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Millennium Global Holdings (PHS:MG) Capex-to-Operating-Income : 4.98 (As of Mar. 2024)


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What is Millennium Global Holdings 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.

Millennium Global Holdings's Capital Expenditure for the three months ended in Mar. 2024 was ₱-28.44 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₱5.71 Mil.

Hence, Millennium Global Holdings's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 4.98.


Millennium Global Holdings Capex-to-Operating-Income Historical Data

The historical data trend for Millennium Global Holdings'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.

Millennium Global Holdings Capex-to-Operating-Income Chart

Millennium Global Holdings 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 0.98 3.76 5.35 3.23 1.44

Millennium Global Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.02 0.04 0.31 - 4.98

Competitive Comparison of Millennium Global Holdings's Capex-to-Operating-Income

For the Packaged Foods subindustry, Millennium Global Holdings'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.


Millennium Global Holdings's Capex-to-Operating-Income Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Millennium Global Holdings's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Millennium Global Holdings's Capex-to-Operating-Income falls into.



Millennium Global Holdings Capex-to-Operating-Income Calculation

Millennium Global Holdings'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
=- (-28.715) / 19.999
=1.44

Millennium Global Holdings's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-28.438) / 5.706
=4.98

* 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.


Millennium Global Holdings  (PHS:MG) 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.


Millennium Global Holdings Capex-to-Operating-Income Related Terms

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Millennium Global Holdings (PHS:MG) Business Description

Traded in Other Exchanges
N/A
Address
Lot 9 Block 2, John Street, Multinational Village, Paranaque, PHL, 1701
Millennium Global Holdings Inc is engaged in the seafood business. The company is engaged in the processing of high quality seafood and aquaculture products for export and trading of imported marine and other related products. Its business activity is the processing and export of several quality and high valued seafood products such as Black Tiger Shrimps, Kisu (asohos) fillet, frozen lobsters, among others. It derives its revenue primarily from the export sale of aquatic and marine products.