Merafe Capital Reinvestment Ratio
Merafe capital reinvestment ratio. Merafe (MRF) has a Capital Reinvestment Ratio of 0.44x as of December 2024, meaning it reinvests 0% of its operating cash flow (ZAC925.39 Million) in capital expenditures (ZAC408.97 Million). See MRF free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Merafe (2004–2024)
Capital reinvestment ratio of Merafe from 2004 to 2024. This chart tracks Merafe's Capital Reinvestment Ratio across 20 annual periods. See financial agility of Merafe to measure the company's free cash flow as a share of total liabilities.
Merafe Capital Reinvestment Ratio by Year (2004–2024)
Merafe capital reinvestment ratio by year from 2004 to 2024. For the full cash flow conversion analysis, see MRF cash generation efficiency.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.37x | ZAC1.78 Billion | ZAC662.19 Million | ▲ +4.3% |
| 2023 | 0.36x | ZAC1.88 Billion | ZAC671.37 Million | ▲ +25.2% |
| 2022 | 0.29x | ZAC1.70 Billion | ZAC484.24 Million | ▼ -32.7% |
| 2021 | 0.42x | ZAC1.16 Billion | ZAC490.24 Million | ▼ -38.8% |
| 2020 | 0.69x | ZAC495.31 Million | ZAC342.99 Million | ▼ -0.8% |
| 2019 | 0.70x | ZAC761.04 Million | ZAC531.47 Million | ▼ -18.9% |
| 2018 | 0.86x | ZAC478.50 Million | ZAC412.26 Million | ▲ +198.7% |
| 2017 | 0.29x | ZAC1.40 Billion | ZAC403.80 Million | ▼ -49.7% |
| 2016 | 0.57x | ZAC501.51 Million | ZAC287.58 Million | ▲ +80.6% |
| 2015 | 0.32x | ZAC955.68 Million | ZAC303.50 Million | ▼ -78.1% |
| 2014 | 1.45x | ZAC306.06 Million | ZAC443.31 Million | ▲ +16.4% |
| 2013 | 1.24x | ZAC486.61 Million | ZAC605.29 Million | ▼ -47.0% |
| 2012 | 2.35x | ZAC257.05 Million | ZAC603.23 Million | ▲ +71.3% |
| 2011 | 1.37x | ZAC295.12 Million | ZAC404.40 Million | ▲ +24.5% |
| 2010 | 1.10x | ZAC245.82 Million | ZAC270.50 Million | ▲ +0.5% |
| 2009 | 1.09x | ZAC166.82 Million | ZAC182.58 Million | ▲ +593.0% |
| 2008 | 0.16x | ZAC875.87 Million | ZAC138.32 Million | ▼ -87.4% |
| 2007 | 1.25x | ZAC304.62 Million | ZAC381.34 Million | ▼ -89.1% |
| 2005 | 11.47x | ZAC52.07 Million | ZAC597.10 Million | ▼ -78.4% |
| 2004 | 53.13x | ZAC319.00K | ZAC16.95 Million | — |