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Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Capex-to-Operating-Income : 1.51 (As of Mar. 2024)


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What is Algonquin Power & Utilities 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.

Algonquin Power & Utilities's Capital Expenditure for the three months ended in Mar. 2024 was C$-287.70 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$190.85 Mil.

Hence, Algonquin Power & Utilities's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.51.


Algonquin Power & Utilities Capex-to-Operating-Income Historical Data

The historical data trend for Algonquin Power & Utilities'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.

Algonquin Power & Utilities Capex-to-Operating-Income Chart

Algonquin Power & Utilities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.65 2.29 3.62 2.18 2.15

Algonquin Power & Utilities 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 1.22 2.59 2.22 2.80 1.51

Competitive Comparison of Algonquin Power & Utilities's Capex-to-Operating-Income

For the Utilities - Renewable subindustry, Algonquin Power & Utilities'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.


Algonquin Power & Utilities's Capex-to-Operating-Income Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's Capex-to-Operating-Income falls into.



Algonquin Power & Utilities Capex-to-Operating-Income Calculation

Algonquin Power & Utilities's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1376.711) / 641.004
=2.15

Algonquin Power & Utilities's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-287.702) / 190.851
=1.51

* 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.


Algonquin Power & Utilities  (TSX:AQN.PR.A.PFD) 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.


Algonquin Power & Utilities Capex-to-Operating-Income Related Terms

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Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Business Description

Address
354 Davis Road, Oakville, ON, CAN, L6J 2X1
Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.

Algonquin Power & Utilities (TSX:AQN.PR.A.PFD) Headlines

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