Smith Micro Software Inc (SMSI) — Capital Reinvestment Ratio

Latest as of September 2023: 0.01x

Smith Micro Software Inc (SMSI) has a Capital Reinvestment Ratio of 0.01x as of September 2023, meaning it reinvests 0% of its operating cash flow ($1.54 Million) in capital expenditures ($8.00K). Check how tangible is Smith Micro Software Inc's equity to evaluate the tangible quality of the company's equity base.

Capital Reinvestment Ratio

0.01x
Capex / Operating Cash Flow

Operating Cash Flow

$1.54 Million
USD

Capital Expenditures

$8.00K
USD

Data as of

Sep 2023
Most recent filing

Smith Micro Software Inc Capital Reinvestment Ratio (1994–2020)

This chart tracks Smith Micro Software Inc's Capital Reinvestment Ratio across 13 annual periods. For the full cash flow conversion analysis, see Smith Micro Software Inc cash conversion from operations.

Annual Capital Reinvestment Ratio for Smith Micro Software Inc (1994–2020)

Year-by-year Capital Reinvestment Ratio for Smith Micro Software Inc from 1994 to 2020. See Smith Micro Software Inc (SMSI) FCF generation index to measure how efficiently the company converts operating cash flow to free cash.

Year Reinvestment Ratio Operating CF (USD) Capital Expenditures YoY Change
2020 0.17x $7.92 Million $1.32 Million ▲ +0.5%
2019 0.17x $9.99 Million $1.66 Million ▼ -34.9%
2010 0.26x $24.74 Million $6.31 Million ▼ -2.0%
2009 0.26x $18.48 Million $4.81 Million ▲ +6.0%
2008 0.25x $16.45 Million $4.04 Million ▲ +101.5%
2007 0.12x $18.26 Million $2.22 Million ▲ +396.4%
2006 0.02x $14.75 Million $362.00K ▼ -57.4%
2005 0.06x $2.46 Million $142.00K ▲ +70.5%
2004 0.03x $3.02 Million $102.00K ▼ -37.4%
2002 0.05x $426.00K $23.00K ▼ -97.3%
1997 2.00x $100.00K $200.00K ▲ +2150.0%
1995 0.09x $4.50 Million $400.00K ▼ -37.8%
1994 0.14x $2.10 Million $300.00K
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow