Cameco (Cameco) Capex-to-Operating-Income : 2.28 (As of Dec. 2023)

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What is Cameco 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.

Cameco's Capital Expenditure for the three months ended in Dec. 2023 was $-32.49 Mil. Its Operating Income for the three months ended in Dec. 2023 was $14.28 Mil.

Hence, Cameco's Capex-to-Operating-Income for the three months ended in Dec. 2023 was 2.28.

Cameco Capex-to-Operating-Income Historical Data

The historical data trend for Cameco'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.

Cameco Capex-to-Operating-Income Chart

Cameco Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Capex-to-Operating-Income

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0.80

9.22

0.54

Cameco Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Capex-to-Operating-Income	Get a 7-Day Free Trial															-	0.28	1.13	0.32	2.28

Competitive Comparison of Cameco's Capex-to-Operating-Income

For the Uranium subindustry, Cameco'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.

Cameco's Capex-to-Operating-Income Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Cameco's Capex-to-Operating-Income distribution charts can be found below:

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

Cameco Capex-to-Operating-Income Calculation

Cameco's Capex-to-Operating-Income for the fiscal year that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-114.513)	/	212.469
	=	0.54

Cameco's Capex-to-Operating-Income for the quarter that ended in Dec. 2023 is calculated as

Capex-to-Operating-Income	=	- Capital Expenditure	/	Operating Income
	=	- (-32.494)	/	14.284
	=	2.27

Cameco (NYSE:CCJ) 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.

Cameco Capex-to-Operating-Income Related Terms

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Cameco (Cameco) Business Description

Industry

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Comparable Companies

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CJ6:Germany CJ6:Germany CCO:Canada

Address

2121 - 11th Street West, Saskatoon, SK, CAN, S7M 1J3

Website

https://www.cameco.com

Cameco Corp is one of the world's largest uranium producers. When operating at normal production, the flagship McArthur River mine in Saskatchewan accounts for roughly 50% of output in normal market conditions. Amid years of uranium price weakness, the company has reduced production, instead purchasing from the spot market to meet contracted deliveries. In the long term, Cameco has the ability increase annual uranium production by restarting shut mines and investing in new ones. In addition to its large uranium mining business, Cameco operates uranium conversion and fabrication facilities.