Harmony Gold Mining Company Ltd Capital Reinvestment Ratio

Latest as of March 2023: 0.58x

Harmony Gold Mining Company Ltd 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 how aggressively does Harmony Gold Mining Company Ltd reinvest cash to assess the company's total reinvestment commitment from operating cash flow.

Capital Reinvestment Ratio

0.58x
Capex / Operating Cash Flow

Operating Cash Flow

AR$3.44 Billion
ARS

Capital Expenditures

AR$2.00 Billion
ARS

Data as of

Mar 2023
Most recent filing

Capital Reinvestment Ratio of Harmony Gold Mining Company Ltd (2017–2024)

Capital reinvestment ratio of Harmony Gold Mining Company Ltd from 2017 to 2024. This chart tracks Harmony Gold Mining Company Ltd's Capital Reinvestment Ratio across 8 annual periods. Also explore HMY net assets growth trend to track the company's year-over-year net asset growth rate.

Harmony Gold Mining Company Ltd Capital Reinvestment Ratio by Year (2017–2024)

Harmony Gold Mining Company Ltd capital reinvestment ratio by year from 2017 to 2024. For the full cash flow conversion analysis, see HMY cash generation efficiency.

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 —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow