Capex-to-Operating-Income measures a company's investments in physical assets such as property, industrial buildings or equipment to its operating income.
APA's Capital Expenditure for the
three
months ended in Dec. 2023 was $-575.00 Mil. Its Operating Income for the
three
months ended in Dec. 2023 was $929.00 Mil.
Hence, APA's Capex-to-Operating-Income for the
three
months ended in Dec. 2023 was 0.62.
APA Capex-to-Operating-Income Historical Data
The historical data trend for APA'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.
Competitive Comparison of APA's Capex-to-Operating-Income
For the Oil & Gas E&P subindustry, APA'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.
APA's Capex-to-Operating-Income Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, APA's Capex-to-Operating-Income distribution charts can be found below:
* The bar in red indicates where APA's Capex-to-Operating-Income falls into.
APA Capex-to-Operating-Income Calculation
APA's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 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.
APA (NAS:APA) 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.
APA Capex-to-Operating-Income Related Terms
Thank you for viewing the detailed overview of APA's Capex-to-Operating-Income provided by GuruFocus.com. Please click on the following links to see related term pages.
Based in Houston, APA is an independent exploration and production company. It operates primarily in the U.S., Egypt, the North Sea, and Suriname. At year-end 2022, proved reserves totaled 890 million barrels of oil equivalent, with net reported production of 400 thousand boe/day that year (64% of which was oil and natural gas liquids, with the remainder natural gas).
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
APA has been successfully added to your 