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Redishred Capital (TSXV:KUT) Capex-to-Operating-Income : 2.01 (As of Mar. 2024)


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What is Redishred Capital 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.

Redishred Capital's Capital Expenditure for the three months ended in Mar. 2024 was C$-2.20 Mil. Its Operating Income for the three months ended in Mar. 2024 was C$1.10 Mil.

Hence, Redishred Capital's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 2.01.


Redishred Capital Capex-to-Operating-Income Historical Data

The historical data trend for Redishred Capital'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.

Redishred Capital Capex-to-Operating-Income Chart

Redishred Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 1.26 1.65 0.94 1.63

Redishred Capital 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 0.66 1.81 2.79 12.63 2.01

Competitive Comparison of Redishred Capital's Capex-to-Operating-Income

For the Specialty Business Services subindustry, Redishred Capital'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.


Redishred Capital's Capex-to-Operating-Income Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Redishred Capital's Capex-to-Operating-Income distribution charts can be found below:

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



Redishred Capital Capex-to-Operating-Income Calculation

Redishred Capital'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
=- (-6.205) / 3.802
=1.63

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

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-2.204) / 1.098
=2.01

* 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.


Redishred Capital  (TSXV:KUT) 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.


Redishred Capital Capex-to-Operating-Income Related Terms

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Redishred Capital (TSXV:KUT) Business Description

Traded in Other Exchanges
Address
2233 Argentia Road, Suite 202, Mississauga, ON, CAN, L5N 2X7
Redishred Capital Corp is a company that manages and operates the Proshred brand and business platform in the United States and internationally. It operates the Proshred system under two business models, via franchising in the United States, and via direct ownership of shredding trucks and facilities in eight locations in the United States. The operating segments of the company are (1) the granting and managing of shredding business franchises under the "Proshred" trademark (Franchising and licensing), (2) the operation of the corporately owned shredding business (Corporate locations) and (3) supporting the franchises and corporately owned shredding businesses (Corporate).
Executives
Robert Michael Crozier Director

Redishred Capital (TSXV:KUT) Headlines

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