Rite Zone Chemcon India (NSE:RITEZONE) Capex-to-Operating-Income : 0.23 (As of Sep. 2023)

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What is Rite Zone Chemcon India 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.

Rite Zone Chemcon India's Capital Expenditure for the six months ended in Sep. 2023 was ₹-1.33 Mil. Its Operating Income for the six months ended in Sep. 2023 was ₹5.71 Mil.

Hence, Rite Zone Chemcon India's Capex-to-Operating-Income for the six months ended in Sep. 2023 was 0.23.

Rite Zone Chemcon India Capex-to-Operating-Income Historical Data

The historical data trend for Rite Zone Chemcon India'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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Rite Zone Chemcon India Capex-to-Operating-Income Chart

Rite Zone Chemcon India Annual Data

Trend

Mar20

Mar21

Mar22

Mar23

Capex-to-Operating-Income

11.39

0.03

Rite Zone Chemcon India Semi-Annual Data
	Mar20	Mar21	Mar22	Sep22	Mar23	Sep23
Capex-to-Operating-Income	Get a 7-Day Free Trial			-	-	0.02	0.04	0.23

Competitive Comparison of Rite Zone Chemcon India's Capex-to-Operating-Income

For the Specialty Chemicals subindustry, Rite Zone Chemcon India'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.

Rite Zone Chemcon India's Capex-to-Operating-Income Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Rite Zone Chemcon India's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Rite Zone Chemcon India's Capex-to-Operating-Income falls into.

Rite Zone Chemcon India Capex-to-Operating-Income Calculation

Rite Zone Chemcon India's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-0.447)	/	14.123
	=	0.03

Rite Zone Chemcon India's Capex-to-Operating-Income for the quarter that ended in Sep. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-1.327)	/	5.705
	=	0.23

Rite Zone Chemcon India (NSE:RITEZONE) 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.

Rite Zone Chemcon India Capex-to-Operating-Income Related Terms

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Rite Zone Chemcon India (NSE:RITEZONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Rite Zone Chemcon India Ltd (NSE:RITEZONE) » Definitions » Capex-to-Operating-Income

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Traded in Other Exchanges

N/A

Address

Row House 11, Beverly Park, Row House co-operative housing society Ltd, Mira Road, Thane, MH, IND, 401107

Website

http://www.ritezone.in

Rite Zone Chemcon India Ltd deals in a range of construction chemicals and concrete products. The company offers complete construction solutions by supplying a complete range of various chemical products related to civil construction, infrastructure, building and structure including pre-construction or post construction as well as supplying all types of concrete required for construction and infrastructure developments.

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