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True North Commercial REIT (TSX:TNT.UN) Capex-to-Operating-Income : 0.00 (As of Dec. 2023)


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What is True North Commercial 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.

True North Commercial REIT's Capital Expenditure for the three months ended in Dec. 2023 was C$0.00 Mil. Its Operating Income for the three months ended in Dec. 2023 was C$16.01 Mil.

Hence, True North Commercial REIT's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 0.00.


True North Commercial REIT Capex-to-Operating-Income Historical Data

The historical data trend for True North Commercial 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.

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True North Commercial REIT Capex-to-Operating-Income Chart

True North Commercial REIT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
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True North Commercial REIT Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of True North Commercial REIT's Capex-to-Operating-Income

For the REIT - Office subindustry, True North Commercial 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.


True North Commercial REIT's Capex-to-Operating-Income Distribution in the REITs Industry

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

* The bar in red indicates where True North Commercial REIT's Capex-to-Operating-Income falls into.



True North Commercial REIT Capex-to-Operating-Income Calculation

True North Commercial 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
=- (0) / 66.908
=0.00

True North Commercial 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
=- (0) / 16.013
=0.00

* 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.


True North Commercial REIT  (TSX:TNT.UN) 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.


True North Commercial REIT Capex-to-Operating-Income Related Terms

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True North Commercial REIT (TSX:TNT.UN) Business Description

Traded in Other Exchanges
Address
3280 Bloor Street West, Suite 1400, Centre Tower, Toronto, ON, CAN, M8X 2X3
True North Commercial REIT is a Canadian-based open-ended Real estate investment trust company. It owns and acquires commercial real estate in Canada. The objective is to maximize the total profit for shareholders. Returns include a stable, reliable, and tax-efficient monthly cash distribution as well as long-term appreciation in the value of its units through the effective management of a portfolio of commercial properties. It has properties in Alberta, British Columbia, New Brunswick, Nova Scotia, and Ontario.

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