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Ichigo Office REIT Investment (TSE:8975) Capex-to-Operating-Income : 0.68 (As of Oct. 2023)


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What is Ichigo Office REIT Investment 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.

Ichigo Office REIT Investment's Capital Expenditure for the six months ended in Oct. 2023 was 円-2,663.46 Mil. Its Operating Income for the six months ended in Oct. 2023 was 円3,914.74 Mil.

Hence, Ichigo Office REIT Investment's Capex-to-Operating-Income for the six months ended in Oct. 2023 was 0.68.


Ichigo Office REIT Investment Capex-to-Operating-Income Historical Data

The historical data trend for Ichigo Office REIT Investment'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.

Ichigo Office REIT Investment Capex-to-Operating-Income Chart

Ichigo Office REIT Investment Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.60 0.32 0.66 0.64 1.03

Ichigo Office REIT Investment Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.17 0.16 1.21 1.23 0.68

Competitive Comparison of Ichigo Office REIT Investment's Capex-to-Operating-Income

For the REIT - Office subindustry, Ichigo Office REIT Investment'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.


Ichigo Office REIT Investment's Capex-to-Operating-Income Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Ichigo Office REIT Investment's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Ichigo Office REIT Investment's Capex-to-Operating-Income falls into.



Ichigo Office REIT Investment Capex-to-Operating-Income Calculation

Ichigo Office REIT Investment's Capex-to-Operating-Income for the fiscal year that ended in Oct. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-11478.742) / 11104.31
=1.03

Ichigo Office REIT Investment's Capex-to-Operating-Income for the quarter that ended in Oct. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-2663.462) / 3914.741
=0.68

* 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.


Ichigo Office REIT Investment  (TSE:8975) 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.


Ichigo Office REIT Investment Capex-to-Operating-Income Related Terms

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Ichigo Office REIT Investment (TSE:8975) Business Description

Traded in Other Exchanges
N/A
Address
1-1-1 Uchisaiwai-cho, Chiyoda-ku, Tokyo, JPN, 100-0011
Ichigo Office REIT Investment Corp is investment company operating in Japan. Its investment strategy is focused on mid-size offices which offer return stability and upside potential. The company seeks to drive higher earnings and sustainable growth for its shareholders by increasing the value of its assets through a wide array of value-add activities, including tailored tenant services, structural building improvements, and targeted tenant leasing. It provides stable cash flows, supporting stable dividends and upside for shareholders through rental income earned in mid-size offices.

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