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Avante (Avante) Capex-to-Operating-Income : 0.85 (As of Dec. 2023)


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What is Avante 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.

Avante's Capital Expenditure for the three months ended in Dec. 2023 was $-0.11 Mil. Its Operating Income for the three months ended in Dec. 2023 was $0.12 Mil.

Hence, Avante's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.85.


Avante Capex-to-Operating-Income Historical Data

The historical data trend for Avante'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.

Avante Capex-to-Operating-Income Chart

Avante Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Income
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Avante Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23
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 4.26 1.94 - - 0.85

Competitive Comparison of Avante's Capex-to-Operating-Income

For the Security & Protection Services subindustry, Avante'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.


Avante's Capex-to-Operating-Income Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avante's Capex-to-Operating-Income distribution charts can be found below:

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



Avante Capex-to-Operating-Income Calculation

Avante's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.698) / -0.354
=N/A

Avante's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.105) / 0.124
=0.85

* 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.


Avante  (OTCPK:ALXXF) 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.


Avante Capex-to-Operating-Income Related Terms

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


Avante (Avante) Business Description

Traded in Other Exchanges
Address
1959 Leslie Street, Toronto, ON, CAN, M3B 2M3
Avante Corp is engaged in the provision of security, monitoring, system integration, and technology solutions. Its operating segments are Avante security. Its products and services include residential and corporate security business: Avante control centre, monitoring, electronic building management, patrol and rapid response, intelligent perimeter protection, secure transport, international security travel advisory services, locksmith services, and smart home automation. It provides security services for residential and condominium customers in Toronto and Muskoka, Ontario through the use of technology and client service.