Scandinavian Tobacco Group A/S (STG) — Capital Reinvestment Ratio
Scandinavian Tobacco Group A/S (STG) has a Capital Reinvestment Ratio of 0.19x as of March 2026, meaning it reinvests 0% of its operating cash flow (Dkr146.80 Million) in capital expenditures (Dkr27.70 Million). Check Scandinavian Tobacco Group A/S tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Scandinavian Tobacco Group A/S Capital Reinvestment Ratio (2012–2025)
This chart tracks Scandinavian Tobacco Group A/S's Capital Reinvestment Ratio across 14 annual periods. For the full cash flow conversion analysis, see STG cash flow conversion.
Annual Capital Reinvestment Ratio for Scandinavian Tobacco Group A/S (2012–2025)
Year-by-year Capital Reinvestment Ratio for Scandinavian Tobacco Group A/S from 2012 to 2025. See STG 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 | 0.21x | Dkr767.10 Million | Dkr158.10 Million | ▼ -8.1% |
| 2024 | 0.22x | Dkr1.18 Billion | Dkr264.30 Million | ▼ -2.1% |
| 2023 | 0.23x | Dkr1.35 Billion | Dkr308.40 Million | ▼ -18.1% |
| 2022 | 0.28x | Dkr1.39 Billion | Dkr389.50 Million | ▲ +82.3% |
| 2021 | 0.15x | Dkr1.57 Billion | Dkr240.40 Million | ▲ +21.2% |
| 2020 | 0.13x | Dkr1.59 Billion | Dkr200.70 Million | ▲ +35.2% |
| 2019 | 0.09x | Dkr1.30 Billion | Dkr121.70 Million | ▼ -41.2% |
| 2018 | 0.16x | Dkr784.50 Million | Dkr125.00 Million | ▲ +54.0% |
| 2017 | 0.10x | Dkr1.05 Billion | Dkr108.50 Million | ▼ -40.2% |
| 2016 | 0.17x | Dkr1.36 Billion | Dkr235.00 Million | ▼ -5.7% |
| 2015 | 0.18x | Dkr1.29 Billion | Dkr235.90 Million | ▼ -9.9% |
| 2014 | 0.20x | Dkr1.06 Billion | Dkr215.20 Million | ▼ -49.8% |
| 2013 | 0.41x | Dkr744.80 Million | Dkr302.20 Million | ▼ -25.9% |
| 2012 | 0.55x | Dkr716.40 Million | Dkr392.10 Million | — |