Spear REIT Ltd (SEA) — Capital Reinvestment Ratio
Spear REIT Ltd (SEA) has a Capital Reinvestment Ratio of 0.38x as of February 2026, meaning it reinvests 0% of its operating cash flow (ZAC244.52 Million) in capital expenditures (ZAC92.45 Million). Check SEA goodwill-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Spear REIT Ltd Capital Reinvestment Ratio (2017–2026)
This chart tracks Spear REIT Ltd's Capital Reinvestment Ratio across 10 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Spear REIT Ltd.
Annual Capital Reinvestment Ratio for Spear REIT Ltd (2017–2026)
Year-by-year Capital Reinvestment Ratio for Spear REIT Ltd from 2017 to 2026. See Spear REIT Ltd (SEA) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2026 | 0.23x | ZAC396.12 Million | ZAC92.78 Million | ▼ -73.2% |
| 2025 | 0.88x | ZAC73.61 Million | ZAC64.44 Million | ▲ +263577.4% |
| 2024 | 0.00x | ZAC207.82 Million | ZAC69.00K | ▼ -100.0% |
| 2023 | 1.92x | ZAC43.12 Million | ZAC82.98 Million | ▼ -19.3% |
| 2022 | 2.39x | ZAC33.72 Million | ZAC80.46 Million | ▼ -65.1% |
| 2021 | 6.84x | ZAC10.62 Million | ZAC72.70 Million | ▲ +83.5% |
| 2020 | 3.73x | ZAC34.83 Million | ZAC129.88 Million | ▼ -33.2% |
| 2019 | 5.58x | ZAC18.25 Million | ZAC101.90 Million | ▲ +12165.7% |
| 2018 | 0.05x | ZAC38.10 Million | ZAC1.73 Million | ▲ +54.5% |
| 2017 | 0.03x | ZAC38.74 Million | ZAC1.14 Million | — |