Nova Agritech Ltd. (NOVAAGRI) — Capital Reinvestment Ratio
Nova Agritech Ltd. (NOVAAGRI) has a Capital Reinvestment Ratio of 0.81x as of September 2022, meaning it reinvests 1% of its operating cash flow (Rs6.52 Million) in capital expenditures (Rs5.31 Million). Check Nova Agritech Ltd. (NOVAAGRI) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Nova Agritech Ltd. Capital Reinvestment Ratio (2018–2024)
This chart tracks Nova Agritech Ltd.'s Capital Reinvestment Ratio across 6 annual periods. For the full cash flow conversion analysis, see Nova Agritech Ltd. operating cash flow efficiency.
Annual Capital Reinvestment Ratio for Nova Agritech Ltd. (2018–2024)
Year-by-year Capital Reinvestment Ratio for Nova Agritech Ltd. from 2018 to 2024. See Nova Agritech Ltd. free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (INR) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2024 | 1.08x | Rs7.92 Million | Rs8.55 Million | ▲ +74.1% |
| 2023 | 0.62x | Rs56.78 Million | Rs35.22 Million | ▼ -62.0% |
| 2022 | 1.63x | Rs24.82 Million | Rs40.56 Million | ▲ +175.5% |
| 2021 | 0.59x | Rs51.81 Million | Rs30.73 Million | ▼ -44.6% |
| 2019 | 1.07x | Rs33.89 Million | Rs36.28 Million | ▼ -3.4% |
| 2018 | 1.11x | Rs31.84 Million | Rs35.29 Million | — |