ELMO Rent AS (OTSE:ELMO) Capex-to-Revenue : 0.59 (As of Jun. 2023)

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What is ELMO Rent AS Capex-to-Revenue?

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

ELMO Rent AS's Capital Expenditure for the six months ended in Jun. 2023 was €-0.23 Mil. Its Revenue for the six months ended in Jun. 2023 was €0.40 Mil.

Hence, ELMO Rent AS's Capex-to-Revenue for the six months ended in Jun. 2023 was 0.59.

ELMO Rent AS Capex-to-Revenue Historical Data

The historical data trend for ELMO Rent AS'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.

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ELMO Rent AS Capex-to-Revenue Chart

ELMO Rent AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Capex-to-Revenue

0.24

0.69

0.80

ELMO Rent AS Semi-Annual Data
	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Capex-to-Revenue	Get a 7-Day Free Trial			1.21	0.56	0.40	1.13	0.59

Competitive Comparison of ELMO Rent AS's Capex-to-Revenue

For the Rental & Leasing Services subindustry, ELMO Rent AS'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.

ELMO Rent AS's Capex-to-Revenue Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, ELMO Rent AS's Capex-to-Revenue distribution charts can be found below:

* The bar in red indicates where ELMO Rent AS's Capex-to-Revenue falls into.

ELMO Rent AS Capex-to-Revenue Calculation

ELMO Rent AS's Capex-to-Revenue for the fiscal year that ended in Dec. 2022 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-1.263)	/	1.58
	=	0.80

ELMO Rent AS's Capex-to-Revenue for the quarter that ended in Jun. 2023 is calculated as

Capex-to-Revenue	=	- Capital Expenditure	/	Revenue
	=	- (-0.234)	/	0.395
	=	0.59

ELMO Rent AS (OTSE:ELMO) 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.

ELMO Rent AS Capex-to-Revenue Related Terms

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ELMO Rent AS (OTSE:ELMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » ELMO Rent AS (OTSE:ELMO) » Definitions » Capex-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

Kivi 12, Laane-Harju, Paldiski, EST, 76805

Website

https://www.elmorent.ee

ELMO Rent AS is engaged in the provision of green vehicle-sharing services and the development, launching, and scaling of related green and innovative technologies, such as a vehicle fleet IT operation system, an automatic controller, and a remotely controlled vehicle.

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