Harmony Gold Mining Company Ltd (HMY) — Capital Reinvestment Ratio
Harmony Gold Mining Company Ltd (HMY) has a Capital Reinvestment Ratio of 0.58x as of March 2023, meaning it reinvests 1% of its operating cash flow (AR$3.44 Billion) in capital expenditures (AR$2.00 Billion). Check Harmony Gold Mining Company Ltd 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
Harmony Gold Mining Company Ltd Capital Reinvestment Ratio (2017–2024)
This chart tracks Harmony Gold Mining Company Ltd's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see Harmony Gold Mining Company Ltd cash conversion from operations.
Annual Capital Reinvestment Ratio for Harmony Gold Mining Company Ltd (2017–2024)
Year-by-year Capital Reinvestment Ratio for Harmony Gold Mining Company Ltd from 2017 to 2024. See Harmony Gold Mining Company Ltd free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ARS) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.54x | AR$15.65 Billion | AR$8.40 Billion | ▼ -30.1% |
| 2023 | 0.77x | AR$9.95 Billion | AR$7.64 Billion | ▼ -14.4% |
| 2022 | 0.90x | AR$6.92 Billion | AR$6.21 Billion | ▲ +60.2% |
| 2021 | 0.56x | AR$9.18 Billion | AR$5.14 Billion | ▼ -26.7% |
| 2020 | 0.76x | AR$4.72 Billion | AR$3.61 Billion | ▼ -29.0% |
| 2019 | 1.08x | AR$4.68 Billion | AR$5.04 Billion | ▼ -8.4% |
| 2018 | 1.17x | AR$3.88 Billion | AR$4.56 Billion | ▲ +14.9% |
| 2017 | 1.02x | AR$3.80 Billion | AR$3.89 Billion | — |