CNIGO.PFD (Corning Natural Gas Holding) Capex-to-Revenue : 0.20 (As of Mar. 2022)

Corning Natural Gas Holding Capex-to-Revenue Chart

Corning Natural Gas Holding Annual Data
	Trend	Sep12	Sep13	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20	Sep21
Capex-to-Revenue		Get a 7-Day Free Trial					0.22	0.23	0.19	0.27	0.31

Corning Natural Gas Holding Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Capex-to-Revenue	Get a 7-Day Free Trial															0.15	0.34	0.65	0.28	0.20

Competitive Comparison of Corning Natural Gas Holding's Capex-to-Revenue

For the Utilities - Regulated Gas subindustry, Corning Natural Gas Holding'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.

Corning Natural Gas Holding's Capex-to-Revenue Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Corning Natural Gas Holding's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where Corning Natural Gas Holding's Capex-to-Revenue falls into.

Corning Natural Gas Holding Capex-to-Revenue Calculation

Corning Natural Gas Holding's Capex-to-Revenue for the fiscal year that ended in Sep. 2021 is calculated as

Corning Natural Gas Holding's Capex-to-Revenue for the quarter that ended in Mar. 2022 is calculated as

* 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.

Corning Natural Gas Holding  (OTCPK:CNIGO.PFD) 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.

Corning Natural Gas Holding Capex-to-Revenue Related Terms

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Corning Natural Gas Holding Business Description