Kernel Holding SA (0KE) — Capital Reinvestment Ratio
Kernel Holding SA (0KE) has a Capital Reinvestment Ratio of 1.59x as of September 2025, meaning it reinvests 2% of its operating cash flow (€13.92 Million) in capital expenditures (€22.15 Million). Check Kernel Holding SA 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
Kernel Holding SA Capital Reinvestment Ratio (2014–2024)
This chart tracks Kernel Holding SA's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see Kernel Holding SA cash conversion from operations.
Annual Capital Reinvestment Ratio for Kernel Holding SA (2014–2024)
Year-by-year Capital Reinvestment Ratio for Kernel Holding SA from 2014 to 2024. See Kernel Holding SA free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.31x | €472.14 Million | €146.49 Million | ▲ +149.3% |
| 2023 | 0.12x | €716.13 Million | €89.14 Million | ▼ -67.9% |
| 2021 | 0.39x | €459.84 Million | €178.30 Million | ▼ -51.6% |
| 2020 | 0.80x | €269.36 Million | €215.65 Million | ▼ -4.8% |
| 2019 | 0.84x | €198.65 Million | €166.99 Million | ▼ -52.7% |
| 2018 | 1.78x | €82.48 Million | €146.56 Million | ▲ +216.7% |
| 2017 | 0.56x | €77.41 Million | €43.43 Million | ▲ +118.2% |
| 2016 | 0.26x | €133.72 Million | €34.39 Million | ▲ +320.9% |
| 2015 | 0.06x | €404.72 Million | €24.73 Million | ▼ -89.9% |
| 2014 | 0.61x | €82.47 Million | €49.91 Million | — |