Bavarian Nordic (BAVA) — Capital Reinvestment Ratio
Latest as of December 2025:
0.18x
Bavarian Nordic (BAVA) has a Capital Reinvestment Ratio of 0.18x as of December 2025, meaning it reinvests 0% of its operating cash flow (Dkr545.05 Million) in capital expenditures (Dkr99.12 Million). See BAVA free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
0.18x
Capex / Operating Cash Flow
Operating Cash Flow
Dkr545.05 Million
DKK
Capital Expenditures
Dkr99.12 Million
DKK
Data as of
Dec 2025
Most recent filing
Bavarian Nordic Capital Reinvestment Ratio (2003–2025)
This chart tracks Bavarian Nordic's Capital Reinvestment Ratio across 14 annual periods.
Annual Capital Reinvestment Ratio for Bavarian Nordic (2003–2025)
Year-by-year Capital Reinvestment Ratio for Bavarian Nordic from 2003 to 2025. For live market cap and broader valuation context, see Bavarian Nordic market capitalisation.
| Year | Reinvestment Ratio | Operating CF (DKK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.08x | Dkr2.72 Billion | Dkr205.29 Million | ▼ -91.3% |
| 2024 | 0.87x | Dkr1.95 Billion | Dkr1.69 Billion | ▼ -0.9% |
| 2023 | 0.87x | Dkr1.12 Billion | Dkr977.40 Million | ▼ -86.1% |
| 2022 | 6.28x | Dkr220.05 Million | Dkr1.38 Billion | ▲ +408.1% |
| 2020 | 1.24x | Dkr571.91 Million | Dkr706.71 Million | ▲ +239.3% |
| 2017 | 0.36x | Dkr216.06 Million | Dkr78.70 Million | ▲ +6.5% |
| 2016 | 0.34x | Dkr267.60 Million | Dkr91.52 Million | ▼ -39.9% |
| 2015 | 0.57x | Dkr105.32 Million | Dkr59.92 Million | ▲ +81.8% |
| 2014 | 0.31x | Dkr338.75 Million | Dkr105.99 Million | ▼ -70.4% |
| 2013 | 1.06x | Dkr147.08 Million | Dkr155.44 Million | ▼ -53.0% |
| 2012 | 2.25x | Dkr20.10 Million | Dkr45.21 Million | ▼ -37.1% |
| 2008 | 3.58x | Dkr22.41 Million | Dkr80.14 Million | ▲ +2521.2% |
| 2007 | 0.14x | Dkr163.16 Million | Dkr22.26 Million | ▼ -12.8% |
| 2003 | 0.16x | Dkr209.27K | Dkr32.74K | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow