Havanna Holding SA Capital Reinvestment Ratio
Havanna Holding SA capital reinvestment ratio. Havanna Holding SA (HAVA) has a Capital Reinvestment Ratio of 0.54x as of December 2025, meaning it reinvests 1% of its operating cash flow (AR$5.08 Billion) in capital expenditures (AR$2.74 Billion). See Havanna Holding SA free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Havanna Holding SA (2015–2025)
Capital reinvestment ratio of Havanna Holding SA from 2015 to 2025. This chart tracks Havanna Holding SA's Capital Reinvestment Ratio across 11 annual periods. See Havanna Holding SA financial flexibility index to measure the company's free cash flow as a share of total liabilities.
Havanna Holding SA Capital Reinvestment Ratio by Year (2015–2025)
Havanna Holding SA capital reinvestment ratio by year from 2015 to 2025. For the full cash flow conversion analysis, see Havanna Holding SA (HAVA) cash conversion ratio.
| Year | Reinvestment Ratio | Operating CF (ARS) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.74x | AR$13.47 Billion | AR$9.95 Billion | ▲ +65.8% |
| 2024 | 0.45x | AR$33.76 Billion | AR$15.04 Billion | ▼ -6.2% |
| 2023 | 0.48x | AR$22.01 Billion | AR$10.46 Billion | ▲ +55.6% |
| 2022 | 0.31x | AR$3.90 Billion | AR$1.19 Billion | ▲ +98.5% |
| 2021 | 0.15x | AR$1.49 Billion | AR$228.65 Million | ▼ -52.8% |
| 2020 | 0.33x | AR$256.39 Million | AR$83.66 Million | ▼ -48.7% |
| 2019 | 0.64x | AR$805.13 Million | AR$511.96 Million | ▲ +6.4% |
| 2018 | 0.60x | AR$286.95 Million | AR$171.41 Million | ▲ +38.8% |
| 2017 | 0.43x | AR$255.07 Million | AR$109.81 Million | ▼ -45.9% |
| 2016 | 0.80x | AR$72.39 Million | AR$57.62 Million | ▼ -4.6% |
| 2015 | 0.83x | AR$84.96 Million | AR$70.87 Million | — |