Asante Gold (XCNQ:ASE) Capex-to-Revenue : 0.20 (As of Jan. 2024)

Asante Gold Capex-to-Revenue Chart

Asante Gold Annual Data
	Trend	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23	Jan24
Capex-to-Revenue		Get a 7-Day Free Trial					-	-	-	0.80	0.19

Asante Gold Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Capex-to-Revenue	Get a 7-Day Free Trial															1.07	0.21	0.17	0.18	0.20

Competitive Comparison of Asante Gold's Capex-to-Revenue

For the Gold subindustry, Asante Gold'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.

Asante Gold's Capex-to-Revenue Distribution in the Metals & Mining Industry

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

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

Asante Gold Capex-to-Revenue Calculation

Asante Gold's Capex-to-Revenue for the fiscal year that ended in Jan. 2024 is calculated as

Asante Gold's Capex-to-Revenue for the quarter that ended in Jan. 2024 is calculated as

* 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.

Asante Gold  (XCNQ:ASE) 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.

Asante Gold Capex-to-Revenue Related Terms

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

Asante Gold (XCNQ:ASE) Business Description