Avante (Avante) Capex-to-Revenue : 0.02 (As of Dec. 2023)

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What is Avante Capex-to-Revenue?

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.

Avante's Capital Expenditure for the three months ended in Dec. 2023 was $-0.11 Mil. Its Revenue for the three months ended in Dec. 2023 was $5.17 Mil.

Hence, Avante's Capex-to-Revenue for the three months ended in Dec. 2023 was 0.02.

Avante Capex-to-Revenue Historical Data

The historical data trend for Avante's Capex-to-Revenue 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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Avante Capex-to-Revenue Chart

Avante Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Capex-to-Revenue

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0.05

0.01

0.05

Avante Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23
Capex-to-Revenue	Get a 7-Day Free Trial															0.06	0.13	-	0.01	0.02

Competitive Comparison of Avante's Capex-to-Revenue

For the Security & Protection Services subindustry, Avante's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue 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.

Avante's Capex-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Avante's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where Avante's Capex-to-Revenue falls into.

Avante Capex-to-Revenue Calculation

Avante's Capex-to-Revenue for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-0.698)	/	14.587
	=	0.05

Avante's Capex-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-0.105)	/	5.174
	=	0.02

Avante (OTCPK:ALXXF) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.

Avante Capex-to-Revenue Related Terms

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Avante (Avante) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Avante Corp (OTCPK:ALXXF) » Definitions » Capex-to-Revenue

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Traded in Other Exchanges

XX:Canada

Address

1959 Leslie Street, Toronto, ON, CAN, M3B 2M3

Website

https://www.avantelogixx.com

Avante Corp is engaged in the provision of security, monitoring, system integration, and technology solutions. Its operating segments are Avante security. Its products and services include residential and corporate security business: Avante control centre, monitoring, electronic building management, patrol and rapid response, intelligent perimeter protection, secure transport, international security travel advisory services, locksmith services, and smart home automation. It provides security services for residential and condominium customers in Toronto and Muskoka, Ontario through the use of technology and client service.