Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
Steelcase's Capital Expenditure for the
three
months ended in Feb. 2024 was $-9.70 Mil. Its Operating Income for the
three
months ended in Feb. 2024 was $28.00 Mil.
Hence, Steelcase's Capex-to-Operating-Income for the
three
months ended in Feb. 2024 was 0.35.
Steelcase Capex-to-Operating-Income Historical Data
The historical data trend for Steelcase'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.
For the Business Equipment & Supplies subindustry, Steelcase'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.
Steelcase Capex-to-Operating-Income Distribution
For the Industrial Products industry and Industrials sector, Steelcase's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where Steelcase's Capex-to-Operating-Income falls into.
Steelcase Capex-to-Operating-Income Calculation
Steelcase's Capex-to-Operating-Income for the fiscal year that ended in Feb. 2024 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.
Steelcase Capex-to-Operating-Income Related Terms
Thank you for viewing the detailed overview of Steelcase's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Steelcase Inc is a furniture company primarily based in the United States and has operations in Europe, the Middle East, and Africa. Steelcase markets its products primarily through a network of independent and company-owned dealers. The company operates through the Americas segment, the EMEA segment and the Other category. The Americas segment offers architecture, furniture and technology products is marketed to corporate, government, healthcare, education and retail customers, EMEA segment provides furniture systems, storage and seating solutions. Majority of revenue is generated from Americas segment.
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