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Daiwa Office Investment (TSE:8976) Capex-to-Operating-Income : 0.32 (As of Nov. 2023)


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What is Daiwa Office 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.

Daiwa Office Investment's Capital Expenditure for the six months ended in Nov. 2023 was 円-2,137.86 Mil. Its Operating Income for the six months ended in Nov. 2023 was 円6,747.98 Mil.

Hence, Daiwa Office Investment's Capex-to-Operating-Income for the six months ended in Nov. 2023 was 0.32.


Daiwa Office Investment Capex-to-Operating-Income Historical Data

The historical data trend for Daiwa Office 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.

Daiwa Office Investment Capex-to-Operating-Income Chart

Daiwa Office Investment Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.96 1.18 0.75 0.25 0.97

Daiwa Office Investment Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.37 1.52 0.35 0.25 0.32

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

For the REIT - Office subindustry, Daiwa Office 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.


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

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

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



Daiwa Office Investment Capex-to-Operating-Income Calculation

Daiwa Office Investment's Capex-to-Operating-Income for the fiscal year that ended in Nov. 2022 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-14483.429) / 14986.188
=0.97

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-2137.863) / 6747.977
=0.32

* 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.


Daiwa Office Investment  (TSE:8976) 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.


Daiwa Office Investment Capex-to-Operating-Income Related Terms

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Daiwa Office Investment (TSE:8976) Business Description

Traded in Other Exchanges
N/A
Address
6-2-1 Ginza, Chuo-ku, Tokyo, JPN
Daiwa Office Investment Corp is a real estate investment trust focused on acquiring, managing, and leasing office properties located in the Five Central Wards of Tokyo. The vast majority of the company's real estate portfolio is composed of office buildings fairly evenly distributed between Tokyo's Five Central Wards in terms of total value. Daiwa derives nearly all of its income in the form of rental revenue from leasing its properties. The firm has a varied tenant base from a number of industries, including the entertainment, retail, insurance, and food and beverage companies.

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