Aygaz AS (AYGAZ) — Capital Reinvestment Ratio
Aygaz AS (AYGAZ) has a Capital Reinvestment Ratio of 2.58x as of December 2025, meaning it reinvests 3% of its operating cash flow (TL202.57 Million) in capital expenditures (TL523.56 Million). See debt-free asset ratio of Aygaz AS to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Aygaz AS Capital Reinvestment Ratio (2003–2025)
This chart tracks Aygaz AS's Capital Reinvestment Ratio across 22 annual periods. Check how aggressively does Aygaz AS reinvest cash to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Aygaz AS (2003–2025)
Year-by-year Capital Reinvestment Ratio for Aygaz AS from 2003 to 2025. For live market cap and broader valuation context, see AYGAZ company net worth.
| Year | Reinvestment Ratio | Operating CF (TRY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.74x | TL2.18 Billion | TL1.62 Billion | ▼ -90.3% |
| 2024 | 7.65x | TL532.90 Million | TL4.07 Billion | ▲ +1803.6% |
| 2023 | 0.40x | TL2.77 Billion | TL1.11 Billion | ▼ -50.1% |
| 2021 | 0.80x | TL235.01 Million | TL189.06 Million | ▲ +159.0% |
| 2020 | 0.31x | TL276.50 Million | TL85.89 Million | ▲ +48.6% |
| 2019 | 0.21x | TL577.71 Million | TL120.72 Million | ▼ -53.1% |
| 2018 | 0.45x | TL233.28 Million | TL104.00 Million | ▲ +1.3% |
| 2017 | 0.44x | TL251.24 Million | TL110.53 Million | ▲ +159.1% |
| 2016 | 0.17x | TL582.38 Million | TL98.90 Million | ▼ -52.9% |
| 2015 | 0.36x | TL239.43 Million | TL86.29 Million | ▲ +26.1% |
| 2014 | 0.29x | TL284.63 Million | TL81.33 Million | ▼ -12.2% |
| 2013 | 0.33x | TL235.08 Million | TL76.48 Million | ▼ -44.7% |
| 2012 | 0.59x | TL162.61 Million | TL95.70 Million | ▼ -65.1% |
| 2011 | 1.69x | TL98.95 Million | TL167.00 Million | ▲ +725.8% |
| 2010 | 0.20x | TL388.44 Million | TL79.40 Million | ▼ -82.7% |
| 2009 | 1.18x | TL107.21 Million | TL126.35 Million | ▲ +504.0% |
| 2008 | 0.20x | TL376.52 Million | TL73.47 Million | ▼ -34.7% |
| 2007 | 0.30x | TL292.05 Million | TL87.20 Million | ▼ -77.5% |
| 2006 | 1.33x | TL118.56 Million | TL157.53 Million | ▲ +26.8% |
| 2005 | 1.05x | TL136.65 Million | TL143.17 Million | ▼ -62.7% |
| 2004 | 2.81x | TL40.93 Million | TL115.12 Million | ▼ -38.2% |
| 2003 | 4.55x | TL16.79 Trillion | TL76.40 Trillion | — |