Hall of Fame Resort Entertainment Co (HOFV) — Capital Reinvestment Ratio

Latest as of September 2023: 236.31x

Hall of Fame Resort Entertainment Co (HOFV) has a Capital Reinvestment Ratio of 236.31x as of September 2023, meaning it reinvests 236% of its operating cash flow ($76.83K) in capital expenditures ($18.16 Million). Check tangible equity quality of Hall of Fame Resort Entertainment Co to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

236.31x
Capex / Operating Cash Flow

Operating Cash Flow

$76.83K
USD

Capital Expenditures

$18.16 Million
USD

Data as of

Sep 2023
Most recent filing

Hall of Fame Resort Entertainment Co Capital Reinvestment Ratio (2017–2019)

This chart tracks Hall of Fame Resort Entertainment Co's Capital Reinvestment Ratio across 2 annual periods. For the full cash flow conversion analysis, see how efficiently does Hall of Fame Resort Entertainment Co generate cash.

Annual Capital Reinvestment Ratio for Hall of Fame Resort Entertainment Co (2017–2019)

Year-by-year Capital Reinvestment Ratio for Hall of Fame Resort Entertainment Co from 2017 to 2019. See HOFV 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 (USD) Capital Expenditures YoY Change
2019 17.92x $933.02K $16.72 Million ▲ +3.8%
2017 17.27x $6.49 Million $112.10 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow