Harmony Gold Mining Co. Ltd. Capital Reinvestment Ratio
Harmony Gold Mining Co. Ltd. capital reinvestment ratio. Harmony Gold Mining Co. Ltd. (HAR) has a Capital Reinvestment Ratio of 0.49x as of June 2026, meaning it reinvests 0% of its operating cash flow (ZAC19.76 Billion) in capital expenditures (ZAC9.73 Billion). Check HAR capex plus investments ratio 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 Harmony Gold Mining Co. Ltd. (1998–2026)
Capital reinvestment ratio of Harmony Gold Mining Co. Ltd. from 1998 to 2026. This chart tracks Harmony Gold Mining Co. Ltd.'s Capital Reinvestment Ratio across 27 annual periods. Also explore Harmony Gold Mining Co. Ltd. equity growth rate to track the company's year-over-year net asset growth rate.
Harmony Gold Mining Co. Ltd. Capital Reinvestment Ratio by Year (1998–2026)
Harmony Gold Mining Co. Ltd. capital reinvestment ratio by year from 1998 to 2026. For the full cash flow conversion analysis, see cash flow conversion of Harmony Gold Mining Co. Ltd..
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.53x | ZAC33.61 Billion | ZAC17.84 Billion | ▲ +1.4% |
| 2025 | 0.52x | ZAC22.65 Billion | ZAC11.86 Billion | ▼ -2.4% |
| 2024 | 0.54x | ZAC15.65 Billion | ZAC8.40 Billion | ▼ -30.1% |
| 2023 | 0.77x | ZAC9.95 Billion | ZAC7.64 Billion | ▼ -14.4% |
| 2022 | 0.90x | ZAC6.92 Billion | ZAC6.21 Billion | ▲ +60.2% |
| 2021 | 0.56x | ZAC9.18 Billion | ZAC5.14 Billion | ▼ -26.7% |
| 2020 | 0.76x | ZAC272.08 Million | ZAC207.96 Million | ▼ -28.9% |
| 2019 | 1.08x | ZAC4.68 Billion | ZAC5.04 Billion | ▼ -8.4% |
| 2018 | 1.17x | ZAC4.18 Billion | ZAC4.91 Billion | ▲ +15.0% |
| 2017 | 1.02x | ZAC3.64 Billion | ZAC3.72 Billion | ▲ +89.1% |
| 2016 | 0.54x | ZAC4.60 Billion | ZAC2.48 Billion | ▼ -61.7% |
| 2015 | 1.41x | ZAC24.61 Billion | ZAC34.68 Billion | ▲ +20.1% |
| 2014 | 1.17x | ZAC2.32 Billion | ZAC2.73 Billion | ▼ -10.5% |
| 2013 | 1.31x | ZAC3.26 Billion | ZAC4.27 Billion | ▲ +72.2% |
| 2012 | 0.76x | ZAC4.45 Billion | ZAC3.39 Billion | ▼ -42.5% |
| 2011 | 1.32x | ZAC2.32 Billion | ZAC3.07 Billion | ▼ -40.0% |
| 2010 | 2.21x | ZAC1.58 Billion | ZAC3.49 Billion | ▲ +89.9% |
| 2009 | 1.16x | ZAC2.29 Billion | ZAC2.66 Billion | ▼ -50.6% |
| 2008 | 2.35x | ZAC1.84 Billion | ZAC4.33 Billion | ▲ +0.9% |
| 2007 | 2.33x | ZAC1.16 Billion | ZAC2.71 Billion | ▼ -55.6% |
| 2006 | 5.25x | ZAC370.27 Million | ZAC1.94 Billion | ▲ +594.1% |
| 2003 | 0.76x | ZAC1.32 Billion | ZAC995.51 Million | ▲ +134.2% |
| 2002 | 0.32x | ZAC2.28 Billion | ZAC734.85 Million | ▼ -69.9% |
| 2001 | 1.07x | ZAC394.85 Million | ZAC423.05 Million | ▲ +95.6% |
| 2000 | 0.55x | ZAC287.34 Million | ZAC157.38 Million | ▲ +58.8% |
| 1999 | 0.34x | ZAC505.58 Million | ZAC174.36 Million | ▼ -97.0% |
| 1998 | 11.67x | ZAC3.53 Million | ZAC41.23 Million | — |