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 ZCMD net asset quality score to measure how much of total assets are equity-financed.

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. Check ZCMD capex plus investments ratio to assess the company's total reinvestment commitment from operating cash flow.

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 ZCMD stock 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