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Cool Co (Cool Co) Capex-to-Operating-Income : 0.57 (As of Mar. 2024)


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What is Cool Co 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.

Cool Co's Capital Expenditure for the three months ended in Mar. 2024 was $-25.00 Mil. Its Operating Income for the three months ended in Mar. 2024 was $44.10 Mil.

Hence, Cool Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.57.


Cool Co Capex-to-Operating-Income Historical Data

The historical data trend for Cool Co'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.

Cool Co Capex-to-Operating-Income Chart

Cool Co Annual Data
Trend Dec21 Dec22 Dec23
Capex-to-Operating-Income
- - 0.98

Cool Co Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Capex-to-Operating-Income Get a 7-Day Free Trial Premium Member Only 0.02 0.01 3.05 0.87 0.57

Competitive Comparison of Cool Co's Capex-to-Operating-Income

For the Oil & Gas Midstream subindustry, Cool Co'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.


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

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

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



Cool Co Capex-to-Operating-Income Calculation

Cool Co'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
=- (-196.432) / 200.893
=0.98

Cool Co's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-25.003) / 44.097
=0.57

* 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.


Cool Co  (NYSE:CLCO) 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.


Cool Co Capex-to-Operating-Income Related Terms

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Cool Co (Cool Co) Business Description

Industry
Traded in Other Exchanges
Address
9 Par-La-Ville Road, 2nd Floor, S.E. Pearman Building, Hamilton, BMU, HM 11
Cool Co Ltd is a LNG shipping company. The company operates and manages the fuel-efficient LNGCs providing critical supply chain support to the international energy industry and flexible LNG transportation solutions, providing a lesser-emitting form of energy to help enable decarbonization efforts. Geographical presence of the company is in Singapore, Europe, Asia, Dutch, Japan and other International LNG trader.