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Ray Co (XKRX:228670) Capex-to-Operating-Income : 3.14 (As of Mar. 2025)


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What is Ray Co 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.

Ray Co's Capital Expenditure for the three months ended in Mar. 2025 was ₩-670.98 Mil. Its Operating Income for the three months ended in Mar. 2025 was ₩213.52 Mil.

Hence, Ray Co's Capex-to-Operating-Income for the three months ended in Mar. 2025 was 3.14.


Ray Co Capex-to-Operating-Income Historical Data

The historical data trend for Ray Co'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.

Ray Co Capex-to-Operating-Income Chart

Ray Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.60 6.91 2.02 0.43 -

Ray Co Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - 3.23 - 3.14

Competitive Comparison of Ray Co's Capex-to-Operating-Income

For the Medical Devices subindustry, Ray Co'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.


Ray Co's Capex-to-Operating-Income Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Ray Co's Capex-to-Operating-Income distribution charts can be found below:

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


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Ray Co Capex-to-Operating-Income Calculation

Ray Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-3095.515) / -44253.559
=N/A

Ray Co's Capex-to-Operating-Income for the quarter that ended in Mar. 2025 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-670.977) / 213.523
=3.14

* 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.


Ray Co  (XKRX:228670) 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.


Ray Co Capex-to-Operating-Income Related Terms

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Ray Co Business Description

Traded in Other Exchanges
N/A
Address
Pangyoyeok-ro, Bundang-gu, 12th Floor, 221, Gyeonggi-do, Seongnam-si, KOR, 13494
Ray Co Ltd is a South Korea based company engaged in providing x-ray imaging solutions in dental & medical industry. The product portfolio of the company include 3-in-1 CBCT RAYSCAN series for dental and medical, IP scanner RIOScan, intraoral sensor RIOSensor and software solutions.

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