4
Source Energy Services Ltd is a Canada based company engaged in the integrated production and distribution of frac sand as well as the distribution of other bulk oil and gas well completion materials that aren't produced by Source. It provides customers with an end-to-end solution for frac sand supported by its Wisconsin mines and processing facilities, its Western Canadian terminal network and its last mile logistics capabilities. The company also offers storage and logistics services for other bulk oil and gas well completion materials and has developed Sahara, a proprietary wellsite mobile sand storage and handling system. The geographical segments of the group are the US Operations and Canadian Operations.
Executives
Derren James Newell Senior Officer

Source Energy Services (TSX:SHLE) Headlines

No Headlines