Highway Holdings Limited (HIHO) — Capital Reinvestment Ratio
Highway Holdings Limited (HIHO) has a Capital Reinvestment Ratio of 0.11x as of March 2018, meaning it reinvests 0% of its operating cash flow ($2.39 Million) in capital expenditures ($271.00K). Check HIHO intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Highway Holdings Limited Capital Reinvestment Ratio (1997–2024)
This chart tracks Highway Holdings Limited's Capital Reinvestment Ratio across 23 annual periods. For the full cash flow conversion analysis, see Highway Holdings Limited cash conversion from operations.
Annual Capital Reinvestment Ratio for Highway Holdings Limited (1997–2024)
Year-by-year Capital Reinvestment Ratio for Highway Holdings Limited from 1997 to 2024. See Highway Holdings Limited free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.28x | $415.00K | $118.00K | ▲ +150.0% |
| 2023 | 0.11x | $809.00K | $92.00K | ▼ -44.8% |
| 2020 | 0.21x | $442.00K | $91.00K | ▲ +81.4% |
| 2018 | 0.11x | $2.39 Million | $271.00K | ▲ +28.1% |
| 2017 | 0.09x | $2.22 Million | $197.00K | ▼ -78.8% |
| 2016 | 0.42x | $1.26 Million | $524.00K | ▲ +1265.8% |
| 2015 | 0.03x | $4.22 Million | $129.00K | ▼ -31.0% |
| 2014 | 0.04x | $1.65 Million | $73.00K | ▼ -99.1% |
| 2013 | 4.91x | $65.00K | $319.00K | ▲ +790.3% |
| 2012 | 0.55x | $644.00K | $355.00K | ▲ +7.6% |
| 2011 | 0.51x | $2.00 Million | $1.03 Million | ▲ +671.0% |
| 2010 | 0.07x | $1.75 Million | $116.00K | ▲ +56.7% |
| 2009 | 0.04x | $2.00 Million | $85.00K | ▼ -98.5% |
| 2008 | 2.81x | $75.00K | $211.00K | ▲ +398.5% |
| 2007 | 0.56x | $1.66 Million | $934.00K | ▲ +116.4% |
| 2006 | 0.26x | $1.31 Million | $343.00K | ▼ -8.4% |
| 2005 | 0.28x | $625.00K | $178.00K | ▼ -50.8% |
| 2004 | 0.58x | $1.48 Million | $853.00K | ▲ +302.1% |
| 2003 | 0.14x | $1.32 Million | $190.00K | ▼ -84.4% |
| 2002 | 0.92x | $364.00K | $336.00K | ▲ +325.5% |
| 2001 | 0.22x | $1.84 Million | $400.00K | ▲ +15.7% |
| 1999 | 0.19x | $3.20 Million | $600.00K | ▼ -70.5% |
| 1997 | 0.64x | $1.10 Million | $700.00K | — |