Joint Stock Company Kaspi.kz (KSPI) — Capital Reinvestment Ratio
Joint Stock Company Kaspi.kz (KSPI) has a Capital Reinvestment Ratio of 0.38x as of March 2026, meaning it reinvests 0% of its operating cash flow ($86.51 Billion) in capital expenditures ($32.96 Billion). Check Joint Stock Company Kaspi.kz (KSPI) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Joint Stock Company Kaspi.kz Capital Reinvestment Ratio (2019–2025)
This chart tracks Joint Stock Company Kaspi.kz's Capital Reinvestment Ratio across 7 annual periods. For the full cash flow conversion analysis, see Joint Stock Company Kaspi.kz cash flow conversion.
Annual Capital Reinvestment Ratio for Joint Stock Company Kaspi.kz (2019–2025)
Year-by-year Capital Reinvestment Ratio for Joint Stock Company Kaspi.kz from 2019 to 2025. See Joint Stock Company Kaspi.kz 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 |
|---|---|---|---|---|
| 2025 | 0.27x | $673.61 Billion | $182.51 Billion | ▲ +64.7% |
| 2024 | 0.16x | $581.89 Billion | $95.73 Billion | ▲ +262.1% |
| 2023 | 0.05x | $1.11 Trillion | $50.26 Billion | ▼ -22.0% |
| 2022 | 0.06x | $1.02 Trillion | $59.47 Billion | ▼ -83.5% |
| 2021 | 0.35x | $70.35 Billion | $24.90 Billion | ▲ +1102.1% |
| 2020 | 0.03x | $617.73 Billion | $18.19 Billion | ▼ -48.5% |
| 2019 | 0.06x | $296.35 Billion | $16.93 Billion | — |