Cyanotech Corporation (CYAN) — Capital Reinvestment Ratio
Cyanotech Corporation (CYAN) has a Capital Reinvestment Ratio of 0.59x as of September 2025, meaning it reinvests 1% of its operating cash flow ($108.00K) in capital expenditures ($64.00K). Check tangible equity quality of Cyanotech Corporation to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Cyanotech Corporation Capital Reinvestment Ratio (1994–2022)
This chart tracks Cyanotech Corporation's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see Cyanotech Corporation operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Cyanotech Corporation (1994–2022)
Year-by-year Capital Reinvestment Ratio for Cyanotech Corporation from 1994 to 2022. See Cyanotech Corporation free cash flow generation to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2022 | 0.53x | $2.38 Million | $1.27 Million | ▲ +68.6% |
| 2021 | 0.32x | $2.40 Million | $760.00K | ▲ +75.7% |
| 2020 | 0.18x | $1.24 Million | $224.00K | ▼ -73.3% |
| 2018 | 0.67x | $1.49 Million | $1.00 Million | ▼ -2.8% |
| 2017 | 0.69x | $1.22 Million | $847.00K | ▼ -88.0% |
| 2016 | 5.78x | $745.00K | $4.30 Million | ▲ +66.5% |
| 2015 | 3.47x | $1.24 Million | $4.30 Million | ▲ +81.1% |
| 2014 | 1.92x | $2.15 Million | $4.12 Million | ▼ -6.7% |
| 2013 | 2.05x | $1.90 Million | $3.89 Million | ▲ +414.1% |
| 2012 | 0.40x | $5.08 Million | $2.03 Million | ▲ +35.7% |
| 2011 | 0.29x | $1.75 Million | $514.00K | ▼ -65.2% |
| 2010 | 0.85x | $1.22 Million | $1.03 Million | ▲ +71.2% |
| 2009 | 0.49x | $908.00K | $449.00K | ▼ -71.5% |
| 2006 | 1.74x | $179.00K | $311.00K | ▲ +255.5% |
| 2005 | 0.49x | $1.33 Million | $649.00K | ▲ +132.6% |
| 2004 | 0.21x | $1.97 Million | $413.00K | ▼ -88.3% |
| 2001 | 1.80x | $243.00K | $437.00K | ▲ +55.4% |
| 2000 | 1.16x | $343.00K | $397.00K | ▼ -80.4% |
| 1998 | 5.90x | $1.00 Million | $5.90 Million | ▲ +144.4% |
| 1997 | 2.41x | $2.90 Million | $7.00 Million | ▲ +60.9% |
| 1996 | 1.50x | $2.60 Million | $3.90 Million | ▲ +7.1% |
| 1995 | 1.40x | $1.00 Million | $1.40 Million | ▼ -53.3% |
| 1994 | 3.00x | $600.00K | $1.80 Million | — |