ADNOC Gas (ADX:ADNOCGAS) Capex-to-Operating-Income : 0.13 (As of Dec. 2023)

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What is ADNOC Gas 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.

ADNOC Gas's Capital Expenditure for the six months ended in Dec. 2023 was د.إ-2,413.30 Mil. Its Operating Income for the six months ended in Dec. 2023 was د.إ19,150.74 Mil.

Hence, ADNOC Gas's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.13.

ADNOC Gas Capex-to-Operating-Income Historical Data

The historical data trend for ADNOC Gas'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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ADNOC Gas Capex-to-Operating-Income Chart

ADNOC Gas Annual Data

Trend

Dec20

Dec21

Dec23

Capex-to-Operating-Income

0.17

0.13

ADNOC Gas Semi-Annual Data
	Dec20	Dec21	Dec23
Capex-to-Operating-Income	-	0.17	0.13

Competitive Comparison of ADNOC Gas's Capex-to-Operating-Income

For the Oil & Gas Integrated subindustry, ADNOC Gas'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.

ADNOC Gas's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, ADNOC Gas's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where ADNOC Gas's Capex-to-Operating-Income falls into.

ADNOC Gas Capex-to-Operating-Income Calculation

ADNOC Gas'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
	=	- (-2413.301)	/	19150.742
	=	0.13

ADNOC Gas's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-2413.301)	/	19150.742
	=	0.13

ADNOC Gas (ADX:ADNOCGAS) 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.

ADNOC Gas Capex-to-Operating-Income Related Terms

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ADNOC Gas (ADX:ADNOCGAS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ADNOC Gas PLC (ADX:ADNOCGAS) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

Corniche Road West, P.O. Box 898, Abu Dhabi, ARE

Website

https://www.adnoc.ae

ADNOC Gas PLC is an integrated gas processing company. It is responsible for operations, maintenance, and marketing across ADNOC's downstream gas processing, liquified natural gas (LNG), and industrial gases businesses.

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