Business Online PCL (BOL) — Capital Reinvestment Ratio
Business Online PCL (BOL) has a Capital Reinvestment Ratio of 0.52x as of December 2025, meaning it reinvests 1% of its operating cash flow (฿12.86 Million) in capital expenditures (฿6.70 Million). Check tangible net worth ratio of Business Online PCL to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Business Online PCL Capital Reinvestment Ratio (2003–2025)
This chart tracks Business Online PCL's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see BOL cash flow conversion.
Annual Capital Reinvestment Ratio for Business Online PCL (2003–2025)
Year-by-year Capital Reinvestment Ratio for Business Online PCL from 2003 to 2025. See BOL FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (THB) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.34x | ฿116.53 Million | ฿39.79 Million | ▲ +127.5% |
| 2024 | 0.15x | ฿218.42 Million | ฿32.79 Million | ▲ +122.6% |
| 2023 | 0.07x | ฿225.33 Million | ฿15.19 Million | ▲ +72.0% |
| 2022 | 0.04x | ฿272.79 Million | ฿10.70 Million | ▼ -57.2% |
| 2021 | 0.09x | ฿303.08 Million | ฿27.75 Million | ▲ +41.2% |
| 2020 | 0.06x | ฿200.27 Million | ฿12.98 Million | ▼ -79.1% |
| 2019 | 0.31x | ฿225.75 Million | ฿70.04 Million | ▲ +0.0% |
| 2018 | 0.31x | ฿86.22 Million | ฿26.74 Million | ▲ +92.7% |
| 2017 | 0.16x | ฿92.52 Million | ฿14.89 Million | ▼ -26.1% |
| 2016 | 0.22x | ฿101.51 Million | ฿22.11 Million | ▼ -14.8% |
| 2015 | 0.26x | ฿97.96 Million | ฿25.04 Million | ▲ +56.8% |
| 2014 | 0.16x | ฿115.92 Million | ฿18.90 Million | ▼ -50.0% |
| 2013 | 0.33x | ฿77.96 Million | ฿25.43 Million | ▼ -58.3% |
| 2012 | 0.78x | ฿45.21 Million | ฿35.36 Million | ▲ +331.0% |
| 2011 | 0.18x | ฿44.95 Million | ฿8.16 Million | ▲ +6.3% |
| 2010 | 0.17x | ฿58.93 Million | ฿10.07 Million | ▲ +82.9% |
| 2009 | 0.09x | ฿60.14 Million | ฿5.62 Million | ▼ -66.2% |
| 2008 | 0.28x | ฿67.73 Million | ฿18.73 Million | ▼ -11.0% |
| 2007 | 0.31x | ฿53.97 Million | ฿16.78 Million | ▲ +46.8% |
| 2006 | 0.21x | ฿67.48 Million | ฿14.29 Million | ▼ -51.4% |
| 2005 | 0.44x | ฿48.18 Million | ฿20.99 Million | ▼ -38.4% |
| 2004 | 0.71x | ฿23.10 Million | ฿16.33 Million | ▲ +90.3% |
| 2003 | 0.37x | ฿37.72 Million | ฿14.02 Million | — |