AngloGold Ashanti Ltd (ANG) — Capital Reinvestment Ratio
AngloGold Ashanti Ltd (ANG) has a Capital Reinvestment Ratio of 0.34x as of June 2026, meaning it reinvests 0% of its operating cash flow (ZAC1.43 Billion) in capital expenditures (ZAC487.00 Million). Check ANG intangible-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
AngloGold Ashanti Ltd Capital Reinvestment Ratio (1997–2025)
This chart tracks AngloGold Ashanti Ltd's Capital Reinvestment Ratio across 27 annual periods. For the full cash flow conversion analysis, see ANG cash flow metrics.
Annual Capital Reinvestment Ratio for AngloGold Ashanti Ltd (1997–2025)
Year-by-year Capital Reinvestment Ratio for AngloGold Ashanti Ltd from 1997 to 2025. See how much free cash does AngloGold Ashanti Ltd generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.34x | ZAC4.71 Billion | ZAC1.61 Billion | ▼ -38.4% |
| 2024 | 0.55x | ZAC1.97 Billion | ZAC1.09 Billion | ▼ -48.4% |
| 2023 | 1.07x | ZAC971.00 Million | ZAC1.04 Billion | ▲ +88.3% |
| 2022 | 0.57x | ZAC1.80 Billion | ZAC1.03 Billion | ▼ -29.7% |
| 2021 | 0.81x | ZAC1.27 Billion | ZAC1.03 Billion | ▲ +91.0% |
| 2020 | 0.42x | ZAC1.65 Billion | ZAC702.00 Million | ▼ -36.8% |
| 2019 | 0.67x | ZAC1.05 Billion | ZAC703.00 Million | ▲ +0.1% |
| 2018 | 0.67x | ZAC857.00 Million | ZAC575.00 Million | ▼ -0.9% |
| 2017 | 0.68x | ZAC997.00 Million | ZAC675.00 Million | ▲ +12.9% |
| 2016 | 0.60x | ZAC1.19 Billion | ZAC711.00 Million | ▲ +2.8% |
| 2015 | 0.58x | ZAC1.14 Billion | ZAC664.00 Million | ▼ -15.7% |
| 2014 | 0.69x | ZAC1.22 Billion | ZAC844.00 Million | ▼ -37.0% |
| 2013 | 1.10x | ZAC1.25 Billion | ZAC1.37 Billion | ▲ +11.6% |
| 2012 | 0.98x | ZAC1.97 Billion | ZAC1.94 Billion | ▲ +85.9% |
| 2011 | 0.53x | ZAC2.43 Billion | ZAC1.28 Billion | ▼ -76.9% |
| 2009 | 2.29x | ZAC512.25 Million | ZAC1.17 Billion | ▲ +21.7% |
| 2007 | 1.88x | ZAC561.00 Million | ZAC1.05 Billion | ▲ +78.5% |
| 2006 | 1.05x | ZAC770.00 Million | ZAC811.00 Million | ▼ -48.5% |
| 2005 | 2.05x | ZAC347.00 Million | ZAC710.00 Million | ▲ +72.1% |
| 2004 | 1.19x | ZAC492.00 Million | ZAC585.00 Million | ▲ +48.4% |
| 2003 | 0.80x | ZAC453.00 Million | ZAC363.00 Million | ▲ +79.3% |
| 2002 | 0.45x | ZAC584.00 Million | ZAC261.00 Million | ▼ -50.1% |
| 2001 | 0.89x | ZAC333.00 Million | ZAC298.00 Million | ▼ -66.7% |
| 2000 | 2.69x | ZAC113.00 Million | ZAC304.00 Million | ▲ +212.3% |
| 1999 | 0.86x | ZAC252.60 Million | ZAC217.60 Million | ▼ -22.5% |
| 1998 | 1.11x | ZAC166.10 Million | ZAC184.60 Million | ▲ +69.4% |
| 1997 | 0.66x | ZAC125.60 Million | ZAC82.40 Million | — |