MGIH (Millennium Group International Holdings) Capex-to-Revenue : 0.16 (As of Jun. 2024)

Millennium Group International Holdings Capex-to-Revenue Chart

Competitive Comparison of Millennium Group International Holdings's Capex-to-Revenue

For the Packaging & Containers subindustry, Millennium Group International Holdings'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.

Millennium Group International Holdings's Capex-to-Revenue Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Millennium Group International Holdings's Capex-to-Revenue distribution charts can be found below:

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

Millennium Group International Holdings Capex-to-Revenue Calculation

Millennium Group International Holdings's Capex-to-Revenue for the fiscal year that ended in Jun. 2024 is calculated as

Millennium Group International Holdings's Capex-to-Revenue for the quarter that ended in Jun. 2024 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.

Millennium Group International Holdings  (NAS:MGIH) 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.

Millennium Group International Holdings Capex-to-Revenue Related Terms

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Millennium Group International Holdings Business Description