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Ascend Wellness Holdings (XCNQ:AAWH.U) Capex-to-Operating-Income : 3.97 (As of Mar. 2024)


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What is Ascend Wellness Holdings 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.

Ascend Wellness Holdings's Capital Expenditure for the three months ended in Mar. 2024 was $-10.18 Mil. Its Operating Income for the three months ended in Mar. 2024 was $2.56 Mil.

Hence, Ascend Wellness Holdings's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 3.97.


Ascend Wellness Holdings Capex-to-Operating-Income Historical Data

The historical data trend for Ascend Wellness Holdings'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.

Ascend Wellness Holdings Capex-to-Operating-Income Chart

Ascend Wellness Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Capex-to-Operating-Income
- 3.26 4.44 - -

Ascend Wellness Holdings Quarterly Data
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 - - 7.41 14.60 3.97

Competitive Comparison of Ascend Wellness Holdings's Capex-to-Operating-Income

For the Drug Manufacturers - Specialty & Generic subindustry, Ascend Wellness Holdings'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.


Ascend Wellness Holdings's Capex-to-Operating-Income Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Ascend Wellness Holdings's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Ascend Wellness Holdings's Capex-to-Operating-Income falls into.



Ascend Wellness Holdings Capex-to-Operating-Income Calculation

Ascend Wellness Holdings'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
=- (-40.191) / -3.845
=N/A

Ascend Wellness Holdings's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-10.181) / 2.564
=3.97

* 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.


Ascend Wellness Holdings  (XCNQ:AAWH.U) 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.


Ascend Wellness Holdings Capex-to-Operating-Income Related Terms

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Ascend Wellness Holdings (XCNQ:AAWH.U) Business Description

Traded in Other Exchanges
Address
1411 Broadway, 16th Floor, New York, NY, USA, 10018
Ascend Wellness Holdings Inc is a vertically integrated multi-state operator focused on adult-use or near-term adult-use cannabis states in limited license markets. The company's core business is the cultivation, manufacturing, and distribution of cannabis consumer packaged goods, which it sells through company-owned retail stores and third-party licensed cannabis retail stores. It generates maximum revenue from the retail product segment.

Ascend Wellness Holdings (XCNQ:AAWH.U) Headlines

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