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Insteel Industries (Insteel Industries) Capex-to-Operating-Income : 0.25 (As of Mar. 2024)


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What is Insteel Industries 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.

Insteel Industries's Capital Expenditure for the three months ended in Mar. 2024 was $-1.96 Mil. Its Operating Income for the three months ended in Mar. 2024 was $7.84 Mil.

Hence, Insteel Industries's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.25.


Insteel Industries Capex-to-Operating-Income Historical Data

The historical data trend for Insteel Industries'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.

Insteel Industries Capex-to-Operating-Income Chart

Insteel Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 0.29 0.20 0.10 0.88

Insteel Industries Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.25 0.90 0.70 - 0.25

Competitive Comparison of Insteel Industries's Capex-to-Operating-Income

For the Metal Fabrication subindustry, Insteel Industries'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.


Insteel Industries's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Insteel Industries's Capex-to-Operating-Income distribution charts can be found below:

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



Insteel Industries Capex-to-Operating-Income Calculation

Insteel Industries's Capex-to-Operating-Income for the fiscal year that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-30.702) / 34.713
=0.88

Insteel Industries's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1.957) / 7.84
=0.25

* 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.


Insteel Industries  (NYSE:IIIN) 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.


Insteel Industries Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of Insteel Industries's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.


Insteel Industries (Insteel Industries) Business Description

Traded in Other Exchanges
Address
1373 Boggs Drive, Mount Airy, NC, USA, 27030
Insteel Industries Inc manufactures steel wire reinforcing products for concrete construction applications. It manufactures and markets PC strand and welded wire reinforcement, including ESM, concrete pipe reinforcement, and standard welded wire reinforcement. The company's products are sold primarily to manufacturers of concrete products that are used in nonresidential construction. Its concrete reinforcing products consist of two product lines: PC strand and WWR. Insteel generates its geographical revenue from the United States.
Executives
James F Petelle officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Richard Wagner officer: Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Elizabeth Carroll Southern officer: Vice President-Administration 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Patrick K. Griffin officer: Controller and CAO 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Scot R Jafroodi officer: Chief Accounting Officer 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Woltz H O Iii director, officer: President and CEO 1373 BOGGS DR, MT AIRY NC 27030
James R. York officer: Senior Vice President 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
Mark A Carano officer: Vice President and CFO 13024 BALLANTYNE CORPORATE PLACE, #700, CHARLOTTE NC 28277
Joseph A Rutkowski director 2100 REXFORD RD, CHARLOTTE NC 28211
Jon M Ruth director 1373 BOGGS DRIVE, MOUNT AIRY NC 27030
G Kennedy Thompson director 3000 HANOVER STREET, PALO ALTO CA 94304
Anne H Lloyd director
Michael C Gazmarian officer: Treasurer 1373 BOGGS DR, MT AIRY NC 27030
Charles B Newsome director 1373 BOGGS DR, MT AIRY NC 27030
Rogers W Allen Ii director 1373 BOGGS DR, MT AIRY NC 27030

Insteel Industries (Insteel Industries) Headlines

From GuruFocus

Insteel Industries Announces First Quarter 2022 Conference Call

By Business Wire Business Wire 12-20-2021

Insteel Industries Announces Organizational Change

By Business Wire Business Wire 12-01-2022

Insteel Industries Announces Third Quarter 2022 Conference Call

By Business Wire Business Wire 06-21-2022

Insteel Industries Announces Fourth Quarter 2021 Conference Call

By Business Wire Business Wire 09-21-2021

Insteel Industries Declares Quarterly Cash Dividend

By Business Wire Business Wire 02-14-2023

Insteel Industries Announces Third Quarter 2023 Conference Call

By Business Wire Business Wire 06-20-2023

Insteel Industries Declares Regular Quarterly and Special Cash Dividends

By Business Wire Business Wire 11-16-2021