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Altima Resources (Altima Resources) Capex-to-Revenue : 0.02 (As of Nov. 2023)


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What is Altima Resources Capex-to-Revenue?

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

Altima Resources's Capital Expenditure for the three months ended in Nov. 2023 was $-0.02 Mil. Its Revenue for the three months ended in Nov. 2023 was $0.67 Mil.

Hence, Altima Resources's Capex-to-Revenue for the three months ended in Nov. 2023 was 0.02.


Altima Resources Capex-to-Revenue Historical Data

The historical data trend for Altima Resources'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.

* Premium members only.

Altima Resources Capex-to-Revenue Chart

Altima Resources Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Feb22 Feb23
Capex-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.07

Altima Resources Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Capex-to-Revenue 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 - 0.24 0.57 - 0.02

Competitive Comparison of Altima Resources's Capex-to-Revenue

For the Oil & Gas E&P subindustry, Altima Resources'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.


Altima Resources's Capex-to-Revenue Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Altima Resources's Capex-to-Revenue distribution charts can be found below:

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



Altima Resources Capex-to-Revenue Calculation

Altima Resources's Capex-to-Revenue for the fiscal year that ended in Feb. 2023 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-0.078) / 1.102
=0.07

Altima Resources's Capex-to-Revenue for the quarter that ended in Nov. 2023 is calculated as

Capex-to-Revenue=- Capital Expenditure / Revenue
=- (-0.015) / 0.671
=0.02

* 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.


Altima Resources  (OTCPK:ARSLF) 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.


Altima Resources Capex-to-Revenue Related Terms

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Altima Resources (Altima Resources) Business Description

Traded in Other Exchanges
Address
595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Altima Resources Ltd is a junior energy company engaged in the exploration and development of petroleum and natural gas in Canada. The company operates in the petroleum and natural gas industry.

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