First Tractor Company Limited (FTP) — Capital Reinvestment Ratio
First Tractor Company Limited (FTP) has a Capital Reinvestment Ratio of 0.03x as of June 2023, meaning it reinvests 0% of its operating cash flow (€799.78 Million) in capital expenditures (€23.28 Million). Check FTP goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
First Tractor Company Limited Capital Reinvestment Ratio (2014–2024)
This chart tracks First Tractor Company Limited's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see cash flow conversion of First Tractor Company Limited.
Annual Capital Reinvestment Ratio for First Tractor Company Limited (2014–2024)
Year-by-year Capital Reinvestment Ratio for First Tractor Company Limited from 2014 to 2024. See free cash flow generation of First Tractor Company Limited to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.09x | €1.22 Billion | €111.97 Million | ▲ +9.2% |
| 2023 | 0.08x | €1.06 Billion | €89.10 Million | ▲ +222.6% |
| 2022 | 0.03x | €3.60 Billion | €94.19 Million | ▼ -77.6% |
| 2021 | 0.12x | €582.28 Million | €67.85 Million | ▲ +79.2% |
| 2020 | 0.07x | €1.25 Billion | €81.21 Million | ▼ -91.4% |
| 2019 | 0.75x | €330.73 Million | €249.12 Million | ▲ +623.8% |
| 2016 | 0.10x | €2.09 Billion | €217.84 Million | ▼ -83.8% |
| 2015 | 0.64x | €637.80 Million | €410.75 Million | ▼ -92.7% |
| 2014 | 8.77x | €74.87 Million | €656.81 Million | — |