SOUTH32 Ltd (S32) — Capital Reinvestment Ratio
Latest as of December 2025:
0.92x
SOUTH32 Ltd (S32) has a Capital Reinvestment Ratio of 0.92x as of December 2025, meaning it reinvests 1% of its operating cash flow (AU$550.94 Million) in capital expenditures (AU$507.15 Million). See SOUTH32 Ltd free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.92x
Capex / Operating Cash Flow
Operating Cash Flow
AU$550.94 Million
AUD
Capital Expenditures
AU$507.15 Million
AUD
Data as of
Dec 2025
Most recent filing
SOUTH32 Ltd Capital Reinvestment Ratio (2012–2025)
This chart tracks SOUTH32 Ltd's Capital Reinvestment Ratio across 14 annual periods.
Annual Capital Reinvestment Ratio for SOUTH32 Ltd (2012–2025)
Year-by-year Capital Reinvestment Ratio for SOUTH32 Ltd from 2012 to 2025. For live market cap and broader valuation context, see S32 market cap.
| Year | Reinvestment Ratio | Operating CF (AUD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.75x | AU$1.33 Billion | AU$1.00 Billion | ▼ -25.0% |
| 2024 | 1.00x | AU$1.12 Billion | AU$1.12 Billion | ▲ +33.5% |
| 2023 | 0.75x | AU$1.19 Billion | AU$894.00 Million | ▲ +286.6% |
| 2022 | 0.19x | AU$3.07 Billion | AU$596.00 Million | ▼ -53.8% |
| 2021 | 0.42x | AU$1.41 Billion | AU$591.00 Million | ▼ -25.7% |
| 2020 | 0.57x | AU$1.36 Billion | AU$773.00 Million | ▲ +41.7% |
| 2019 | 0.40x | AU$1.82 Billion | AU$726.00 Million | ▲ +46.0% |
| 2018 | 0.27x | AU$1.72 Billion | AU$470.00 Million | ▲ +70.1% |
| 2017 | 0.16x | AU$2.13 Billion | AU$343.00 Million | ▼ -58.2% |
| 2016 | 0.38x | AU$1.03 Billion | AU$396.00 Million | ▼ -45.5% |
| 2015 | 0.71x | AU$670.00 Million | AU$473.00 Million | ▲ +48.7% |
| 2014 | 0.47x | AU$1.67 Billion | AU$793.00 Million | ▼ -43.0% |
| 2013 | 0.83x | AU$1.43 Billion | AU$1.19 Billion | ▼ -3.4% |
| 2012 | 0.86x | AU$2.39 Billion | AU$2.06 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow