Happy Forgings Limited (HAPPYFORGE) — Capital Reinvestment Ratio
Happy Forgings Limited (HAPPYFORGE) has a Capital Reinvestment Ratio of 1.26x as of September 2022, meaning it reinvests 1% of its operating cash flow (Rs350.45 Million) in capital expenditures (Rs441.50 Million). See HAPPYFORGE net asset quality index to measure how much of total assets are equity-financed.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Happy Forgings Limited Capital Reinvestment Ratio (2019–2024)
This chart tracks Happy Forgings Limited's Capital Reinvestment Ratio across 6 annual periods. Check Happy Forgings Limited cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Annual Capital Reinvestment Ratio for Happy Forgings Limited (2019–2024)
Year-by-year Capital Reinvestment Ratio for Happy Forgings Limited from 2019 to 2024. For live market cap and broader valuation context, see HAPPYFORGE market cap overview.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 0.93x | Rs2.92 Billion | Rs2.71 Billion | ▼ -9.7% |
| 2023 | 1.03x | Rs1.89 Billion | Rs1.94 Billion | ▲ +23.2% |
| 2022 | 0.83x | Rs2.09 Billion | Rs1.75 Billion | ▼ -64.9% |
| 2021 | 2.38x | Rs802.94 Million | Rs1.91 Billion | ▼ -25.9% |
| 2020 | 3.21x | Rs285.91 Million | Rs916.64 Million | ▲ +435.2% |
| 2019 | 0.60x | Rs1.69 Billion | Rs1.01 Billion | — |