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Allied Gold (TSX:AAUC) Capex-to-Operating-Income : 0.84 (As of Mar. 2024)


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What is Allied Gold 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.

Allied Gold's Capital Expenditure for the three months ended in Mar. 2024 was C$-26.69 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$31.75 Mil.

Hence, Allied Gold's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 0.84.

Allied Gold Capex-to-Operating-Income Historical Data

The historical data trend for Allied Gold'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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Allied Gold Capex-to-Operating-Income Chart

Allied Gold Annual Data
Trend Dec22 Dec23
Capex-to-Operating-Income
0.97 1.66

Allied Gold Quarterly Data
Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Capex-to-Operating-Income Get a 7-Day Free Trial 18.78 1.59 1.07 5.68 0.84

Competitive Comparison of Allied Gold's Capex-to-Operating-Income

For the Gold subindustry, Allied Gold'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.

Allied Gold's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Allied Gold's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Allied Gold's Capex-to-Operating-Income falls into.


Allied Gold Capex-to-Operating-Income Calculation

Allied Gold'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
=- (-94.969) / 57.247
=1.66

Allied Gold's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-26.692) / 31.753
=0.84

* 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.

Allied Gold  (TSX:AAUC) 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.

Allied Gold Capex-to-Operating-Income Related Terms

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Allied Gold (TSX:AAUC) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Allied Gold Corp (TSX:AAUC) » Definitions » Capex-to-Operating-Income
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Traded in Other Exchanges
AAUCF:USA
Address
40 Temperance Street, Suite 3200, Bay Adelaide Centre - North Tower, Pacific Centre, Toronto, ON, CAN, M5H 0B4
Website
Allied Gold Corp is a company focused on gold mining asset transformation in Africa. Allied has three mines and several development and exploration projects in Africa where it has significant operating experience. Operations are located in Cote d'Ivoire, Mali, Ethiopia and Egypt. The company aspires to become a mid-tier next-generation gold producer in Africa.
Executives
Gerardo Fernandez-tobar Senior Officer

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