Société de Services de Participations de Direction et d'Elaboration (SPA) — Capital Reinvestment Ratio
Société de Services de Participations de Direction et d'Elaboration (SPA) has a Capital Reinvestment Ratio of 0.63x as of June 2025, meaning it reinvests 1% of its operating cash flow (€14.52 Million) in capital expenditures (€9.15 Million). Check SPA tangible net assets ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Société de Services de Participations de Direction et d'Elaboration Capital Reinvestment Ratio (2005–2024)
This chart tracks Société de Services de Participations de Direction et d'Elaboration's Capital Reinvestment Ratio across 20 annual periods. For the full cash flow conversion analysis, see SPA operating cash flow.
Annual Capital Reinvestment Ratio for Société de Services de Participations de Direction et d'Elaboration (2005–2024)
Year-by-year Capital Reinvestment Ratio for Société de Services de Participations de Direction et d'Elaboration from 2005 to 2024. See SPA cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.34x | €68.53 Million | €23.49 Million | ▼ -2.0% |
| 2023 | 0.35x | €61.81 Million | €21.62 Million | ▼ -21.6% |
| 2022 | 0.45x | €36.22 Million | €16.17 Million | ▲ +15.6% |
| 2021 | 0.39x | €46.39 Million | €17.91 Million | ▼ -7.1% |
| 2020 | 0.42x | €48.90 Million | €20.31 Million | ▼ -21.7% |
| 2019 | 0.53x | €39.04 Million | €20.72 Million | ▲ +14.2% |
| 2018 | 0.46x | €42.44 Million | €19.72 Million | ▼ -2.7% |
| 2017 | 0.48x | €44.23 Million | €21.13 Million | ▲ +52.0% |
| 2016 | 0.31x | €30.51 Million | €9.59 Million | ▼ -40.6% |
| 2015 | 0.53x | €46.91 Million | €24.80 Million | ▲ +50.3% |
| 2014 | 0.35x | €35.14 Million | €12.36 Million | ▲ +21.6% |
| 2013 | 0.29x | €23.89 Million | €6.91 Million | ▼ -46.0% |
| 2012 | 0.54x | €16.50 Million | €8.84 Million | ▼ -16.4% |
| 2011 | 0.64x | €17.61 Million | €11.29 Million | ▲ +35.8% |
| 2010 | 0.47x | €24.38 Million | €11.51 Million | ▲ +75.1% |
| 2009 | 0.27x | €29.67 Million | €8.00 Million | ▼ -44.5% |
| 2008 | 0.49x | €17.30 Million | €8.40 Million | ▲ +14.0% |
| 2007 | 0.43x | €18.95 Million | €8.07 Million | ▲ +93.6% |
| 2006 | 0.22x | €35.13 Million | €7.73 Million | ▼ -66.7% |
| 2005 | 0.66x | €31.67 Million | €20.93 Million | — |