Shyft Group Inc (SHYF) — Capital Reinvestment Ratio
Shyft Group Inc (SHYF) has a Capital Reinvestment Ratio of 0.17x as of December 2024, meaning it reinvests 0% of its operating cash flow ($12.84 Million) in capital expenditures ($2.18 Million). Check SHYF intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Shyft Group Inc Capital Reinvestment Ratio (1989–2024)
This chart tracks Shyft Group Inc's Capital Reinvestment Ratio across 30 annual periods. For the full cash flow conversion analysis, see Shyft Group Inc (SHYF) cash flow conversion.
Annual Capital Reinvestment Ratio for Shyft Group Inc (1989–2024)
Year-by-year Capital Reinvestment Ratio for Shyft Group Inc from 1989 to 2024. See how much free cash does Shyft Group 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 |
|---|---|---|---|---|
| 2024 | 0.45x | $30.06 Million | $13.66 Million | ▲ +23.3% |
| 2023 | 0.37x | $56.24 Million | $20.73 Million | ▲ +18.6% |
| 2021 | 0.31x | $74.01 Million | $23.00 Million | ▲ +37.6% |
| 2020 | 0.23x | $64.33 Million | $14.53 Million | ▼ -23.1% |
| 2019 | 0.29x | $34.18 Million | $10.04 Million | ▼ -73.8% |
| 2018 | 1.12x | $8.03 Million | $8.98 Million | ▲ +361.5% |
| 2017 | 0.24x | $22.02 Million | $5.34 Million | ▼ -57.6% |
| 2016 | 0.57x | $23.45 Million | $13.41 Million | ▲ +50.7% |
| 2015 | 0.38x | $12.90 Million | $4.89 Million | ▼ -28.7% |
| 2014 | 0.53x | $6.51 Million | $3.46 Million | ▲ +96.9% |
| 2013 | 0.27x | $13.05 Million | $3.53 Million | ▼ -86.2% |
| 2012 | 1.96x | $6.37 Million | $12.47 Million | ▲ +1023.0% |
| 2011 | 0.17x | $30.14 Million | $5.25 Million | ▲ +52.1% |
| 2010 | 0.11x | $33.74 Million | $3.87 Million | ▼ -24.8% |
| 2009 | 0.15x | $38.12 Million | $5.81 Million | ▼ -47.1% |
| 2008 | 0.29x | $56.45 Million | $16.29 Million | ▼ -52.8% |
| 2005 | 0.61x | $4.80 Million | $2.93 Million | ▲ +305.9% |
| 2003 | 0.15x | $14.29 Million | $2.15 Million | ▼ -59.0% |
| 2002 | 0.37x | $15.70 Million | $5.76 Million | ▲ +192.4% |
| 2001 | 0.13x | $20.06 Million | $2.52 Million | ▼ -32.6% |
| 2000 | 0.19x | $6.89 Million | $1.28 Million | ▼ -73.9% |
| 1999 | 0.71x | $3.50 Million | $2.50 Million | ▲ +574.1% |
| 1997 | 0.11x | $15.10 Million | $1.60 Million | ▼ -64.4% |
| 1996 | 0.30x | $4.70 Million | $1.40 Million | ▼ -78.1% |
| 1995 | 1.36x | $4.70 Million | $6.40 Million | ▲ +126.0% |
| 1994 | 0.60x | $7.80 Million | $4.70 Million | ▼ -89.7% |
| 1993 | 5.86x | $700.00K | $4.10 Million | ▲ +1266.7% |
| 1992 | 0.43x | $5.60 Million | $2.40 Million | ▼ -57.1% |
| 1990 | 1.00x | $500.00K | $500.00K | ▲ +50.0% |
| 1989 | 0.67x | $1.50 Million | $1.00 Million | — |