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Ero Copper (TSX:ERO) Capex-to-Operating-Income : 8.64 (As of Mar. 2024)


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What is Ero Copper 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.

Ero Copper's Capital Expenditure for the three months ended in Mar. 2024 was C$-145.91 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$16.90 Mil.

Hence, Ero Copper's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 8.64.


Ero Copper Capex-to-Operating-Income Historical Data

The historical data trend for Ero Copper'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.

Ero Copper Capex-to-Operating-Income Chart

Ero Copper Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial 1.10 0.74 0.67 2.32 4.98

Ero Copper 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 3.89 6.29 - - 8.64

Competitive Comparison of Ero Copper's Capex-to-Operating-Income

For the Copper subindustry, Ero Copper'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.


Ero Copper's Capex-to-Operating-Income Distribution in the Metals & Mining Industry

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

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



Ero Copper Capex-to-Operating-Income Calculation

Ero Copper'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
=- (-618.007) / 124.091
=4.98

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-145.905) / 16.897
=8.63

* 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.


Ero Copper  (TSX:ERO) 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.


Ero Copper Capex-to-Operating-Income Related Terms

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Ero Copper (TSX:ERO) Business Description

Traded in Other Exchanges
Address
625 Howe Street, Suite 1050, Vancouver, BC, CAN, V6C 2T6
Ero Copper Corp is a base metals mining company. It is focused on the production and sale of copper from the Vale do Curaca Property in Brazil, with gold and silver produced and sold as by-products from the same. Ero's operations are segmented between MCSA, NX Gold, and corporate. Ore is processed using conventional crushing and flotation at the Caraiba Mill, located adjacent to the Pilar underground mine. It holds an interest in MCSA Mining Complex, Boa Esperanca property, and NX Gold Property.
Executives
Lyle Braaten Director