ABTS (Abits Group) Capex-to-Revenue : 0.00 (As of Jun. 2024)

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What is Abits Group Capex-to-Revenue?

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.

Abits Group's Capital Expenditure for the six months ended in Jun. 2024 was $0.00 Mil. Its Revenue for the six months ended in Jun. 2024 was $3.67 Mil.

Hence, Abits Group's Capex-to-Revenue for the six months ended in Jun. 2024 was 0.00.

Abits Group Capex-to-Revenue Historical Data

The historical data trend for Abits Group's Capex-to-Revenue 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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Abits Group Capex-to-Revenue Chart

Abits Group Annual Data

Trend

Sep19

Sep20

Dec21

Dec22

Dec23

Capex-to-Revenue

199.43

5.50

Abits Group Semi-Annual Data
	Sep19	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Capex-to-Revenue	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Abits Group's Capex-to-Revenue

For the Capital Markets subindustry, Abits Group's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue 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.

Abits Group's Capex-to-Revenue Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Abits Group's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where Abits Group's Capex-to-Revenue falls into.

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Abits Group Capex-to-Revenue Calculation

Abits Group's Capex-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-9.251)	/	1.682
	=	5.50

Abits Group's Capex-to-Revenue for the quarter that ended in Jun. 2024 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (0)	/	3.67
	=	0.00

Abits Group (NAS:ABTS) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.

Abits Group Capex-to-Revenue Related Terms

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