Smart Sand Inc (SND) — Capital Reinvestment Ratio
Smart Sand Inc (SND) has a Capital Reinvestment Ratio of 0.72x as of March 2026, meaning it reinvests 1% of its operating cash flow ($3.04 Million) in capital expenditures ($2.20 Million). Check tangible equity quality of Smart Sand Inc to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Smart Sand Inc Capital Reinvestment Ratio (2014–2025)
This chart tracks Smart Sand Inc's Capital Reinvestment Ratio across 12 annual periods. For the full cash flow conversion analysis, see cash flow conversion of Smart Sand Inc.
Annual Capital Reinvestment Ratio for Smart Sand Inc (2014–2025)
Year-by-year Capital Reinvestment Ratio for Smart Sand Inc from 2014 to 2025. See cash generation quality of Smart Sand Inc to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2025 | 0.26x | $44.12 Million | $11.60 Million | ▼ -33.0% |
| 2024 | 0.39x | $17.86 Million | $7.01 Million | ▼ -47.2% |
| 2023 | 0.74x | $30.99 Million | $23.03 Million | ▼ -68.4% |
| 2022 | 2.35x | $5.42 Million | $12.73 Million | ▲ +579.1% |
| 2021 | 0.35x | $32.44 Million | $11.22 Million | ▲ +2.5% |
| 2020 | 0.34x | $25.54 Million | $8.62 Million | ▼ -41.0% |
| 2019 | 0.57x | $44.63 Million | $25.52 Million | ▼ -69.7% |
| 2018 | 1.89x | $50.91 Million | $96.09 Million | ▼ -42.3% |
| 2017 | 3.27x | $15.63 Million | $51.16 Million | ▲ +3370.4% |
| 2016 | 0.09x | $26.70 Million | $2.52 Million | ▼ -90.1% |
| 2015 | 0.96x | $30.70 Million | $29.38 Million | ▼ -31.4% |
| 2014 | 1.40x | $22.14 Million | $30.89 Million | — |