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Mount Gibson Iron (ASX:MGX) Capex-to-Operating-Income : 0.25 (As of Dec. 2023)


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What is Mount Gibson Iron 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.

Mount Gibson Iron's Capital Expenditure for the six months ended in Dec. 2023 was A$-25.91 Mil. Its Operating Income for the six months ended in Dec. 2023 was A$102.64 Mil.

Hence, Mount Gibson Iron's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.25.


Mount Gibson Iron Capex-to-Operating-Income Historical Data

The historical data trend for Mount Gibson Iron'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.

* Premium members only.

Mount Gibson Iron Capex-to-Operating-Income Chart

Mount Gibson Iron Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.15 0.81 3.05 - 0.76

Mount Gibson Iron Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Capex-to-Operating-Income 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 - 1.51 - 0.28 0.25

Competitive Comparison of Mount Gibson Iron's Capex-to-Operating-Income

For the Steel subindustry, Mount Gibson Iron'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.


Mount Gibson Iron's Capex-to-Operating-Income Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Mount Gibson Iron's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Mount Gibson Iron's Capex-to-Operating-Income falls into.



Mount Gibson Iron Capex-to-Operating-Income Calculation

Mount Gibson Iron's Capex-to-Operating-Income for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-74.032) / 97.043
=0.76

Mount Gibson Iron's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-25.913) / 102.642
=0.25

* 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.


Mount Gibson Iron  (ASX:MGX) 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.


Mount Gibson Iron Capex-to-Operating-Income Related Terms

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Mount Gibson Iron (ASX:MGX) Business Description

Traded in Other Exchanges
Address
2 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
Mount Gibson Iron Ltd is a Western Australia-based iron ore mining company. The activities of the company involve mining, processing and direct shipment of hematite iron ore at the Koolan Island mine site in the Kimberley region of Western Australia; care and maintenance of the Shine hematite iron ore site and related infrastructure, rehabilitation works at the Extension Hill mine site and management of the Geraldton Port facilities in the Mid-West region of Western Australia; treasury management; and the pursuit of mineral resources acquisitions and investments. The company operates into two segments: Mid-West segment and Koolan Island segment. The company derives the majority of its revenue from Koolan Island.

Mount Gibson Iron (ASX:MGX) Headlines