Strathcona Resources (TSX:SCR) Capex-to-Operating-Income : 1.06 (As of Mar. 2024)

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What is Strathcona Resources 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.

Strathcona Resources's Capital Expenditure for the three months ended in Mar. 2024 was C$-286.10 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$269.40 Mil.

Hence, Strathcona Resources's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.06.

Strathcona Resources Capex-to-Operating-Income Historical Data

The historical data trend for Strathcona Resources'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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Strathcona Resources Capex-to-Operating-Income Chart

Strathcona Resources Annual Data

Trend

Dec22

Dec23

Capex-to-Operating-Income

0.51

1.05

Strathcona Resources Quarterly Data
	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Capex-to-Operating-Income	Get a 7-Day Free Trial			0.43	1.93	1.67	0.91	1.06

Competitive Comparison of Strathcona Resources's Capex-to-Operating-Income

For the Oil & Gas E&P subindustry, Strathcona Resources'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.

Strathcona Resources's Capex-to-Operating-Income Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Strathcona Resources's Capex-to-Operating-Income distribution charts can be found below:

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

Strathcona Resources Capex-to-Operating-Income Calculation

Strathcona Resources'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
	=	- (-1050.2)	/	1000.2
	=	1.05

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

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-286.1)	/	269.4
	=	1.06

Strathcona Resources (TSX:SCR) 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.

Strathcona Resources Capex-to-Operating-Income Related Terms

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Strathcona Resources (TSX:SCR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Strathcona Resources Ltd (TSX:SCR) » Definitions » Capex-to-Operating-Income

Comparable Companies

Traded in Other Exchanges

STHRF:USA YE2:Germany

Address

421 7th Avenue South west, 1900, Calgary, AB, CAN, T2P4K9

Website

https://www.strathconaresources.com

Strathcona Resources Ltd is an energy company, it is a consolidator and developer of oil and gas assets. The company focuses on thermal oil, enhanced oil recovery, and condensate-rich Montney.