Clicks Capital Reinvestment Ratio
Clicks capital reinvestment ratio. Clicks (CLS) has a Capital Reinvestment Ratio of 0.30x as of February 2026, meaning it reinvests 0% of its operating cash flow (ZAC1.05 Billion) in capital expenditures (ZAC310.58 Million). Check Clicks cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Clicks (2002–2025)
Capital reinvestment ratio of Clicks from 2002 to 2025. This chart tracks Clicks's Capital Reinvestment Ratio across 23 annual periods. Also explore Clicks (CLS) equity growth momentum to track the company's year-over-year net asset growth rate.
Clicks Capital Reinvestment Ratio by Year (2002–2025)
Clicks capital reinvestment ratio by year from 2002 to 2025. For the full cash flow conversion analysis, see cash efficiency ratio of Clicks.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.19x | ZAC5.24 Billion | ZAC984.53 Million | ▼ -1.3% |
| 2024 | 0.19x | ZAC4.68 Billion | ZAC890.86 Million | ▼ -32.3% |
| 2023 | 0.28x | ZAC3.31 Billion | ZAC930.00 Million | ▼ -35.7% |
| 2022 | 0.44x | ZAC1.92 Billion | ZAC837.60 Million | ▲ +46.4% |
| 2021 | 0.30x | ZAC2.31 Billion | ZAC689.74 Million | ▼ -23.4% |
| 2020 | 0.39x | ZAC1.52 Billion | ZAC590.88 Million | ▲ +13.6% |
| 2019 | 0.34x | ZAC1.89 Billion | ZAC646.71 Million | ▼ -28.8% |
| 2018 | 0.48x | ZAC1.39 Billion | ZAC671.23 Million | ▼ -20.6% |
| 2017 | 0.61x | ZAC853.80 Million | ZAC517.85 Million | ▲ +6.3% |
| 2016 | 0.57x | ZAC759.14 Million | ZAC432.96 Million | ▲ +23.3% |
| 2015 | 0.46x | ZAC798.99 Million | ZAC369.55 Million | ▲ +42.2% |
| 2014 | 0.33x | ZAC1.04 Billion | ZAC336.85 Million | ▼ -35.0% |
| 2013 | 0.50x | ZAC618.81 Million | ZAC309.89 Million | ▼ -16.5% |
| 2012 | 0.60x | ZAC426.32 Million | ZAC255.79 Million | ▲ +6.1% |
| 2011 | 0.57x | ZAC381.56 Million | ZAC215.70 Million | ▼ -48.4% |
| 2010 | 1.10x | ZAC188.39 Million | ZAC206.48 Million | ▲ +322.7% |
| 2009 | 0.26x | ZAC866.40 Million | ZAC224.62 Million | ▼ -84.0% |
| 2008 | 1.62x | ZAC107.53 Million | ZAC174.30 Million | ▲ +970.7% |
| 2007 | 0.15x | ZAC1.02 Billion | ZAC154.87 Million | ▼ -89.1% |
| 2006 | 1.39x | ZAC117.64 Million | ZAC163.57 Million | ▲ +89.6% |
| 2004 | 0.73x | ZAC218.96 Million | ZAC160.55 Million | ▲ +21.8% |
| 2003 | 0.60x | ZAC337.21 Million | ZAC203.00 Million | ▼ -18.6% |
| 2002 | 0.74x | ZAC213.66 Million | ZAC158.00 Million | — |