Deterra Royalties (ASX:DRR) Capex-to-Revenue : 0.00 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Deterra Royalties Capex-to-Revenue?

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue.

Deterra Royalties's Capital Expenditure for the six months ended in Dec. 2023 was A$-0.09 Mil. Its Revenue for the six months ended in Dec. 2023 was A$118.98 Mil.

Hence, Deterra Royalties's Capex-to-Revenue for the six months ended in Dec. 2023 was 0.00.

Deterra Royalties Capex-to-Revenue Historical Data

The historical data trend for Deterra Royalties's Capex-to-Revenue 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.

Deterra Royalties Capex-to-Revenue Chart

Deterra Royalties Annual Data

Trend

Jun21

Jun22

Jun23

Capex-to-Revenue

Deterra Royalties Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Capex-to-Revenue	Get a 7-Day Free Trial			-	-	-	-	-

Competitive Comparison of Deterra Royalties's Capex-to-Revenue

For the Other Industrial Metals & Mining subindustry, Deterra Royalties's Capex-to-Revenue, along with its competitors' market caps and Capex-to-Revenue 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.

Deterra Royalties's Capex-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Deterra Royalties's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where Deterra Royalties's Capex-to-Revenue falls into.

Deterra Royalties Capex-to-Revenue Calculation

Deterra Royalties's Capex-to-Revenue for the fiscal year that ended in Jun. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-0.089)	/	229.264
	=	0.00

Deterra Royalties's Capex-to-Revenue for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-0.089)	/	118.984
	=	0.00

Deterra Royalties (ASX:DRR) Capex-to-Revenue Explanation

Capex-to-Revenue measures a company's investments in physical assets such as property, industrial buildings or equipment to its revenue. The ratio shows how aggressively the company reinvests its revenue back into productive assets. However, a high ratio potentially indicates that the company has invested too much in innovation and infrastructure, taking up funds that could be used to boost productivity and increase revenue. Therefore, a high Capex to Revenue Ratio could be a positive or a negative sign depending on how effectively a company converts those investments into future earnings.

Deterra Royalties Capex-to-Revenue Related Terms

Thank you for viewing the detailed overview of Deterra Royalties's Capex-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Deterra Royalties (ASX:DRR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Deterra Royalties Ltd (ASX:DRR) » Definitions » Capex-to-Revenue

Comparable Companies

Traded in Other Exchanges

DETRF:USA

Address

140 St Georges Terrace, Level 16, Perth, WA, AUS, 6000

Website

https://www.iluka.com

Deterra Royalties was spun out from Iluka Resources in October 2020 with Iluka retaining a 20% interest. Its only material income generating asset is a royalty covering iron ore produced by BHP from the Mining Area C royalty area, located in the Pilbara region of Western Australia. The royalty area includes the North Flank mine, producing approximately 60 million metric tons of iron ore a year, and the South Flank mine, expected to add a further 85 million metric tons a year by 2024 after producing first ore in 2021. The MAC royalty area also covers most of the Tandanya and Mudlark deposits, which BHP intends to develop in the longer term as part of its plan to operate the MAC production hub for at least 50 years. Deterra's strategy is to grow into a diversified royalty company.