Solar A/S (SOLAR-B) — Capital Reinvestment Ratio
Solar A/S (SOLAR-B) has a Capital Reinvestment Ratio of 0.30x as of December 2025, meaning it reinvests 0% of its operating cash flow (Dkr430.00 Million) in capital expenditures (Dkr131.00 Million). Check Solar A/S tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Solar A/S Capital Reinvestment Ratio (2005–2025)
This chart tracks Solar A/S's Capital Reinvestment Ratio across 20 annual periods. For the full cash flow conversion analysis, see SOLAR-B cash flow metrics.
Annual Capital Reinvestment Ratio for Solar A/S (2005–2025)
Year-by-year Capital Reinvestment Ratio for Solar A/S from 2005 to 2025. See SOLAR-B free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (DKK) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.02x | Dkr410.00 Million | Dkr420.00 Million | ▲ +74.4% |
| 2024 | 0.59x | Dkr538.00 Million | Dkr316.00 Million | ▲ +84.6% |
| 2023 | 0.32x | Dkr855.00 Million | Dkr272.00 Million | ▼ -97.7% |
| 2022 | 14.13x | Dkr16.00 Million | Dkr226.00 Million | ▲ +5402.4% |
| 2021 | 0.26x | Dkr783.00 Million | Dkr201.00 Million | ▲ +59.5% |
| 2020 | 0.16x | Dkr348.00 Million | Dkr56.00 Million | ▲ +2.3% |
| 2019 | 0.16x | Dkr305.00 Million | Dkr48.00 Million | ▼ -77.2% |
| 2018 | 0.69x | Dkr213.00 Million | Dkr147.00 Million | ▲ +12.8% |
| 2016 | 0.61x | Dkr219.00 Million | Dkr134.00 Million | ▲ +165.8% |
| 2015 | 0.23x | Dkr278.00 Million | Dkr64.00 Million | ▼ -44.0% |
| 2014 | 0.41x | Dkr158.00 Million | Dkr65.00 Million | ▲ +2.4% |
| 2013 | 0.40x | Dkr261.87 Million | Dkr105.19 Million | ▲ +130.5% |
| 2012 | 0.17x | Dkr458.15 Million | Dkr79.84 Million | ▼ -14.6% |
| 2011 | 0.20x | Dkr360.17 Million | Dkr73.52 Million | ▼ -57.0% |
| 2010 | 0.47x | Dkr347.42 Million | Dkr164.76 Million | ▲ +177.5% |
| 2009 | 0.17x | Dkr879.52 Million | Dkr150.31 Million | ▼ -52.4% |
| 2008 | 0.36x | Dkr329.88 Million | Dkr118.40 Million | ▲ +355.7% |
| 2007 | 0.08x | Dkr407.11 Million | Dkr32.06 Million | ▼ -87.0% |
| 2006 | 0.61x | Dkr170.03 Million | Dkr102.92 Million | ▼ -23.6% |
| 2005 | 0.79x | Dkr132.90 Million | Dkr105.28 Million | — |