Netcare (NTC) — Capital Reinvestment Ratio
Netcare (NTC) has a Capital Reinvestment Ratio of 0.45x as of September 2025, meaning it reinvests 0% of its operating cash flow (ZAC2.42 Billion) in capital expenditures (ZAC1.10 Billion). Check Netcare (NTC) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Netcare Capital Reinvestment Ratio (2005–2025)
This chart tracks Netcare's Capital Reinvestment Ratio across 20 annual periods. For the full cash flow conversion analysis, see Netcare operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Netcare (2005–2025)
Year-by-year Capital Reinvestment Ratio for Netcare from 2005 to 2025. See Netcare free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.67x | ZAC2.45 Billion | ZAC1.63 Billion | ▲ +19.2% |
| 2024 | 0.56x | ZAC2.72 Billion | ZAC1.52 Billion | ▼ -30.3% |
| 2023 | 0.80x | ZAC1.88 Billion | ZAC1.51 Billion | ▲ +51.5% |
| 2022 | 0.53x | ZAC2.61 Billion | ZAC1.38 Billion | ▲ +6.6% |
| 2021 | 0.50x | ZAC2.31 Billion | ZAC1.14 Billion | ▲ +20.6% |
| 2019 | 0.41x | ZAC3.47 Billion | ZAC1.43 Billion | ▼ -32.4% |
| 2018 | 0.61x | ZAC2.48 Billion | ZAC1.51 Billion | ▼ -36.5% |
| 2017 | 0.96x | ZAC2.52 Billion | ZAC2.42 Billion | ▲ +21.1% |
| 2016 | 0.79x | ZAC3.52 Billion | ZAC2.79 Billion | ▼ -10.5% |
| 2015 | 0.89x | ZAC2.98 Billion | ZAC2.64 Billion | ▲ +30.9% |
| 2014 | 0.68x | ZAC2.81 Billion | ZAC1.90 Billion | ▲ +7.1% |
| 2013 | 0.63x | ZAC2.14 Billion | ZAC1.35 Billion | ▲ +11.2% |
| 2012 | 0.57x | ZAC2.38 Billion | ZAC1.35 Billion | ▼ -6.1% |
| 2011 | 0.60x | ZAC2.33 Billion | ZAC1.41 Billion | ▼ -20.0% |
| 2010 | 0.76x | ZAC1.81 Billion | ZAC1.37 Billion | ▼ -37.6% |
| 2009 | 1.21x | ZAC1.18 Billion | ZAC1.43 Billion | ▲ +18.1% |
| 2008 | 1.03x | ZAC1.38 Billion | ZAC1.42 Billion | ▼ -38.0% |
| 2007 | 1.65x | ZAC902.00 Million | ZAC1.49 Billion | ▼ -3.8% |
| 2006 | 1.72x | ZAC654.30 Million | ZAC1.12 Billion | ▲ +127.7% |
| 2005 | 0.75x | ZAC658.70 Million | ZAC497.30 Million | — |