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Cathedral Energy Services (Cathedral Energy Services) Capex-to-Operating-Income : 0.82 (As of Dec. 2023)


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What is Cathedral Energy Services 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.

Cathedral Energy Services's Capital Expenditure for the three months ended in Dec. 2023 was $-6.28 Mil. Its Operating Income for the three months ended in Dec. 2023 was $7.64 Mil.

Hence, Cathedral Energy Services's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.82.


Cathedral Energy Services Capex-to-Operating-Income Historical Data

The historical data trend for Cathedral Energy Services'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.

Cathedral Energy Services Capex-to-Operating-Income Chart

Cathedral Energy Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.74 1.37

Cathedral Energy Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 0.45 97.49 5.13 1.22 0.82

Competitive Comparison of Cathedral Energy Services's Capex-to-Operating-Income

For the Oil & Gas Drilling subindustry, Cathedral Energy Services'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.


Cathedral Energy Services's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Cathedral Energy Services's Capex-to-Operating-Income distribution charts can be found below:

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



Cathedral Energy Services Capex-to-Operating-Income Calculation

Cathedral Energy Services'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
=- (-34.61) / 25.251
=1.37

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-6.28) / 7.637
=0.82

* 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.


Cathedral Energy Services  (OTCPK:CETEF) 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.


Cathedral Energy Services Capex-to-Operating-Income Related Terms

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Cathedral Energy Services (Cathedral Energy Services) Business Description

Traded in Other Exchanges
Address
6030 - 3rd Street S.E., Calgary, AB, CAN, T2H 1K2
Cathedral Energy Services Ltd is a Canadian-based company that is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States. The Directional Drilling division provides horizontal, directional, and underbalanced drilling services. Geographically the company caters its services to Canada and the United States, of which a majority of the revenue is derived from United States.

Cathedral Energy Services (Cathedral Energy Services) Headlines