Zhongchao Inc (ZCMD) — Capital Reinvestment Ratio
Latest as of September 2024:
2.59x
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). See cash generation quality of Zhongchao Inc to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
2.59x
Capex / Operating Cash Flow
Operating Cash Flow
$809.60K
USD
Capital Expenditures
$2.10 Million
USD
Data as of
Sep 2024
Most recent filing
Zhongchao Inc Capital Reinvestment Ratio (2018–2023)
This chart tracks Zhongchao Inc's Capital Reinvestment Ratio across 4 annual periods.
Annual Capital Reinvestment Ratio for Zhongchao Inc (2018–2023)
Year-by-year Capital Reinvestment Ratio for Zhongchao Inc from 2018 to 2023. For live market cap and broader valuation context, see Zhongchao Inc (ZCMD) market capitalisation.
| 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 | — |
Capital Reinvestment Ratio = ABS(Capital Expenditures) / Operating Cash Flow