Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
NetApp's Capital Expenditure for the
three
months ended in Jan. 2024 was $-36.00 Mil. Its Operating Income for the
three
months ended in Jan. 2024 was $382.00 Mil.
Hence, NetApp's Capex-to-Operating-Income for the
three
months ended in Jan. 2024 was 0.09.
NetApp Capex-to-Operating-Income Historical Data
The historical data trend for NetApp'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.
Competitive Comparison of NetApp's Capex-to-Operating-Income
For the Computer Hardware subindustry, NetApp'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.
NetApp's Capex-to-Operating-Income Distribution in the Hardware Industry
For the Hardware industry and Technology sector, NetApp's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where NetApp's Capex-to-Operating-Income falls into.
NetApp Capex-to-Operating-Income Calculation
NetApp's Capex-to-Operating-Income for the fiscal year that ended in Apr. 2023 is calculated as
* 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.
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.
NetApp Capex-to-Operating-Income Related Terms
Thank you for viewing the detailed overview of NetApp's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.
NetApp Inc is a leading provider of enterprise data management and storage solutions. The company's segments include Hybrid Cloud and Public Cloud. It generates maximum revenue from the Hybrid Cloud segment. The Hybrid Cloud segment offers a portfolio of storage management and infrastructure solutions that help customers recast their traditional data centers with the power of cloud. This portfolio is designed to operate with public clouds to unlock the potential of hybrid, multi-cloud operations. Hybrid Cloud is composed of software, hardware, and related support, as well as professional and other services.
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