Magic Empire Global Limited (MEGL) — Capital Reinvestment Ratio

Latest as of December 2023: 20.16x

Magic Empire Global Limited (MEGL) has a Capital Reinvestment Ratio of 20.16x as of December 2023, meaning it reinvests 20% of its operating cash flow ($94.49K) in capital expenditures ($1.90 Million). Check Magic Empire Global Limited tangible book value ratio to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

20.16x
Capex / Operating Cash Flow

Operating Cash Flow

$94.49K
USD

Capital Expenditures

$1.90 Million
USD

Data as of

Dec 2023
Most recent filing

Magic Empire Global Limited Capital Reinvestment Ratio (2019–2023)

This chart tracks Magic Empire Global Limited's Capital Reinvestment Ratio across 2 annual periods. For the full cash flow conversion analysis, see MEGL cash generation efficiency.

Annual Capital Reinvestment Ratio for Magic Empire Global Limited (2019–2023)

Year-by-year Capital Reinvestment Ratio for Magic Empire Global Limited from 2019 to 2023. See how much free cash does Magic Empire Global Limited generate to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2023 20.16x $94.49K $1.90 Million ▲ +11699.5%
2019 0.17x $8.00 Million $1.37 Million
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow