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Tecan Group AG (FRA:TEN) Capex-to-Operating-Income : 0.22 (As of Dec. 2023)


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What is Tecan Group AG 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.

Tecan Group AG's Capital Expenditure for the six months ended in Dec. 2023 was €-17.27 Mil. Its Operating Income for the six months ended in Dec. 2023 was €77.29 Mil.

Hence, Tecan Group AG's Capex-to-Operating-Income for the six months ended in Dec. 2023 was 0.22.


Tecan Group AG Capex-to-Operating-Income Historical Data

The historical data trend for Tecan Group AG'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.

Tecan Group AG Capex-to-Operating-Income Chart

Tecan Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.27 0.34 0.28 0.25 0.26

Tecan Group AG 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 0.53 0.20 0.30 0.30 0.22

Competitive Comparison of Tecan Group AG's Capex-to-Operating-Income

For the Medical Instruments & Supplies subindustry, Tecan Group AG'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.


Tecan Group AG's Capex-to-Operating-Income Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Tecan Group AG's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Tecan Group AG's Capex-to-Operating-Income falls into.



Tecan Group AG Capex-to-Operating-Income Calculation

Tecan Group AG'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
=- (-37.052) / 144.174
=0.26

Tecan Group AG's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-17.274) / 77.292
=0.22

* 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.


Tecan Group AG  (FRA:TEN) 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.


Tecan Group AG Capex-to-Operating-Income Related Terms

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Tecan Group AG (FRA:TEN) Business Description

Traded in Other Exchanges
Address
Seestrasse 103, Mannedorf, CHE, 8708
Tecan Group AG sells automated laboratory instruments and solutions for the diagnostics and life science research markets. The firm operates in two segments; Life Sciences Business (end-customer business) segment supplies end users with automated workflow solutions directly. These solutions include laboratory instruments, software packages, application know-how, services, consumables, and spare parts, and Partnering Business (OEM business) segment develops and manufactures OEM instruments and components that are distributed by partner companies under their own names. A majority proportion of Tecan's revenue is generated in the Americas and Europe.