Thungela Resources Limited (TGA) — Capital Reinvestment Ratio
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). Check TGA tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Thungela Resources Limited Capital Reinvestment Ratio (2018–2025)
This chart tracks Thungela Resources Limited's Capital Reinvestment Ratio across 8 annual periods. For the full cash flow conversion analysis, see cash efficiency ratio of Thungela Resources Limited.
Annual Capital Reinvestment Ratio for Thungela Resources Limited (2018–2025)
Year-by-year Capital Reinvestment Ratio for Thungela Resources Limited from 2018 to 2025. See TGA free cash flow to operating cash ratio to measure how efficiently the company converts operating cash flow to free cash.
| 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 | — |