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Millennial Lithium (TSXV:ML) Capex-to-Operating-Income : 0.00 (As of Aug. 2021)


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What is Millennial Lithium 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.

Millennial Lithium's Capital Expenditure for the three months ended in Aug. 2021 was C$-1.39 Mil. Its Operating Income for the three months ended in Aug. 2021 was C$-2.66 Mil.

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


Millennial Lithium Capex-to-Operating-Income Historical Data

The historical data trend for Millennial Lithium'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.

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Millennial Lithium Capex-to-Operating-Income Chart

Millennial Lithium Annual Data
Trend Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21
Capex-to-Operating-Income
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Millennial Lithium Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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Competitive Comparison of Millennial Lithium's Capex-to-Operating-Income

For the Other Industrial Metals & Mining subindustry, Millennial Lithium'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.


Millennial Lithium's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

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

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



Millennial Lithium Capex-to-Operating-Income Calculation

Millennial Lithium's Capex-to-Operating-Income for the fiscal year that ended in Feb. 2021 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-9.004) / -10.935
=N/A

Millennial Lithium's Capex-to-Operating-Income for the quarter that ended in Aug. 2021 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1.389) / -2.655
=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.


Millennial Lithium  (TSXV:ML) 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.


Millennial Lithium Capex-to-Operating-Income Related Terms

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Millennial Lithium (TSXV:ML) Business Description

Traded in Other Exchanges
N/A
Address
350 Bay Street, Suite 400, Toronto, ON, CAN, M5H 2S6
Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.