2 Cheap Cars Group (NZSE:2CC) Capex-to-Operating-Income : 0.33 (As of Mar. 2024)

View and export this data going back to 2021. Start your Free Trial

What is 2 Cheap Cars Group 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.

2 Cheap Cars Group's Capital Expenditure for the six months ended in Mar. 2024 was NZ$-0.59 Mil. Its Operating Income for the six months ended in Mar. 2024 was NZ$1.82 Mil.

Hence, 2 Cheap Cars Group's Capex-to-Operating-Income for the six months ended in Mar. 2024 was 0.33.

2 Cheap Cars Group Capex-to-Operating-Income Historical Data

The historical data trend for 2 Cheap Cars Group'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.

2 Cheap Cars Group Capex-to-Operating-Income Chart

2 Cheap Cars Group Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Capex-to-Operating-Income

0.08

1.13

0.12

2 Cheap Cars Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Capex-to-Operating-Income	Get a 7-Day Free Trial			-	0.17	-	0.05	0.33

Competitive Comparison of 2 Cheap Cars Group's Capex-to-Operating-Income

For the Auto & Truck Dealerships subindustry, 2 Cheap Cars Group'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.

2 Cheap Cars Group's Capex-to-Operating-Income Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where 2 Cheap Cars Group's Capex-to-Operating-Income falls into.

2 Cheap Cars Group Capex-to-Operating-Income Calculation

2 Cheap Cars Group's Capex-to-Operating-Income for the fiscal year that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-0.812)	/	6.596
	=	0.12

2 Cheap Cars Group's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-0.593)	/	1.819
	=	0.33

2 Cheap Cars Group (NZSE:2CC) 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.

2 Cheap Cars Group Capex-to-Operating-Income Related Terms

Thank you for viewing the detailed overview of 2 Cheap Cars Group's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.

2 Cheap Cars Group (NZSE:2CC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » 2 Cheap Cars Group Ltd (NZSE:2CC) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

N/A

Address

102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061

Website

https://www.2cheapcars.co.nz

2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.

2 Cheap Cars Group (NZSE:2CC) Headlines

No Headlines