GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sorrento Resources Ltd (XCNQ:SRS) » Definitions » Capex-to-Operating-Income

Sorrento Resources (XCNQ:SRS) Capex-to-Operating-Income : 0.00 (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Sorrento Resources 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.

Sorrento Resources's Capital Expenditure for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$-0.21 Mil.

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


Sorrento Resources Capex-to-Operating-Income Historical Data

The historical data trend for Sorrento Resources'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.

Sorrento Resources Capex-to-Operating-Income Chart

Sorrento Resources Annual Data
Trend Jun22 Jun23
Capex-to-Operating-Income
- -

Sorrento Resources Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Sorrento Resources's Capex-to-Operating-Income

For the Other Industrial Metals & Mining subindustry, Sorrento Resources'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.


Sorrento Resources's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

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

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



Sorrento Resources Capex-to-Operating-Income Calculation

Sorrento Resources's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.05) / -0.437
=N/A

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (0) / -0.213
=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.


Sorrento Resources  (XCNQ:SRS) 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.


Sorrento Resources Capex-to-Operating-Income Related Terms

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


Sorrento Resources (XCNQ:SRS) Business Description

Traded in Other Exchanges
Address
9285 - 203B Street, Langley, BC, CAN, V1M 2L9
Sorrento Resources Ltd engages in the exploration, development, and exploitation of mineral resources in Canada. Its projects include Wing Pond project, Harmsworth project, PEG lithium project, Silver Mountain project and others.
Executives
Blair Lawrence Naughty 10% Security Holder

Sorrento Resources (XCNQ:SRS) Headlines