ADVANTEST ADR NEW/1 O.N. (VANA) — Capital Reinvestment Ratio
ADVANTEST ADR NEW/1 O.N. (VANA) has a Capital Reinvestment Ratio of 0.11x as of March 2026, meaning it reinvests 0% of its operating cash flow (€335.18 Billion) in capital expenditures (€36.03 Billion). Check ADVANTEST ADR NEW/1 O.N. (VANA) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
ADVANTEST ADR NEW/1 O.N. Capital Reinvestment Ratio (2022–2026)
This chart tracks ADVANTEST ADR NEW/1 O.N.'s Capital Reinvestment Ratio across 5 annual periods. For the full cash flow conversion analysis, see ADVANTEST ADR NEW/1 O.N. (VANA) cash conversion ratio.
Annual Capital Reinvestment Ratio for ADVANTEST ADR NEW/1 O.N. (2022–2026)
Year-by-year Capital Reinvestment Ratio for ADVANTEST ADR NEW/1 O.N. from 2022 to 2026. See ADVANTEST ADR NEW/1 O.N. (VANA) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.11x | €335.18 Billion | €36.03 Billion | ▲ +58.2% |
| 2025 | 0.07x | €285.97 Billion | €19.43 Billion | ▼ -89.2% |
| 2024 | 0.63x | €32.67 Billion | €20.54 Billion | ▲ +87.2% |
| 2023 | 0.34x | €70.22 Billion | €23.59 Billion | ▲ +45.4% |
| 2022 | 0.23x | €78.89 Billion | €18.22 Billion | — |