The a2 Milk Company Ltd (A2M) — Capital Reinvestment Ratio
The a2 Milk Company Ltd (A2M) has a Capital Reinvestment Ratio of 0.10x as of December 2025, meaning it reinvests 0% of its operating cash flow (AU$95.20 Million) in capital expenditures (AU$9.09 Million). See net asset quality index of The a2 Milk Company Ltd to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
The a2 Milk Company Ltd Capital Reinvestment Ratio (2011–2025)
This chart tracks The a2 Milk Company Ltd's Capital Reinvestment Ratio across 14 annual periods. Check total reinvestment intensity of The a2 Milk Company Ltd to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for The a2 Milk Company Ltd (2011–2025)
Year-by-year Capital Reinvestment Ratio for The a2 Milk Company Ltd from 2011 to 2025. For live market cap and broader valuation context, see A2M company net worth.
| Year | Reinvestment Ratio | Operating CF (AUD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.02x | AU$201.48 Million | AU$3.97 Million | ▼ -70.4% |
| 2024 | 0.07x | AU$255.74 Million | AU$17.02 Million | ▼ -28.8% |
| 2023 | 0.09x | AU$111.28 Million | AU$10.41 Million | ▲ +156.1% |
| 2022 | 0.04x | AU$141.55 Million | AU$5.17 Million | ▼ -55.3% |
| 2021 | 0.08x | AU$89.42 Million | AU$7.31 Million | ▲ +383.9% |
| 2020 | 0.02x | AU$427.41 Million | AU$7.22 Million | ▲ +45.3% |
| 2019 | 0.01x | AU$289.07 Million | AU$3.36 Million | ▼ -44.5% |
| 2018 | 0.02x | AU$231.11 Million | AU$4.85 Million | ▼ -15.2% |
| 2017 | 0.02x | AU$99.94 Million | AU$2.47 Million | ▼ -74.2% |
| 2016 | 0.10x | AU$21.47 Million | AU$2.05 Million | ▼ -98.6% |
| 2014 | 6.70x | AU$435.00K | AU$2.91 Million | ▲ +636.5% |
| 2013 | 0.91x | AU$3.65 Million | AU$3.32 Million | ▼ -99.2% |
| 2012 | 115.13x | AU$88.00K | AU$10.13 Million | ▲ +7871.5% |
| 2011 | 1.44x | AU$1.44 Million | AU$2.08 Million | — |