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Athabasca Oil (TSX:ATH) Capex-to-Operating-Income : 0.39 (As of Dec. 2023)


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What is Athabasca Oil 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.

Athabasca Oil's Capital Expenditure for the three months ended in Dec. 2023 was C$-38.75 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$98.87 Mil.

Hence, Athabasca Oil's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.39.


Athabasca Oil Capex-to-Operating-Income Historical Data

The historical data trend for Athabasca Oil'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.

Athabasca Oil Capex-to-Operating-Income Chart

Athabasca Oil 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 1.89 - 0.30 0.42 0.64

Athabasca Oil 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 0.14 - 0.55 0.39 0.39

Competitive Comparison of Athabasca Oil's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, Athabasca Oil'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.


Athabasca Oil's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Athabasca Oil's Capex-to-Operating-Income distribution charts can be found below:

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



Athabasca Oil Capex-to-Operating-Income Calculation

Athabasca Oil'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
=- (-139.832) / 219.838
=0.64

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-38.752) / 98.87
=0.39

* 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.


Athabasca Oil  (TSX:ATH) 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.


Athabasca Oil Capex-to-Operating-Income Related Terms

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Athabasca Oil (TSX:ATH) Business Description

Industry
Traded in Other Exchanges
Address
215 - 9th Avenue SW, Suite 1200, Calgary, AB, CAN, T2P 1K3
Athabasca Oil Corp is an energy company. It is focused on the exploration, development, and production of light oil and liquids-rich natural gas. The company organizes its business under two operational segments, Light Oil and Thermal Oil. It generates maximum revenue from the Thermal Oil segment. Thermal Oil includes the exploration, development, and production of bitumen from sand and carbonate rock formations located in the Athabasca region of Northern Alberta.