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Flagship Communities REIT (TSX:MHC.U) Capex-to-Operating-Income : 0.44 (As of Dec. 2023)


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What is Flagship Communities REIT 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.

Flagship Communities REIT's Capital Expenditure for the three months ended in Dec. 2023 was $-5.39 Mil. Its Operating Income for the three months ended in Dec. 2023 was $12.19 Mil.

Hence, Flagship Communities REIT's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.44.


Flagship Communities REIT Capex-to-Operating-Income Historical Data

The historical data trend for Flagship Communities REIT'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.

Flagship Communities REIT Capex-to-Operating-Income Chart

Flagship Communities REIT Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial 0.03 - 0.38 0.57 0.60

Flagship Communities REIT Quarterly Data
Dec18 Jun19 Dec19 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 0.63 0.50 0.84 0.66 0.44

Competitive Comparison of Flagship Communities REIT's Capex-to-Operating-Income

For the REIT - Residential subindustry, Flagship Communities REIT'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.


Flagship Communities REIT's Capex-to-Operating-Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Flagship Communities REIT's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Flagship Communities REIT's Capex-to-Operating-Income falls into.



Flagship Communities REIT Capex-to-Operating-Income Calculation

Flagship Communities REIT'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
=- (-22.309) / 37.397
=0.60

Flagship Communities REIT's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-5.392) / 12.189
=0.44

* 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.


Flagship Communities REIT  (TSX:MHC.U) 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.


Flagship Communities REIT Capex-to-Operating-Income Related Terms

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Flagship Communities REIT (TSX:MHC.U) Business Description

Traded in Other Exchanges
Address
467 Erlanger Road, Erlanger, KY, USA, 41018
Flagship Communities REIT is an open-ended real estate investment trust. It is formed for the purpose of owning and operating a portfolio of income-producing manufactured housing communities and related assets. The objective of the trust is to provide unitholders with predictable, sustainable and growing cash distributions. The company owns, manages and operates multifamily properties located in the United States.

Flagship Communities REIT (TSX:MHC.U) Headlines

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