Airtel Africa Plc (AAF) — Capital Reinvestment Ratio
Airtel Africa Plc (AAF) has a Capital Reinvestment Ratio of 0.26x as of December 2025, meaning it reinvests 0% of its operating cash flow (GBX918.00 Million) in capital expenditures (GBX236.00 Million). Check Airtel Africa Plc (AAF) tangible net worth to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Airtel Africa Plc Capital Reinvestment Ratio (2017–2025)
This chart tracks Airtel Africa Plc's Capital Reinvestment Ratio across 9 annual periods. For the full cash flow conversion analysis, see Airtel Africa Plc (AAF) cash conversion ratio.
Annual Capital Reinvestment Ratio for Airtel Africa Plc (2017–2025)
Year-by-year Capital Reinvestment Ratio for Airtel Africa Plc from 2017 to 2025. See AAF free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.38x | GBX2.27 Billion | GBX859.00 Million | ▼ -16.8% |
| 2024 | 0.46x | GBX2.26 Billion | GBX1.03 Billion | ▼ -21.5% |
| 2023 | 0.58x | GBX2.21 Billion | GBX1.28 Billion | ▲ +57.9% |
| 2022 | 0.37x | GBX2.01 Billion | GBX739.00 Million | ▼ -33.1% |
| 2021 | 0.55x | GBX1.67 Billion | GBX915.00 Million | ▼ -6.1% |
| 2020 | 0.58x | GBX1.39 Billion | GBX811.00 Million | ▼ -13.1% |
| 2019 | 0.67x | GBX1.03 Billion | GBX693.00 Million | ▲ +61.6% |
| 2018 | 0.42x | GBX831.00 Million | GBX346.00 Million | ▼ -69.5% |
| 2017 | 1.36x | GBX421.00 Million | GBX574.00 Million | — |