Happy Forgings Limited Capital Reinvestment Ratio
Happy Forgings Limited 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 Happy Forgings Limited free cash flow ratio to measure how efficiently the company converts operating cash flow to free cash.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Capital Reinvestment Ratio of Happy Forgings Limited (2019–2024)
Capital reinvestment ratio of Happy Forgings Limited from 2019 to 2024. This chart tracks Happy Forgings Limited's Capital Reinvestment Ratio across 6 annual periods. See financial agility of Happy Forgings Limited to measure the company's free cash flow as a share of total liabilities.
Happy Forgings Limited Capital Reinvestment Ratio by Year (2019–2024)
Happy Forgings Limited capital reinvestment ratio by year from 2019 to 2024. For the full cash flow conversion analysis, see HAPPYFORGE cash generation efficiency.
| 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 | — |