Itissalat Al-Maghrib (IAM) S.A (MSPA) — Capital Reinvestment Ratio
Itissalat Al-Maghrib (IAM) S.A (MSPA) has a Capital Reinvestment Ratio of 0.73x as of December 2022, meaning it reinvests 1% of its operating cash flow (€2.83 Billion) in capital expenditures (€2.06 Billion). Check MSPA 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
Itissalat Al-Maghrib (IAM) S.A Capital Reinvestment Ratio (2013–2025)
This chart tracks Itissalat Al-Maghrib (IAM) S.A's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see MSPA operating cash flow.
Annual Capital Reinvestment Ratio for Itissalat Al-Maghrib (IAM) S.A (2013–2025)
Year-by-year Capital Reinvestment Ratio for Itissalat Al-Maghrib (IAM) S.A from 2013 to 2025. See MSPA FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.51x | €18.50 Billion | €9.40 Billion | ▼ -49.4% |
| 2024 | 1.01x | €11.60 Billion | €11.66 Billion | ▲ +157.7% |
| 2023 | 0.39x | €13.55 Billion | €5.29 Billion | ▼ -33.8% |
| 2022 | 0.59x | €12.00 Billion | €7.07 Billion | ▲ +51.0% |
| 2021 | 0.39x | €13.55 Billion | €5.29 Billion | ▲ +4.5% |
| 2020 | 0.37x | €11.09 Billion | €4.14 Billion | ▼ -28.2% |
| 2019 | 0.52x | €15.28 Billion | €7.95 Billion | ▼ -6.5% |
| 2018 | 0.56x | €14.52 Billion | €8.07 Billion | ▼ -0.9% |
| 2017 | 0.56x | €14.91 Billion | €8.37 Billion | ▲ +21.1% |
| 2016 | 0.46x | €13.48 Billion | €6.25 Billion | ▼ -19.1% |
| 2015 | 0.57x | €14.57 Billion | €8.35 Billion | ▲ +57.2% |
| 2014 | 0.36x | €12.96 Billion | €4.73 Billion | ▼ -6.0% |
| 2013 | 0.39x | €12.50 Billion | €4.85 Billion | — |