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Coventry Group (ASX:CYG) Capex-to-Operating-Income : 0.35 (As of Dec. 2023)


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What is Coventry 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.

Coventry Group's Capital Expenditure for the six months ended in Dec. 2023 was A$-2.14 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$6.15 Mil.

Hence, Coventry Group's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.35.


Coventry Group Capex-to-Operating-Income Historical Data

The historical data trend for Coventry 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.

Coventry Group Capex-to-Operating-Income Chart

Coventry 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 0.18 0.39 0.19 0.43 0.14

Coventry 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 0.53 0.35 0.35 0.09 0.35

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

For the Industrial Distribution subindustry, Coventry 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.


Coventry Group's Capex-to-Operating-Income Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Coventry Group's Capex-to-Operating-Income distribution charts can be found below:

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



Coventry Group Capex-to-Operating-Income Calculation

Coventry 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
=- (-3.739) / 27.182
=0.14

Coventry 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
=- (-2.14) / 6.148
=0.35

* 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.


Coventry Group  (ASX:CYG) 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.


Coventry Group Capex-to-Operating-Income Related Terms

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Coventry Group (ASX:CYG) Business Description

Traded in Other Exchanges
N/A
Address
235 Settlement Road, Thomastown, P.O. Box 526, Melbourne, VIC, AUS, 3074
Coventry Group Ltd distributes and markets industrial products. The company operates through the following segments: Trade Distribution, and Fluid Systems. It generates maximum revenue from the Trade Distribution segment. The Trade Distribution segment includes the importation, distribution, and marketing of industrial fasteners, industrial hardware supplies and associated products and cabinet making hardware. Its Fluid Systems segment includes the design, manufacture, distribution, installation, and maintenance of lubrication and hydraulic fluid systems and hoses. Geographically, it derives a majority of revenue from Australia.

Coventry Group (ASX:CYG) Headlines

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