GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Absecon Bancorp (OTCPK:ASCN) » Definitions » Capex-to-Revenue

ASCN (Absecon Bancorp) Capex-to-Revenue : 0.04 (As of Dec. 2023)


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

What is Absecon Bancorp Capex-to-Revenue?

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

Absecon Bancorp's Capital Expenditure for the six months ended in Dec. 2023 was $-0.27 Mil. Its Revenue for the six months ended in Dec. 2023 was $7.11 Mil.

Hence, Absecon Bancorp's Capex-to-Revenue for the six months ended in Dec. 2023 was 0.04.


Absecon Bancorp Capex-to-Revenue Historical Data

The historical data trend for Absecon Bancorp'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.

* Premium members only.

Absecon Bancorp Capex-to-Revenue Chart

Absecon Bancorp Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Revenue
0.02 0.01 0.04 0.02 0.04

Absecon Bancorp Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Revenue 0.02 0.01 0.04 0.02 0.04

Competitive Comparison of Absecon Bancorp's Capex-to-Revenue

For the Banks - Regional subindustry, Absecon Bancorp'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.


Absecon Bancorp's Capex-to-Revenue Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Absecon Bancorp's Capex-to-Revenue distribution charts can be found below:

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


;
;

Absecon Bancorp Capex-to-Revenue Calculation

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

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-0.266) / 7.11
=0.04

Absecon Bancorp's Capex-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-0.266) / 7.11
=0.04

* 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.


Absecon Bancorp  (OTCPK:ASCN) 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.


Absecon Bancorp Capex-to-Revenue Related Terms

Thank you for viewing the detailed overview of Absecon Bancorp's Capex-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.


Absecon Bancorp Business Description

Traded in Other Exchanges
N/A
Address
106 New Jersey Avenue, Absecon, NJ, USA, 08201-2409
Absecon Bancorp is engaged in providing financial products and services to individual and corporate customers in southern New Jersey. The principal business of the Bank consists of attracting deposits and applying those funds to the purchase of investments and the origination of loans. The Bank's income is derived principally from interest and dividends on investments and interest and fees earned in connection with its lending activities.

Absecon Bancorp Headlines