Thungela Resources Limited (TGA) — Capital Reinvestment Ratio
Latest as of December 2025:
1.41x
Thungela Resources Limited (TGA) has a Capital Reinvestment Ratio of 1.41x as of December 2025, meaning it reinvests 1% of its operating cash flow (ZAC1.32 Billion) in capital expenditures (ZAC1.86 Billion). See how much free cash does Thungela Resources Limited generate to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
1.41x
Capex / Operating Cash Flow
Operating Cash Flow
ZAC1.32 Billion
ZAC
Capital Expenditures
ZAC1.86 Billion
ZAC
Data as of
Dec 2025
Most recent filing
Thungela Resources Limited Capital Reinvestment Ratio (2018–2025)
This chart tracks Thungela Resources Limited's Capital Reinvestment Ratio across 8 annual periods.
Annual Capital Reinvestment Ratio for Thungela Resources Limited (2018–2025)
Year-by-year Capital Reinvestment Ratio for Thungela Resources Limited from 2018 to 2025. For live market cap and broader valuation context, see TGA stock market capitalisation.
| Year | Reinvestment Ratio | Operating CF (ZAC) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 1.12x | ZAC2.75 Billion | ZAC3.09 Billion | ▲ +68.4% |
| 2024 | 0.67x | ZAC5.29 Billion | ZAC3.53 Billion | ▲ +69.9% |
| 2023 | 0.39x | ZAC8.50 Billion | ZAC3.34 Billion | ▲ +303.6% |
| 2022 | 0.10x | ZAC19.78 Billion | ZAC1.92 Billion | ▼ -74.4% |
| 2021 | 0.38x | ZAC6.12 Billion | ZAC2.32 Billion | ▼ -98.0% |
| 2020 | 19.01x | ZAC160.00 Million | ZAC3.04 Billion | ▼ -54.8% |
| 2019 | 42.06x | ZAC95.00 Million | ZAC4.00 Billion | ▲ +9024.4% |
| 2018 | 0.46x | ZAC6.08 Billion | ZAC2.80 Billion | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow