Algonquin Power & Utilities (TSX:AQN) Capex-to-Revenue : 0.50 (As of Dec. 2023)

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What is Algonquin Power & Utilities Capex-to-Revenue?

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

Algonquin Power & Utilities's Capital Expenditure for the three months ended in Dec. 2023 was C$-445.58 Mil. Its Revenue for the three months ended in Dec. 2023 was C$894.55 Mil.

Hence, Algonquin Power & Utilities's Capex-to-Revenue for the three months ended in Dec. 2023 was 0.50.

Algonquin Power & Utilities Capex-to-Revenue Historical Data

The historical data trend for Algonquin Power & Utilities'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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Algonquin Power & Utilities Capex-to-Revenue Chart

Algonquin Power & Utilities Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Revenue

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0.36

0.47

0.59

0.39

0.38

Algonquin Power & Utilities Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Capex-to-Revenue	Get a 7-Day Free Trial															0.26	0.22	0.39	0.45	0.50

Competitive Comparison of Algonquin Power & Utilities's Capex-to-Revenue

For the Utilities - Renewable subindustry, Algonquin Power & Utilities'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.

Algonquin Power & Utilities's Capex-to-Revenue Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Algonquin Power & Utilities's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where Algonquin Power & Utilities's Capex-to-Revenue falls into.

Algonquin Power & Utilities Capex-to-Revenue Calculation

Algonquin Power & Utilities's Capex-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-1376.711)	/	3619.657
	=	0.38

Algonquin Power & Utilities's Capex-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-445.578)	/	894.551
	=	0.50

Algonquin Power & Utilities (TSX:AQN) 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.

Algonquin Power & Utilities Capex-to-Revenue Related Terms

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Algonquin Power & Utilities (TSX:AQN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Independent Power Producers » Algonquin Power & Utilities Corp (TSX:AQN) » Definitions » Capex-to-Revenue

Comparable Companies

Traded in Other Exchanges

AQNU:USA AGQPF.PFD:USA AQN:USA 751:Germany AQN.PR.D.PFD:Canada AQN.PR.A.PFD:Canada

Address

354 Davis Road, Oakville, ON, CAN, L6J 2X1

Website

https://www.algonquinpower.com

Algonquin Power & Utilities Corp, a parent company of Liberty, is a diversified international generation, transmission, and distribution utility with over $16 billion of total assets. Through its two business groups, the Regulated Services Group and the Renewable Energy Group, AQN is committed to providing safe, secure, reliable, cost-effective, and sustainable energy and water solutions through its portfolio of electric generation, transmission, and distribution utility investments to over one million customer connections, largely in the United States and Canada. AQN provides renewable energy through its portfolio of long-term contracted wind, solar, and hydroelectric generating facilities.