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Toray Industries (Toray Industries) Capex-to-Operating-Income : 1.12 (As of Dec. 2023)


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What is Toray 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.

Toray Industries's Capital Expenditure for the three months ended in Dec. 2023 was $-209.39 Mil. Its Operating Income for the three months ended in Dec. 2023 was $187.00 Mil.

Hence, Toray Industries's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 1.12.


Toray Industries Capex-to-Operating-Income Historical Data

The historical data trend for Toray 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.

Toray Industries Capex-to-Operating-Income Chart

Toray Industries Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.20 1.23 2.19 0.92 0.94

Toray Industries 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 0.92 3.34 1.30 1.48 1.12

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

For the Textile Manufacturing subindustry, Toray 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.


Toray Industries's Capex-to-Operating-Income Distribution in the Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Toray Industries's Capex-to-Operating-Income distribution charts can be found below:

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



Toray Industries Capex-to-Operating-Income Calculation

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-764.722) / 815.483
=0.94

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-209.388) / 186.996
=1.12

* 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.


Toray Industries  (OTCPK:TRYIY) 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.


Toray Industries Capex-to-Operating-Income Related Terms

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Toray Industries (Toray Industries) Business Description

Traded in Other Exchanges
Address
Nihonbashi Mitsui Tower 2-1-1, Nihonbashi Muromach, Chuo-ku, Tokyo, JPN, 103-8666
Toray Industries Inc is a Japan-based company that is primarily engaged in the integrated chemical industry to produce apparel and industrial materials. The company's businesses consist of Fibers & Textiles, Plastics & Chemicals, IT-related Products, Carbon Fiber Composite Materials, Environment & Engineering, and Life Science. The Fibers & Textiles business and Plastics & Chemicals business are the company's core growth drivers, and they jointly contribute around two thirds of the company's revenue. The company has business presence in Japan, China, other Asian areas, Europe, North America, and other areas, with the whole Asia market accounting for majority of the company's total revenue.

Toray Industries (Toray Industries) Headlines