Zhongchao Inc (ZCMD) — Capital Reinvestment Ratio
Zhongchao Inc (ZCMD) has a Capital Reinvestment Ratio of 2.59x as of September 2024, meaning it reinvests 3% of its operating cash flow ($809.60K) in capital expenditures ($2.10 Million). Check Zhongchao Inc tangible equity quality to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Zhongchao Inc Capital Reinvestment Ratio (2018–2023)
This chart tracks Zhongchao Inc's Capital Reinvestment Ratio across 4 annual periods. For the full cash flow conversion analysis, see ZCMD cash flow conversion.
Annual Capital Reinvestment Ratio for Zhongchao Inc (2018–2023)
Year-by-year Capital Reinvestment Ratio for Zhongchao Inc from 2018 to 2023. See Zhongchao Inc free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2023 | 15.48x | $54.23K | $839.74K | ▲ +2362.2% |
| 2021 | 0.63x | $2.86 Million | $1.80 Million | ▼ -32.6% |
| 2019 | 0.93x | $1.41 Million | $1.31 Million | ▲ +12.6% |
| 2018 | 0.83x | $1.31 Million | $1.09 Million | — |