Zhongchao Inc Capital Reinvestment Ratio

Latest as of September 2024: 2.59x

Zhongchao Inc 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 (ZCMD) reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.

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

Capital Reinvestment Ratio of Zhongchao Inc (2018–2023)

Capital reinvestment ratio of Zhongchao Inc from 2018 to 2023. This chart tracks Zhongchao Inc's Capital Reinvestment Ratio across 4 annual periods. Also explore ZCMD year-over-year net asset growth to track the company's year-over-year net asset growth rate.

Zhongchao Inc Capital Reinvestment Ratio by Year (2018–2023)

Zhongchao Inc capital reinvestment ratio by year from 2018 to 2023. For the full cash flow conversion analysis, see Zhongchao Inc cash conversion from operations.

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