Firstrand Ltd (FSR) — Capital Reinvestment Ratio
Firstrand Ltd (FSR) has a Capital Reinvestment Ratio of 0.19x as of December 2025, meaning it reinvests 0% of its operating cash flow (ZAC42.71 Billion) in capital expenditures (ZAC7.96 Billion). Check how tangible is Firstrand Ltd's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Firstrand Ltd Capital Reinvestment Ratio (2004–2024)
This chart tracks Firstrand Ltd's Capital Reinvestment Ratio across 18 annual periods. For the full cash flow conversion analysis, see Firstrand Ltd operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Firstrand Ltd (2004–2024)
Year-by-year Capital Reinvestment Ratio for Firstrand Ltd from 2004 to 2024. See Firstrand Ltd (FSR) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.34x | ZAC18.69 Billion | ZAC6.36 Billion | ▲ +212.5% |
| 2023 | 0.11x | ZAC47.66 Billion | ZAC5.19 Billion | ▼ -27.2% |
| 2020 | 0.15x | ZAC39.85 Billion | ZAC5.96 Billion | ▼ -72.4% |
| 2019 | 0.54x | ZAC7.73 Billion | ZAC4.19 Billion | ▲ +279.7% |
| 2018 | 0.14x | ZAC29.18 Billion | ZAC4.16 Billion | ▼ -75.2% |
| 2017 | 0.58x | ZAC8.72 Billion | ZAC5.01 Billion | ▼ -43.9% |
| 2015 | 1.03x | ZAC4.40 Billion | ZAC4.52 Billion | ▲ +196.2% |
| 2014 | 0.35x | ZAC11.88 Billion | ZAC4.12 Billion | ▲ +5.3% |
| 2013 | 0.33x | ZAC13.84 Billion | ZAC4.55 Billion | ▼ -68.7% |
| 2012 | 1.05x | ZAC4.24 Billion | ZAC4.46 Billion | ▲ +327.8% |
| 2011 | 0.25x | ZAC12.15 Billion | ZAC2.99 Billion | ▲ +8.0% |
| 2010 | 0.23x | ZAC9.65 Billion | ZAC2.20 Billion | ▼ -55.2% |
| 2009 | 0.51x | ZAC9.76 Billion | ZAC4.96 Billion | ▼ -23.6% |
| 2008 | 0.66x | ZAC7.12 Billion | ZAC4.73 Billion | ▲ +166.1% |
| 2007 | 0.25x | ZAC9.37 Billion | ZAC2.34 Billion | ▼ -42.9% |
| 2006 | 0.44x | ZAC2.88 Billion | ZAC1.26 Billion | ▲ +849.0% |
| 2005 | 0.05x | ZAC13.59 Billion | ZAC627.00 Million | ▼ -99.9% |
| 2004 | 55.27x | ZAC30.00 Million | ZAC1.66 Billion | — |