Advtech (ADH) — Capital Reinvestment Ratio
Advtech (ADH) has a Capital Reinvestment Ratio of 0.15x as of June 2025, meaning it reinvests 0% of its operating cash flow (ZAC1.99 Billion) in capital expenditures (ZAC303.30 Million). Check tangible net worth ratio of Advtech to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Advtech Capital Reinvestment Ratio (2002–2024)
This chart tracks Advtech's Capital Reinvestment Ratio across 22 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Advtech.
Annual Capital Reinvestment Ratio for Advtech (2002–2024)
Year-by-year Capital Reinvestment Ratio for Advtech from 2002 to 2024. See cash generation quality of Advtech to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.95x | ZAC1.04 Billion | ZAC982.20 Million | ▲ +95.1% |
| 2023 | 0.49x | ZAC1.38 Billion | ZAC669.00 Million | ▼ -13.1% |
| 2022 | 0.56x | ZAC1.26 Billion | ZAC704.40 Million | ▲ +46.5% |
| 2021 | 0.38x | ZAC898.40 Million | ZAC342.70 Million | ▲ +12.5% |
| 2020 | 0.34x | ZAC895.10 Million | ZAC303.50 Million | ▼ -77.3% |
| 2019 | 1.50x | ZAC454.80 Million | ZAC680.70 Million | ▲ +74.3% |
| 2018 | 0.86x | ZAC616.40 Million | ZAC529.30 Million | ▼ -26.9% |
| 2017 | 1.18x | ZAC580.20 Million | ZAC681.80 Million | ▲ +50.2% |
| 2016 | 0.78x | ZAC455.80 Million | ZAC356.60 Million | ▼ -33.0% |
| 2015 | 1.17x | ZAC339.50 Million | ZAC396.50 Million | ▼ -22.8% |
| 2014 | 1.51x | ZAC198.30 Million | ZAC299.80 Million | ▲ +36.4% |
| 2013 | 1.11x | ZAC299.20 Million | ZAC331.70 Million | ▲ +40.7% |
| 2012 | 0.79x | ZAC293.60 Million | ZAC231.30 Million | ▼ -43.6% |
| 2011 | 1.40x | ZAC134.40 Million | ZAC187.80 Million | ▲ +32.2% |
| 2010 | 1.06x | ZAC118.70 Million | ZAC125.50 Million | ▲ +39.4% |
| 2009 | 0.76x | ZAC170.01 Million | ZAC128.94 Million | ▼ -15.8% |
| 2008 | 0.90x | ZAC154.03 Million | ZAC138.75 Million | ▲ +52.7% |
| 2007 | 0.59x | ZAC140.55 Million | ZAC82.91 Million | ▼ -18.4% |
| 2006 | 0.72x | ZAC101.43 Million | ZAC73.31 Million | ▲ +15.5% |
| 2005 | 0.63x | ZAC108.74 Million | ZAC68.04 Million | ▲ +68.5% |
| 2003 | 0.37x | ZAC70.43 Million | ZAC26.15 Million | ▼ -72.5% |
| 2002 | 1.35x | ZAC24.80 Million | ZAC33.47 Million | — |