29Metals (ASX:29M) Capex-to-Operating-Income : 0.00 (As of Dec. 2023)

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What is 29Metals 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.

29Metals's Capital Expenditure for the six months ended in Dec. 2023 was A$-44.09 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$-33.37 Mil.

GuruFocus do not calculate Capex-to-Operating-Income if the Operating Income is negative.

29Metals Capex-to-Operating-Income Historical Data

The historical data trend for 29Metals'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.

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29Metals Capex-to-Operating-Income Chart

29Metals Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Capex-to-Operating-Income

1.06

29Metals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Capex-to-Operating-Income	-	3.65	-	-	-

Competitive Comparison of 29Metals's Capex-to-Operating-Income

For the Other Precious Metals & Mining subindustry, 29Metals'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.

29Metals's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 29Metals's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where 29Metals's Capex-to-Operating-Income falls into.

29Metals Capex-to-Operating-Income Calculation

29Metals's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-84.944)	/	-320.718
	=	N/A

29Metals's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-44.093)	/	-33.366
	=	N/A

29Metals (ASX:29M) 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.

29Metals Capex-to-Operating-Income Related Terms

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29Metals (ASX:29M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » 29Metals Ltd (ASX:29M) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

150 Collins Street, Level 2, Melbourne, VIC, AUS, 3000

Website

https://www.29metals.com

29Metals Ltd is a copper-focused base and precious metals mining company. It has two long-life, producing assets: Golden Grove in Western Australia (copper, zinc, gold, and silver) and Capricorn Copper in Queensland (copper and silver).

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