CARLSBERG B DK20 ADR 1/5 (CBGC) — Capital Reinvestment Ratio
CARLSBERG B DK20 ADR 1/5 (CBGC) has a Capital Reinvestment Ratio of 0.45x as of December 2025, meaning it reinvests 0% of its operating cash flow (€12.43 Billion) in capital expenditures (€5.59 Billion). Check CARLSBERG B DK20 ADR 1/5 (CBGC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
CARLSBERG B DK20 ADR 1/5 Capital Reinvestment Ratio (2022–2025)
This chart tracks CARLSBERG B DK20 ADR 1/5's Capital Reinvestment Ratio across 4 annual periods. For the full cash flow conversion analysis, see CBGC cash flow conversion.
Annual Capital Reinvestment Ratio for CARLSBERG B DK20 ADR 1/5 (2022–2025)
Year-by-year Capital Reinvestment Ratio for CARLSBERG B DK20 ADR 1/5 from 2022 to 2025. See CARLSBERG B DK20 ADR 1/5 free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.45x | €12.43 Billion | €5.59 Billion | ▲ +1.2% |
| 2024 | 0.44x | €11.31 Billion | €5.03 Billion | ▲ +21.6% |
| 2023 | 0.37x | €11.61 Billion | €4.24 Billion | ▲ +17.8% |
| 2022 | 0.31x | €12.95 Billion | €4.02 Billion | — |