HeartCore Enterprises Inc (HTCR) — Capital Reinvestment Ratio

Latest as of June 2022: 0.04x

HeartCore Enterprises Inc (HTCR) has a Capital Reinvestment Ratio of 0.04x as of June 2022, meaning it reinvests 0% of its operating cash flow ($299.99K) in capital expenditures ($12.06K). Check HeartCore Enterprises Inc tangible net worth ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.04x
Capex / Operating Cash Flow

Operating Cash Flow

$299.99K
USD

Capital Expenditures

$12.06K
USD

Data as of

Jun 2022
Most recent filing

HeartCore Enterprises Inc Capital Reinvestment Ratio (2020–2021)

This chart tracks HeartCore Enterprises Inc's Capital Reinvestment Ratio across 2 annual periods. For the full cash flow conversion analysis, see how efficiently does HeartCore Enterprises Inc generate cash.

Annual Capital Reinvestment Ratio for HeartCore Enterprises Inc (2020–2021)

Year-by-year Capital Reinvestment Ratio for HeartCore Enterprises Inc from 2020 to 2021. See how much free cash does HeartCore Enterprises Inc generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2021 0.05x $766.30K $36.15K ▲ +29.5%
2020 0.04x $745.75K $27.17K
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow