Turk Tuborg Bira ve Malt Sanayi AS (TBORG) — Capital Reinvestment Ratio
Turk Tuborg Bira ve Malt Sanayi AS (TBORG) has a Capital Reinvestment Ratio of 0.48x as of December 2025, meaning it reinvests 0% of its operating cash flow (TL2.42 Billion) in capital expenditures (TL1.15 Billion). Check how tangible is Turk Tuborg Bira ve Malt Sanayi AS's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Turk Tuborg Bira ve Malt Sanayi AS Capital Reinvestment Ratio (2003–2025)
This chart tracks Turk Tuborg Bira ve Malt Sanayi AS's Capital Reinvestment Ratio across 18 annual periods. For the full cash flow conversion analysis, see Turk Tuborg Bira ve Malt Sanayi AS cash conversion from operations.
Annual Capital Reinvestment Ratio for Turk Tuborg Bira ve Malt Sanayi AS (2003–2025)
Year-by-year Capital Reinvestment Ratio for Turk Tuborg Bira ve Malt Sanayi AS from 2003 to 2025. See Turk Tuborg Bira ve Malt Sanayi AS free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (TRY) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.09x | TL4.04 Billion | TL4.41 Billion | ▲ +107.8% |
| 2024 | 0.53x | TL7.89 Billion | TL4.14 Billion | ▼ -43.1% |
| 2023 | 0.92x | TL4.62 Billion | TL4.26 Billion | ▲ +13.8% |
| 2022 | 0.81x | TL1.68 Billion | TL1.36 Billion | ▲ +28.8% |
| 2021 | 0.63x | TL858.95 Million | TL540.41 Million | ▲ +55.1% |
| 2020 | 0.41x | TL915.59 Million | TL371.47 Million | ▼ -24.2% |
| 2019 | 0.54x | TL648.40 Million | TL347.17 Million | ▼ -77.0% |
| 2018 | 2.33x | TL162.56 Million | TL378.91 Million | ▲ +223.9% |
| 2017 | 0.72x | TL299.39 Million | TL215.46 Million | ▲ +11.2% |
| 2016 | 0.65x | TL241.43 Million | TL156.24 Million | ▲ +25.8% |
| 2015 | 0.51x | TL198.26 Million | TL102.00 Million | ▲ +15.9% |
| 2014 | 0.44x | TL214.28 Million | TL95.11 Million | ▲ +10.4% |
| 2012 | 0.40x | TL91.42 Million | TL36.76 Million | ▼ -92.0% |
| 2011 | 5.02x | TL6.67 Million | TL33.49 Million | ▲ +1483.4% |
| 2009 | 0.32x | TL39.81 Million | TL12.63 Million | ▼ -72.1% |
| 2005 | 1.14x | TL14.19 Million | TL16.13 Million | ▼ -96.0% |
| 2004 | 28.69x | TL715.00K | TL20.51 Million | ▲ +7705.2% |
| 2003 | 0.37x | TL65.07 Million | TL23.91 Million | — |