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TerraVest Industries (TSX:TVK) Capex-to-Operating-Income : 0.36 (As of Dec. 2023)


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What is TerraVest Industries 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.

TerraVest Industries's Capital Expenditure for the three months ended in Dec. 2023 was C$-13.55 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$37.53 Mil.

Hence, TerraVest Industries's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.36.


TerraVest Industries Capex-to-Operating-Income Historical Data

The historical data trend for TerraVest Industries'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.

TerraVest Industries Capex-to-Operating-Income Chart

TerraVest Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.48 0.30 0.41 0.70 0.43

TerraVest Industries 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 0.34 0.37 0.65 0.43 0.36

Competitive Comparison of TerraVest Industries's Capex-to-Operating-Income

For the Oil & Gas Equipment & Services subindustry, TerraVest Industries'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.


TerraVest Industries's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

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

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



TerraVest Industries Capex-to-Operating-Income Calculation

TerraVest Industries's Capex-to-Operating-Income for the fiscal year that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-33.507) / 78.379
=0.43

TerraVest Industries's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-13.549) / 37.533
=0.36

* 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.


TerraVest Industries  (TSX:TVK) 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.


TerraVest Industries Capex-to-Operating-Income Related Terms

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TerraVest Industries (TSX:TVK) Business Description

Traded in Other Exchanges
Address
60 Street, Suite 6205, Vegreville, AB, CAN, T9C 1P7
TerraVest Industries Inc is a manufacturer of home heating products, propane, anhydrous ammonia, natural gas liquids transport vehicles, storage vessels, energy processing equipment, and fiberglass storage tanks. The company's operating segments include, : Home Heating and Cooling Products (HVAC Equipment), Compressed Gas Storage and Distribution Equipment (Compressed Gas Equipment), Energy Processing Equipment (Processing Equipment) and Service. Majority of the revenue for the company is generated from its Compressed Gas Equipment segment which manufactures engineered products for the storage, distribution and dispensing of compressed gases including liquid propane gas, natural gas liquids, carbon dioxide and other gases. The company operates in Canada and United States.

TerraVest Industries (TSX:TVK) Headlines

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