Clicks (CLS) — 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). See how leveraged is Clicks's balance sheet to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Clicks Capital Reinvestment Ratio (2002–2025)
This chart tracks Clicks's Capital Reinvestment Ratio across 23 annual periods. Check CLS capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Clicks (2002–2025)
Year-by-year Capital Reinvestment Ratio for Clicks from 2002 to 2025. For live market cap and broader valuation context, see Clicks market cap and net worth.
| 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 | — |