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DNO ASA (DNO ASA) Capex-to-Operating-Income : 1.35 (As of Dec. 2023)


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What is DNO ASA 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.

DNO ASA's Capital Expenditure for the three months ended in Dec. 2023 was $-70.20 Mil. Its Operating Income for the three months ended in Dec. 2023 was $52.10 Mil.

Hence, DNO ASA's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 1.35.


DNO ASA Capex-to-Operating-Income Historical Data

The historical data trend for DNO ASA'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.

DNO ASA Capex-to-Operating-Income Chart

DNO ASA 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 1.72 - 0.70 0.47 1.26

DNO ASA 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 0.55 0.48 - 1.74 1.35

Competitive Comparison of DNO ASA's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, DNO ASA'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.


DNO ASA's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

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

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



DNO ASA Capex-to-Operating-Income Calculation

DNO ASA'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
=- (-283.3) / 225.3
=1.26

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-70.2) / 52.1
=1.35

* 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.


DNO ASA  (OTCPK:DTNOF) 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.


DNO ASA Capex-to-Operating-Income Related Terms

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DNO ASA (DNO ASA) Business Description

Industry
Address
Dokkveien 1, P.O. Box 1345 Vika, Aker Brygge, Oslo, NOR, 0250
DNO ASA is an oil and gas exploration and production company. A group of licenses are held for fields in Kurdistan, Yemen, United Kingdom, and Norway. Producing assets in Kurdistan generate the majority of revenue for the company. Petroleum products from Kurdistan fields are either sold locally or externally, with external shipments constituting the majority. The company holds working interests in both onshore and offshore fields and operates as either the sole operator or partner in many of its facilities.

DNO ASA (DNO ASA) Headlines

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