SOUTH32 Ltd (S32) — Capital Reinvestment Ratio
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). Check S32 tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
SOUTH32 Ltd Capital Reinvestment Ratio (2012–2025)
This chart tracks SOUTH32 Ltd's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see S32 cash flow metrics.
Annual Capital Reinvestment Ratio for SOUTH32 Ltd (2012–2025)
Year-by-year Capital Reinvestment Ratio for SOUTH32 Ltd from 2012 to 2025. See SOUTH32 Ltd (S32) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |