Avidity Biosciences, Inc Capital Reinvestment Ratio

Latest as of December 2023: 0.05x

Avidity Biosciences, Inc capital reinvestment ratio. Avidity Biosciences, Inc (RNAM) has a Capital Reinvestment Ratio of 0.05x as of December 2023, meaning it reinvests 0% of its operating cash flow ($16.50 Million) in capital expenditures ($863.00K). See RNAM cash flow after capex ratio to measure how efficiently the company converts operating cash flow to free cash.

Capital Reinvestment Ratio

0.05x
Capex / Operating Cash Flow

Operating Cash Flow

$16.50 Million
USD

Capital Expenditures

$863.00K
USD

Data as of

Dec 2023
Most recent filing

Capital Reinvestment Ratio of Avidity Biosciences, Inc (2019–2019)

Capital reinvestment ratio of Avidity Biosciences, Inc from 2019 to 2019. This chart tracks Avidity Biosciences, Inc's Capital Reinvestment Ratio across 1 annual periods. See RNAM FCF to total liabilities ratio to measure the company's free cash flow as a share of total liabilities.

Avidity Biosciences, Inc Capital Reinvestment Ratio by Year (2019–2019)

Avidity Biosciences, Inc capital reinvestment ratio by year from 2019 to 2019. For the full cash flow conversion analysis, see cash flow conversion of Avidity Biosciences, Inc.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2019 0.09x $2.49 Million $235.00K —
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow