Kulmbacher Brauerei Aktien-Gesellschaft (KUL) — Capital Reinvestment Ratio
Kulmbacher Brauerei Aktien-Gesellschaft (KUL) has a Capital Reinvestment Ratio of 0.32x as of December 2019, meaning it reinvests 0% of its operating cash flow (€15.97 Million) in capital expenditures (€5.11 Million). Check Kulmbacher Brauerei Aktien-Gesellschaft 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
Kulmbacher Brauerei Aktien-Gesellschaft Capital Reinvestment Ratio (2015–2025)
This chart tracks Kulmbacher Brauerei Aktien-Gesellschaft's Capital Reinvestment Ratio across 11 annual periods. For the full cash flow conversion analysis, see KUL cash flow conversion.
Annual Capital Reinvestment Ratio for Kulmbacher Brauerei Aktien-Gesellschaft (2015–2025)
Year-by-year Capital Reinvestment Ratio for Kulmbacher Brauerei Aktien-Gesellschaft from 2015 to 2025. See KUL 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 (EUR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.56x | €42.51 Million | €23.95 Million | ▲ +6.0% |
| 2024 | 0.53x | €42.62 Million | €22.65 Million | ▼ -40.2% |
| 2023 | 0.89x | €32.73 Million | €29.09 Million | ▼ -4.2% |
| 2022 | 0.93x | €36.53 Million | €33.91 Million | ▲ +13.9% |
| 2021 | 0.81x | €32.04 Million | €26.11 Million | ▲ +50.9% |
| 2020 | 0.54x | €37.68 Million | €20.35 Million | ▲ +13.7% |
| 2019 | 0.47x | €35.18 Million | €16.71 Million | ▼ -31.9% |
| 2018 | 0.70x | €28.81 Million | €20.09 Million | ▼ -1.7% |
| 2017 | 0.71x | €26.87 Million | €19.06 Million | ▲ +9.5% |
| 2016 | 0.65x | €26.45 Million | €17.13 Million | ▲ +7.7% |
| 2015 | 0.60x | €20.66 Million | €12.43 Million | — |