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ME Therapeutics Holding (XCNQ:METX) Capex-to-Operating-Income : 0.00 (As of Feb. 2024)


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What is ME Therapeutics Holding 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.

ME Therapeutics Holding's Capital Expenditure for the three months ended in Feb. 2024 was C$0.00 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$-0.15 Mil.

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


ME Therapeutics Holding Capex-to-Operating-Income Historical Data

The historical data trend for ME Therapeutics Holding'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.

ME Therapeutics Holding Capex-to-Operating-Income Chart

ME Therapeutics Holding Annual Data
Trend Aug22 Aug23
Capex-to-Operating-Income
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ME Therapeutics Holding Quarterly Data
Aug22 Dec22 May23 Aug23 Nov23 Feb24
Capex-to-Operating-Income Get a 7-Day Free Trial - - - - -

Competitive Comparison of ME Therapeutics Holding's Capex-to-Operating-Income

For the Biotechnology subindustry, ME Therapeutics Holding'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.


ME Therapeutics Holding's Capex-to-Operating-Income Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, ME Therapeutics Holding's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where ME Therapeutics Holding's Capex-to-Operating-Income falls into.



ME Therapeutics Holding Capex-to-Operating-Income Calculation

ME Therapeutics Holding's Capex-to-Operating-Income for the fiscal year that ended in Aug. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (0) / -0.977
=N/A

ME Therapeutics Holding's Capex-to-Operating-Income for the quarter that ended in Feb. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (0) / -0.145
=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.


ME Therapeutics Holding  (XCNQ:METX) 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.


ME Therapeutics Holding Capex-to-Operating-Income Related Terms

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ME Therapeutics Holding (XCNQ:METX) Business Description

Comparable Companies
Traded in Other Exchanges
Address
177 Robson Street, Vancouver, BC, CAN, V6B 0N3
ME Therapeutics Holding Inc operates its business through ME Therapeutics. It is a preclinical-stage biotechnology company working on novel cancer-fighting drugs in the field of Immuno-Oncology (IO). It is developing preclinical data for its myeloid-targeted candidate assets using validated cancer models.

ME Therapeutics Holding (XCNQ:METX) Headlines

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