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Serena Energia (BSP:SRNA3) Capex-to-Operating-Income : 1.77 (As of Dec. 2023)


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What is Serena Energia 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.

Serena Energia's Capital Expenditure for the three months ended in Dec. 2023 was R$-636.85 Mil. Its Operating Income for the three months ended in Dec. 2023 was R$360.63 Mil.

Hence, Serena Energia's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 1.77.


Serena Energia Capex-to-Operating-Income Historical Data

The historical data trend for Serena Energia'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.

Serena Energia Capex-to-Operating-Income Chart

Serena Energia Annual Data
Trend Dec21 Dec22 Dec23
Capex-to-Operating-Income
0.11 4.92 2.92

Serena Energia Quarterly Data
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 5.55 4.19 5.55 - 1.77

Competitive Comparison of Serena Energia's Capex-to-Operating-Income

For the Utilities - Renewable subindustry, Serena Energia'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.


Serena Energia's Capex-to-Operating-Income Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Serena Energia's Capex-to-Operating-Income distribution charts can be found below:

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



Serena Energia Capex-to-Operating-Income Calculation

Serena Energia'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
=- (-2528.673) / 865.287
=2.92

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-636.85) / 360.628
=1.77

* 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.


Serena Energia  (BSP:SRNA3) 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.


Serena Energia Capex-to-Operating-Income Related Terms

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Serena Energia (BSP:SRNA3) Business Description

Traded in Other Exchanges
N/A
Address
Rua Elvira Ferraz, no. 68, 12th floor, Conjuntos no. 123 and 124, Vila Olimpia, Sao Paulo, SP, BRA, 04552-040
Serena Energia SA is engaged in the generation of renewable energy. Its portfolio includes wind, hydro, and solar operational assets.

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