Pandora A/S (PNDORA) — Capital Reinvestment Ratio
Pandora A/S (PNDORA) has a Capital Reinvestment Ratio of 7.29x as of March 2026, meaning it reinvests 7% of its operating cash flow (Dkr42.00 Million) in capital expenditures (Dkr306.00 Million). Check Pandora A/S 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
Pandora A/S Capital Reinvestment Ratio (2008–2025)
This chart tracks Pandora A/S's Capital Reinvestment Ratio across 18 annual periods. For the full cash flow conversion analysis, see how efficiently does Pandora A/S generate cash.
Annual Capital Reinvestment Ratio for Pandora A/S (2008–2025)
Year-by-year Capital Reinvestment Ratio for Pandora A/S from 2008 to 2025. See PNDORA cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (DKK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.20x | Dkr7.36 Billion | Dkr1.45 Billion | ▲ +2.2% |
| 2024 | 0.19x | Dkr8.72 Billion | Dkr1.68 Billion | ▼ -4.5% |
| 2023 | 0.20x | Dkr7.38 Billion | Dkr1.49 Billion | ▼ -25.0% |
| 2022 | 0.27x | Dkr4.43 Billion | Dkr1.19 Billion | ▲ +186.0% |
| 2021 | 0.09x | Dkr6.23 Billion | Dkr585.00 Million | ▲ +11.4% |
| 2020 | 0.08x | Dkr5.97 Billion | Dkr504.00 Million | ▼ -29.6% |
| 2019 | 0.12x | Dkr6.78 Billion | Dkr812.00 Million | ▼ -28.3% |
| 2018 | 0.17x | Dkr6.62 Billion | Dkr1.11 Billion | ▼ -16.2% |
| 2017 | 0.20x | Dkr6.61 Billion | Dkr1.32 Billion | ▲ +11.4% |
| 2016 | 0.18x | Dkr6.53 Billion | Dkr1.17 Billion | ▼ -40.7% |
| 2015 | 0.30x | Dkr3.38 Billion | Dkr1.02 Billion | ▲ +186.9% |
| 2014 | 0.11x | Dkr4.32 Billion | Dkr455.00 Million | ▼ -47.8% |
| 2013 | 0.20x | Dkr2.43 Billion | Dkr490.00 Million | ▼ -2.1% |
| 2012 | 0.21x | Dkr1.34 Billion | Dkr276.00 Million | ▲ +39.7% |
| 2011 | 0.15x | Dkr1.82 Billion | Dkr269.00 Million | ▼ -25.9% |
| 2010 | 0.20x | Dkr1.32 Billion | Dkr262.00 Million | ▲ +79.6% |
| 2009 | 0.11x | Dkr1.07 Billion | Dkr118.16 Million | ▼ -9.0% |
| 2008 | 0.12x | Dkr393.45 Million | Dkr47.95 Million | — |