Aflac Incorporated (AFL) — Capital Reinvestment Ratio
Aflac Incorporated (AFL) has a Capital Reinvestment Ratio of 0.04x as of December 2008, meaning it reinvests 0% of its operating cash flow ($1.32 Billion) in capital expenditures ($49.00 Million). Check how tangible is Aflac Incorporated's equity to evaluate the tangible quality of the company's equity base.
Capital Reinvestment Ratio
Operating Cash Flow
Capital Expenditures
Data as of
Aflac Incorporated Capital Reinvestment Ratio (1989–2009)
This chart tracks Aflac Incorporated's Capital Reinvestment Ratio across 21 annual periods. For the full cash flow conversion analysis, see AFL operating cash flow.
Annual Capital Reinvestment Ratio for Aflac Incorporated (1989–2009)
Year-by-year Capital Reinvestment Ratio for Aflac Incorporated from 1989 to 2009. See Aflac Incorporated free cash flow efficiency to measure how efficiently the company converts operating cash flow to free cash.
| Year | Reinvestment Ratio | Operating CF (USD) | Capital Expenditures | YoY Change |
|---|---|---|---|---|
| 2009 | 0.20x | $6.16 Billion | $1.21 Billion | ▲ +1896.6% |
| 2008 | 0.01x | $4.96 Billion | $49.00 Million | ▼ -0.1% |
| 2007 | 0.01x | $4.66 Billion | $46.00 Million | ▲ +88.9% |
| 2006 | 0.01x | $4.40 Billion | $23.00 Million | ▲ +44.9% |
| 2005 | 0.00x | $4.43 Billion | $16.00 Million | ▼ -22.9% |
| 2004 | 0.00x | $4.49 Billion | $21.00 Million | ▼ -24.5% |
| 2003 | 0.01x | $3.39 Billion | $21.00 Million | ▼ -24.7% |
| 2002 | 0.01x | $3.04 Billion | $25.00 Million | ▼ -47.9% |
| 2001 | 0.02x | $2.85 Billion | $45.00 Million | ▲ +97.1% |
| 2000 | 0.01x | $3.25 Billion | $26.00 Million | ▲ +60.6% |
| 1999 | 0.00x | $2.81 Billion | $14.00 Million | ▼ -68.8% |
| 1998 | 0.02x | $2.50 Billion | $40.00 Million | ▲ +361.9% |
| 1997 | 0.00x | $2.60 Billion | $9.00 Million | ▼ -6.7% |
| 1996 | 0.00x | $2.69 Billion | $10.00 Million | ▼ -37.2% |
| 1995 | 0.01x | $2.94 Billion | $17.40 Million | ▼ -92.4% |
| 1994 | 0.08x | $2.37 Billion | $185.40 Million | ▲ +29.0% |
| 1993 | 0.06x | $1.85 Billion | $112.00 Million | ▼ -5.7% |
| 1992 | 0.06x | $1.50 Billion | $96.70 Million | ▲ +606.3% |
| 1991 | 0.01x | $1.24 Billion | $11.30 Million | ▼ -59.4% |
| 1990 | 0.02x | $1.01 Billion | $22.60 Million | ▲ +37.1% |
| 1989 | 0.02x | $867.30 Million | $14.20 Million | — |