Applied Opt (AAOI) — Capital Reinvestment Ratio
Applied Opt (AAOI) has a Capital Reinvestment Ratio of 6.20x as of December 2023, meaning it reinvests 6% of its operating cash flow ($1.55 Million) in capital expenditures ($9.61 Million). Check tangible equity quality of Applied Opt to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Applied Opt Capital Reinvestment Ratio (2014–2018)
This chart tracks Applied Opt's Capital Reinvestment Ratio across 4 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Applied Opt.
Annual Capital Reinvestment Ratio for Applied Opt (2014–2018)
Year-by-year Capital Reinvestment Ratio for Applied Opt from 2014 to 2018. See how much free cash does Applied Opt generate to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2018 | 5.51x | $14.03 Million | $77.25 Million | ▲ +559.8% |
| 2017 | 0.83x | $84.28 Million | $70.34 Million | ▼ -4.7% |
| 2016 | 0.88x | $57.10 Million | $49.99 Million | ▼ -85.7% |
| 2014 | 6.14x | $7.24 Million | $44.47 Million | — |