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Shin Steel Co (XKRX:162300) Capex-to-Operating-Income : 1.18 (As of Mar. 2024)


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What is Shin Steel Co 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.

Shin Steel Co's Capital Expenditure for the three months ended in Mar. 2024 was ₩-3,890.54 Mil. Its Operating Income for the three months ended in Mar. 2024 was ₩3,303.56 Mil.

Hence, Shin Steel Co's Capex-to-Operating-Income for the three months ended in Mar. 2024 was 1.18.


Shin Steel Co Capex-to-Operating-Income Historical Data

The historical data trend for Shin Steel Co'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.

Shin Steel Co Capex-to-Operating-Income Chart

Shin Steel Co Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Capex-to-Operating-Income
Get a 7-Day Free Trial 2.25 0.53 0.27 0.10 0.12

Shin Steel Co Quarterly Data
Jun21 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 0.01 1.22 0.23 - 1.18

Competitive Comparison of Shin Steel Co's Capex-to-Operating-Income

For the Steel subindustry, Shin Steel Co'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.


Shin Steel Co's Capex-to-Operating-Income Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Shin Steel Co's Capex-to-Operating-Income distribution charts can be found below:

* The bar in red indicates where Shin Steel Co's Capex-to-Operating-Income falls into.



Shin Steel Co Capex-to-Operating-Income Calculation

Shin Steel Co's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-1843.108) / 15869.286
=0.12

Shin Steel Co's Capex-to-Operating-Income for the quarter that ended in Mar. 2024 is calculated as

Capex-to-Operating-Income=- Capital Expenditure / Operating Income
=- (-3890.542) / 3303.555
=1.18

* 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.


Shin Steel Co  (XKRX:162300) 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.


Shin Steel Co Capex-to-Operating-Income Related Terms

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Shin Steel Co (XKRX:162300) Business Description

Traded in Other Exchanges
N/A
Address
174, Mieumsandan 4-ro, Gangseo-gu, Busan, KOR
Shin Steel Co Ltd is a steel distribution company that supplies various types of products such as Cold Rolled Steel, Galvanized Steel, Alu-Zinc Steel, Pre-Painted Steel, Stainless Steel, and Tin Plate Steel.

Shin Steel Co (XKRX:162300) Headlines

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