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Thermal Energy International (TSXV:TMG) Capex-to-Operating-Income : 0.16 (As of Feb. 2024)


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What is Thermal Energy International 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.

Thermal Energy International's Capital Expenditure for the three months ended in Feb. 2024 was C$-0.05 Mil. Its Operating Income for the three months ended in Feb. 2024 was C$0.30 Mil.

Hence, Thermal Energy International's Capex-to-Operating-Income for the three months ended in Feb. 2024 was 0.16.


Thermal Energy International Capex-to-Operating-Income Historical Data

The historical data trend for Thermal Energy International'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.

Thermal Energy International Capex-to-Operating-Income Chart

Thermal Energy International Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Capex-to-Operating-Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.22 0.37 - 0.07

Thermal Energy International Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.06 0.01 0.16 0.41 0.16

Competitive Comparison of Thermal Energy International's Capex-to-Operating-Income

For the Pollution & Treatment Controls subindustry, Thermal Energy International'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.


Thermal Energy International's Capex-to-Operating-Income Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Thermal Energy International's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Thermal Energy International's Capex-to-Operating-Income falls into.



Thermal Energy International Capex-to-Operating-Income Calculation

Thermal Energy International's Capex-to-Operating-Income for the fiscal year that ended in May. 2023 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.08) / 1.143
=0.07

Thermal Energy International's Capex-to-Operating-Income for the quarter that ended in Feb. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-0.048) / 0.295
=0.16

* 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.


Thermal Energy International  (TSXV:TMG) 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.


Thermal Energy International Capex-to-Operating-Income Related Terms

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Thermal Energy International (TSXV:TMG) Business Description

Traded in Other Exchanges
Address
36 Antares Drive, Suite 850, Ottawa, ON, CAN, K2E 7W5
Thermal Energy International Inc is a supplier of proprietary, energy efficiency and emissions reduction solutions to the industrial and institutional sectors. It markets, sells, engineers, fabricates, constructs, installs and supports technology lines - heat recovery solutions and condensate return system solutions. The product portfolio consists of GEM steam traps, FLU-ACE - direct contact condensing heat recovery, and Dry Rex - low-temperature biomass drying systems. The operating segment includes geographical areas that reflect the core business which has units located in Ottawa, Canada and Bristol, UK. The firm derives revenue from Canada, the UK, Germany, France, Poland, India, etc and the rest of the world. Substantial sales revenue comes from the USA.
Executives
William Crossland Director, Senior Officer

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