Spirent Communications plc (SPT) — Capital Reinvestment Ratio
Spirent Communications plc (SPT) has a Capital Reinvestment Ratio of 0.27x as of June 2025, meaning it reinvests 0% of its operating cash flow (GBX15.30 Million) in capital expenditures (GBX4.10 Million). Check Spirent Communications plc tangible book value ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Spirent Communications plc Capital Reinvestment Ratio (1991–2024)
This chart tracks Spirent Communications plc's Capital Reinvestment Ratio across 33 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Spirent Communications plc.
Annual Capital Reinvestment Ratio for Spirent Communications plc (1991–2024)
Year-by-year Capital Reinvestment Ratio for Spirent Communications plc from 1991 to 2024. See cash generation quality of Spirent Communications plc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (GBX) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.23x | GBX51.90 Million | GBX11.80 Million | ▲ +11.6% |
| 2023 | 0.20x | GBX31.90 Million | GBX6.50 Million | ▲ +185.8% |
| 2022 | 0.07x | GBX117.80 Million | GBX8.40 Million | ▼ -28.1% |
| 2021 | 0.10x | GBX102.90 Million | GBX10.20 Million | ▲ +20.1% |
| 2020 | 0.08x | GBX121.20 Million | GBX10.00 Million | ▼ -23.7% |
| 2019 | 0.11x | GBX119.30 Million | GBX12.90 Million | ▼ -45.8% |
| 2018 | 0.20x | GBX60.20 Million | GBX12.00 Million | ▼ -7.3% |
| 2017 | 0.22x | GBX69.30 Million | GBX14.90 Million | ▼ -47.5% |
| 2016 | 0.41x | GBX42.70 Million | GBX17.50 Million | ▼ -4.4% |
| 2015 | 0.43x | GBX60.40 Million | GBX25.90 Million | ▼ -44.5% |
| 2014 | 0.77x | GBX41.70 Million | GBX32.20 Million | ▲ +127.3% |
| 2013 | 0.34x | GBX67.40 Million | GBX22.90 Million | ▲ +117.7% |
| 2012 | 0.16x | GBX105.10 Million | GBX16.40 Million | ▼ -37.1% |
| 2011 | 0.25x | GBX98.70 Million | GBX24.50 Million | ▲ +35.6% |
| 2010 | 0.18x | GBX99.40 Million | GBX18.20 Million | ▲ +69.8% |
| 2009 | 0.11x | GBX98.96 Million | GBX10.67 Million | ▼ -34.4% |
| 2008 | 0.16x | GBX65.90 Million | GBX10.84 Million | ▲ +51.3% |
| 2007 | 0.11x | GBX98.56 Million | GBX10.71 Million | ▼ -92.3% |
| 2005 | 1.42x | GBX36.99 Million | GBX52.48 Million | ▲ +159.0% |
| 2004 | 0.55x | GBX88.61 Million | GBX48.53 Million | ▲ +123.6% |
| 2003 | 0.24x | GBX121.79 Million | GBX29.82 Million | ▼ -80.5% |
| 2002 | 1.25x | GBX35.44 Million | GBX44.46 Million | ▲ +23.1% |
| 2001 | 1.02x | GBX84.71 Million | GBX86.31 Million | ▲ +24.2% |
| 2000 | 0.82x | GBX81.55 Million | GBX66.91 Million | ▲ +14.9% |
| 1999 | 0.71x | GBX80.40 Million | GBX57.43 Million | ▼ -32.4% |
| 1998 | 1.06x | GBX90.96 Million | GBX96.11 Million | ▲ +52.6% |
| 1997 | 0.69x | GBX87.61 Million | GBX60.67 Million | ▼ -21.7% |
| 1996 | 0.88x | GBX70.58 Million | GBX62.43 Million | ▲ +3.5% |
| 1995 | 0.85x | GBX63.99 Million | GBX54.66 Million | ▲ +61.8% |
| 1994 | 0.53x | GBX67.23 Million | GBX35.50 Million | ▼ -23.7% |
| 1993 | 0.69x | GBX47.82 Million | GBX33.07 Million | ▼ -12.2% |
| 1992 | 0.79x | GBX36.99 Million | GBX29.14 Million | ▲ +20.6% |
| 1991 | 0.65x | GBX42.10 Million | GBX27.50 Million | — |