GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Northern Star Resources Ltd (OTCPK:NESRF) » Definitions » Capex-to-Operating-Income

Northern Star Resources (Northern Star Resources) Capex-to-Operating-Income : 2.26 (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Northern Star Resources 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.

Northern Star Resources's Capital Expenditure for the six months ended in Dec. 2023 was $-482.73 Mil. Its Operating Income for the six months ended in Dec. 2023 was $213.39 Mil.

Hence, Northern Star Resources's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 2.26.


Northern Star Resources Capex-to-Operating-Income Historical Data

The historical data trend for Northern Star Resources'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.

Northern Star Resources Capex-to-Operating-Income Chart

Northern Star Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.25 0.88 1.88 2.97 1.22

Northern Star Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.85 3.08 7.60 0.64 2.26

Competitive Comparison of Northern Star Resources's Capex-to-Operating-Income

For the Gold subindustry, Northern Star Resources'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.


Northern Star Resources's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Northern Star Resources's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Northern Star Resources's Capex-to-Operating-Income falls into.



Northern Star Resources Capex-to-Operating-Income Calculation

Northern Star Resources's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-710.872) / 583.289
=1.22

Northern Star Resources's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-482.731) / 213.387
=2.26

* 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.


Northern Star Resources  (OTCPK:NESRF) 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.


Northern Star Resources Capex-to-Operating-Income Related Terms

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


Northern Star Resources (Northern Star Resources) Business Description

Traded in Other Exchanges
Address
500 Hay Street, Level 4, Subiaco, Perth, WA, AUS, 6008
Northern Star is an Australia-based midtier global gold miner that sold around 1.6 million ounces of gold in fiscal 2023 from its three wholly owned mining operations in Australia and Alaska. Its current operations are the result of significant merger and acquisition activity including 13 acquisitions and four asset sales since 2010. Northern Star had roughly a decade of reserves at the end of fiscal 2023.

Northern Star Resources (Northern Star Resources) Headlines

From GuruFocus

Why Northern Star Resources Limited Is a Buy

By Alberto Abaterusso Alberto Abaterusso 01-29-2020

Northern Star Resources Plummets After Releasing Full-Year Results

By Alberto Abaterusso Alberto Abaterusso 08-27-2019

Gabellie Funds Comments on Northern Star Resources

By Holly LaFon Holly LaFon 11-17-2016

Northern Star Resources Soars on 2nd-Half Results

By Alberto Abaterusso Alberto Abaterusso 02-13-2019

Add Northern Star Resources as Price Falls

By Alberto Abaterusso Alberto Abaterusso 12-04-2018