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Abacus Group (ASX:ABG) Capex-to-Operating-Income : 0.00 (As of Dec. 2023)


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What is Abacus Group 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.

Abacus Group's Capital Expenditure for the six months ended in Dec. 2023 was A$-0.02 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$27.09 Mil.

Hence, Abacus Group's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.00.


Abacus Group Capex-to-Operating-Income Historical Data

The historical data trend for Abacus Group'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.

Abacus Group Capex-to-Operating-Income Chart

Abacus Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.08 0.07 0.06 0.02 0.13

Abacus Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.03 0.02 0.05 - -

Competitive Comparison of Abacus Group's Capex-to-Operating-Income

For the REIT - Diversified subindustry, Abacus Group'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.


Abacus Group's Capex-to-Operating-Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Abacus Group's Capex-to-Operating-Income distribution charts can be found below:

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



Abacus Group Capex-to-Operating-Income Calculation

Abacus Group's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-8.304) / 64.28
=0.13

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.02) / 27.092
=0.00

* 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.


Abacus Group  (ASX:ABG) 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.


Abacus Group Capex-to-Operating-Income Related Terms

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Abacus Group (ASX:ABG) Business Description

Industry
Traded in Other Exchanges
Address
77 Castlereagh Street, Level 13, Sydney, NSW, AUS, 2000
Abacus Group is primarily focused on storage and office property, with minor interests in other subsectors such as retail property. Its storage business remains an active acquirer and developer of property. Management separated the storage business in mid-2023. We don't view the separation as creating value in itself, however, we view it as a potential catalyst that could prompt the market to recognize latent value in Abacus' assets. However, it will likely take time for the market to get familiar with the two Abacus vehicles and its new structure.